Daily Research 27 Agustus 2015

Negative Market.

S2 S1 IDX R1 R2
4,150 4,200 4,237.7 4,250 4,300
  • A positive Dow Jones and the regional indices would expectedly send in the support.
  • The IDX ended the trading relatively up but in the middle of no foreign buying interest yesterday that could potentially slow down the upside turn.
  • Therefore, we predict that he IDX would be in the upside tendency today.

Daily Research:

INDF

Trading buy

S2 S1 Level R1 R2
4,280 4,500 4,680 5,000 5,350

INDF ended the trading with a doji pattern after on a downturn during the last 7 days and the RSI indicator staying in the oversold area in which suggesting a rebound potential.

INTP

Sell on strength

S2 S1 Level R1 R2
16,575 17,285 17,700 18,600 19,160

INTP edged higher during yesterday’s session but with a presence of its horizontal resistance that could limit the upside movement.

MDLN

Trading buy

S2 S1 Level R1 R2
305 335 360 405 435

MDLN moved relatively up a fter taking pressure lately followed by a doji pattern and an oversold RSI indicator so that could create an upside opportunity.

PWON

Trading buy

S2 S1 Level R1 R2
314 295 345 362 380

PWON was in the positive side followed by a formation of a bullish engulfing on Wednesday indicating another favorable tendency.

* 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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