Daily Research 11 Agustus 2015

Negative Market.

S2 S1 IDX R1 R2
4,700 4,725 4,748.9 4,770 4,806
  • A rebound taken by Dow Jones and also the world’s markets would expectedly improve the sentiment.
  • The IDX still continued the downside turn yesterday. But so, a presence of a hammer would indicate a slower downside momentum.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:


Sell on strength

S2 S1 Level R1 R2
13,100 14,900 15,300 13,350 13,850 1,255 1,300

BBCA again edged higher but not followed by a high volume and a position at a resistance in which could limit an upside potential.


Speculative buy

S2 S1 Level R1 R2
1,605 1,630 1,650 1,680 1,710

KLBF still took a weak turn but with a close at its diagonal support and a hammer pattern so that could create a rebound opportunity.


Sell on strength

S2 S1 Level R1 R2
2,850 2,915 2,965 2,980 3,020

TLKM ended the trading relatively higher with a position near a resistance and a hanging man formation potentially pushing a correction potential.


Sell on strength

S2 S1 Level R1 R2
19,275 19,900 20,000 20,500 21,175

UNTR was in the negative si d e followed by a hammer pattern during an upturn and also a position near its diagonal resistance in which could push for another weak turn.

* This report is for informational purposes only. This report is exclusively published for the use of Kiwoom Securities clients, and may not be reproduced or distributed. While the information was collected from secure sources, Kiwoom Security does not guarantee the accuracy or reliability of the information. Kiwoom Securities bears no liability for any losses that may occur from investments based on the information provided in this report.


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