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21 August 2015

S2
4,400

S1
4,425

IDX
4,441.9

R1
4,484

R2
4,510

Daily Technical Analysis

Pressure taken by Dow Jones and the global markets


would send in the negative sentiment.
The IDX still moved lower with the close below its
recent low with resuming foreign selling actions
yesterday in which suggesting further negative signs.
So, we predict that the IDX would be in the downside
trend today.
ASII
S2
5,850

Sell on strength
S1
6,000

Level
6,200

R1
6,350

R2
6,525

ICBP
S2
11,500

Buy on weakness
S1
12,000

Level
12,475

R1
13,000

R2
13,450

ASII was only up slightly nearing its resistance with


only a low volume in which potentially create a
correction potential.

ICBP moved negatively followed by a formation of a


bearish harami pattern that could lead to a further
downturn.

KLBF

TLKM

S2
1,445

Buy on weakness
S1
1,525

Level
1,535

R1
1,605

R2
1,700

KLBF was under deep pressure yesterday. But so, a


presence of its horizontal support would expectedly
limit the downswing.

Dow Jones
Nasdaq
TLK
IDR/US$

US Market
16,990.6
4,877.4
40.60
13,865

-358.0
-141.5
IDR 2,814

US$ and regional indices above were taken at 7:45 WIBB


* Previous data

S2
2,775

Sell on strength
S1
2,805

Level
2,870

R1
2,915

TLKM was down with a position near its diagonal


resistance and the candlestick formed a hanging man
formation signaling another downside movement.

All Ordinaries
Nikkei 225
Kospi
FTSE 100 *
DAX *
CAC 40 *
IBEX 35 *

World Indices
5,242.3
19,680.6
1,880.8
6,367.8
10,432.1
4,783.5
10,587.0

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
Securities 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.

Research Department

R2
2,980

Tel : 526-1326 Fax : 526-1320

E-mail: research@kiwoom.co.id

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