Daily Research 13 June 2016

positive Market.

S2 S1 IDX R1 R2
4,800 4,825 4,848.0 4,876 4,896
  • A negative Dow Jones and the global markets would send in the negative sentiment.
  • The IDX resumed the weak turn followed by appearing foreign selling interest last week that could once again send in the pressure.
  • Therefore, we predict that the IDX would be in the negative side today.

Daily Research:


Buy on weakness

S2 S1 Level R1 R2
1,200 1,270 1,300 1,370 1,435

CTRA moved in the negative side but with the presences of several supports that could possibly limit the current weak trend.


Trading buy

S2 S1 Level R1 R2
460 480 505 525 565

GIAA took an upside turn with a full white candle followed by a high volume suggesting a further upside movement.


Sell on strength

S2 S1 Level R1 R2
9,650 10,250 10,750 11,225 12,000

SILO ended the trading positively with a high enough volume. But so, the RSI trend already in the overbought area would have the chance to trim the gaining movement.


Sell on strength

S2 S1 Level R1 R2
490 545 630 650 690

SMBR ended the session higher with a strong but the RSI trend in the overbought territory that could slow down this upswing.

* 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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