Daily Research 20 Agustus 2015

Negative Market.

S2 S1 IDX R1 R2
4,425 4,450 4,484.2 4,510 4,550
  • A weak Dow Jones and the global bourses would send in the negative sentiment.
  • The IDX again took a downturn closing near its previous low yesterday. Still presence of foreign selling sentiment would still give the unfavorable pressure.
  • Therefore, we predict that the IDX would be in the negative side today.

Daily Research:


Speculative Buy

S2 S1 Level R1 R2
1,470 1,550 1,555 1,620 1,725

AISA took a deep downturn but with a close at its diagonal support and the RSI already in the oversold trend so that could create a technical rebound potential.


Speculative Buy

S2 S1 Level R1 R2
6,050 6,560 7,000 7,500 8,000

TBIG moved in the positive side but with a position still in the oversold area indicating another positive movement.


Buy on Weakness

S2 S1 Level R1 R2
11,400 12,550 12,700 13,100 13,350

BBCA still moved negatively with a low volume after on downturn in 2 days and a position near support in which suggesting a rebound opportunity.


Sell on Strength

S2 S1 Level R1 R2
1,495 1,535 1,645 1,700 1,760

SMRA still moved higher yesterday but with a close at its resistance and also a thin volume in which could slow down the upside 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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