Daily Research 01 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,400 4,425 4,446.4 4,475 4,500
  • Mixed global markets would affect the trading direction.
  • The IDX was under a deep pressure with a close near its recent low yesterday. In addition, a rather high foreign selling sentiment would push for a weak potential.
  • Therefore, we predict that the IDX would be in the negative side once again today.

Daily Research:

ASII

Buy on weakness

S2 S1 Level R1 R2
5,625 5,825 5,925 6,075 6,250

ASII was in the negative side followed by a high volume with a long black candle formation. But so, a presence of a support would limit this weak turn.

BMRI

Trading buy

S2 S1 Level R1 R2
7,500 7,900 8,500 9,250 9,650

SMGR was on a weak s ide nearing its diagonal support during yesterday’s session suggesting a limited downside potential.

WSKT

Speculative buy

S2 S1 Level R1 R2
 1,555 1,590 1,605 1,650 1,685

WSKT still carried on the d e e p downswing but with a close at near its support in which potentially could create a technical rebound opportunity.

SMGR

Trading buy

S2 S1 Level R1 R2
9,000 9,900 10,625 11,400 12,000

SMGR was on a weak s ide nearing its diagonal support during yesterday’s session suggesting a limited downside potential.

* 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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