Daily Research 08 Desember 2015

Negative Market.

S2 S1 IDX R1 R2
4,475 4,408 4,521.3 4,537 4,575
  • A negative Dow Jones and mixed global markets would affect the trading direction.
  • The IDX was in the positive side yesterday but with a formation of a doji indicating a not so strong upside trend.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:

ACES

Sell on strength

S2 S1 Level R1 R2
700 735 805 845 880

ACES ended the trading higher with a formation of a long white candle but with a position near its diagonal resistance that could limit the upside movement.

ICBP

Buy on weakness

S2 S1 Level R1 R2
11,900 12,150 12,450 12,900 13,300

ICBP still carried on the weak turn yesterday. Nevertheless, the presences of several supports would expectedly limit this downswing.

MAPI

Trading buy

S2 S1 Level R1 R2
3,815 4,100 4,320 4,500 4,800

MAPI edged higher supp o rted by a high trading volume in which indicating another favorable
opportunity.

PWON

Buy on weakness

S2 S1 Level R1 R2
435 458 467 515 565

PWON closed the session o n a weak side nearing its diagonal support and a doji pattern indicating 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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