Daily Research 23 October 2017

 

S2	S1	IDX	R1	R2
5,825.1	5,854.5	5,929.5	5,967.1	6,000

• Dow Jones closed 0.7% higher at 23,328.6 levels backed by positive sentiments on US tax reform.
• EIDO closed 0.4% higher last Friday expected to support IDX on morning session today.
• Regional market traded quite positive this morning.
• IDX’s candlestick formed inverted hammer pattern last Friday which indicates continuation of selling pressure as investors tend to lock profits.
• In all we expect IDX to trade mixed today.

ADHI	Trading Buy
S2	S1	Level	R1	R2
2,030	2,080	2,160	2,170	2,220

ADHI closed the session higher after break above its short term horizontal resistance with high enough volume indicating another upside potential.

JPFA	Sell on Strength
S2	S1	Level	R1	R2
1,235	1,340	1,400	1,430	1,555

JPFA moved up rather considerably followed by a high volume but with the presence of its strong horizontal resistance suggesting a limited positive opportunity.

PTBA	Buy on Weakness
S2	S1	Level	R1	R2
9,225	10,050	10,600	11,725	11,850

PTBA took a weak movement followed by a long black candle pattern signaling another downside potential.

WTON	Trading Buy
S2	S1	Level	R1	R2
535	560	635	665	690

WTON ended the trading positively after break above long term diagonal resistance with higher volume indicating another upside 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.

Advertisements

Kiwoom Trader 23 October 2017

 

Pasar Eropa diperdagangkan cenderung mendatar akhir pekan lalu namun Dow Jones berhasil naik 0.7% ditutup pada level tertinggi baru 23,328.6 didukung sentimen positif rencana reformasi pajak di Amerika. EIDO naik 0.4% hari Jumat diharapkan dapat menopang IHSG pada sesi pagi hari ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk pola inverted hammer hari Jumat lalu, mengindikasikan potensi terjadinya koreksi teknikal hari ini seiring masih tingginya tekanan jual investor. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
ADHI	2,160	Trading Buy	2,030	2,080	2,170	2,220
JPFA	1,400	Sell on Strength	1,235	1,340	1,430	1,555
PTBA	10,600	Buy on Weakness	9,225	10,050	11,725	11,850
WTON	635	Trading Buy	535	560	665	690

*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.Best Regards,

Daily Research 20 October 2017

 

S2	S1	IDX	R1	R2
5,825.1	5,854.5	5,910.5	5,967.1	6,000

• Dow Jones managed to book 5.4 point gain at 23,163 levels after opened 100 points lower yesterday.
• Regional market traded on negative territory this morning as investors lock profit before weekend.
• IDX closed lower near strong diagonal support line and recent low level at 5,882 as foreign investors keep selling bluechip stocks.
• We expect IDX to trade mixed with negative tendency today.

AKRA	Trading Buy
S2	S1	Level	R1	R2
6,850	7,050	7,350	7,525	7,700

AKRA closed the session higher after break above diagonal resistance with high enough volume indicating another upside potential.

HMSP	Sell on Strength
S2	S1	Level	R1	R2
3,660	3,760	3,820	3,950	4,090

HMSP was in the negative side followed by a bearish engulfing indicating a further downside potential.

INDF	Buy on Weakness
S2	S1	Level	R1	R2
7,725	7,950	8,150	8,325	8,575

INDF still carried on the weak turn with presences of several supports that could dampen the downturn.

TINS	Speculative Buy
S2	S1	Level	R1	R2
765	800	810	840	865

TINS ended the trading negatively near its short term horizontal support with a thin volume 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.

Kiwoom Trader 20 October 2017

Pasar Eropa mengalami koreksi teknikal namun Dow Jones berhasil ditutup naik 5.4 poin pada level 23,163 setelah turun lebih dari 100 poin pada sesi awal perdagangan kemarin. Bursa regional diperdagangkan cenderung menurun pagi ini dibayangi aksi profit taking menjelang akhir pekan. IHSG kembali turun mendekati diagonal support dan level terendah sebelumnya pada level 5,882 kemarin dipicu aksi jual investor asing atas saham berkapitalisasi pasar tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AKRA	7,350	Trading Buy	6,850	7,050	7,525	7,700
HMSP	3,820	Sell on Strength	3,660	3,760	3,950	4,090
INDF	8,150	Buy on Weakness	7,725	7,950	8,325	8,575
TINS	810	Speculative Buy	765	800	840	865

*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.Best Regards,

Daily Research 19 October 2017

 

S2	S1	IDX	R1	R2
5,863.9	5,901.9	5,929.2	5,967.1	6,000

• Dow Jones closed 160.2 point higher at fresh new high 23,157.6 levels backed by IBM share and positive sentiments over US earnings season.
• Regional market traded higher backed by positive sentiments from American and European markets.
• IDX closed lower near strong diagonal support line, triggered by large net sell position from foreign investors.
• Relatively high selling pressure may limit IDX’s technical rebound chance today thus we expect IDX to trade sideways today.

BBCA	Sell on strength
S2	S1	Level	R1	R2
18,875	19,650	20,200	20,800	21,600

BBCA edged lower with a long black candle formation in addition, a brea horizontal support would create a further down sign

JSMR	Sell on Strength
S2	S1	Level	R1	R2
5,525	5,850	6,100	6,300	6,500

JSMR moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

MNCN	Trading buy
S2	S1	Level	R1	R2
1,380	1,470	1,535	1,595	1,665

MNCN closed the session higher above its horizontal resistance with high enough volume indicating another upside potential.

TLKM	Buy on weakness
S2	S1	Level	R1	R2
4,000	4,140	4,300	4,400	4,520

TLKM closed the session lower with long black candle pattern near its diagonal support 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.

Kiwoom Trader 19 October 2017

Pasar Eropa dan Amerika diperdagangkan cukup positif kemarin. Dow Jones naik 160.2 poin ditutup pada level tertinggi baru 23,157.6 didukung sentimen positif kinerja keuangan IBM dan perusahaan Amerika lainnya. Bursa regional diperdagangkan positif pagi ini didukung sentimen positif Dow. IHSG mengalami koreksi dipicu aksi jual investor asing yang cukup banyak kemarin. Posisi penutupan IHSG dekat garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian tingginya minat jual investor asing berpotensi membatasi peluang penguatan. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
BBCA	20,200	Sell on Strength	18,875	19,650	20,800	21,600
JSMR	6,100	Sell on Strength	5,525	5,850	6,300	6,500
MNCN	1,535	Trading buy	1,380	1,470	1,595	1,665
TLKM	4,300	Buy on weakness	4,000	4,140	4,400	4,520

*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.Best Regards,

Daily Research 18 October 2017

 

S2	S1	IDX	R1	R2
5,863.9	5,914.3	5,947.3	5,967.1	6,000

• Dow Jones closed 40.5 point higher at fresh new high 22,997.4 levels backed by positive sentiments over US earnings season.
• Regional market traded sideways this morning due to lack of positive catalyst.\
• IDX’s candlestick formed “hanging man” pattern yesterday although the market pressured by large net sell position from foreign investors. As it formed at the top of a strong uptrend channel, it may send false signal.
• In all we expect IDX to trade sideways with negative tendency today.

ASII	Buy on weakness
S2	S1	Level	R1	R2
7,775	8,025	8,250	8,475	8,675

ASII was in the negative side but with a close near its horizontal support that could limit the downturn movement.

BMTR	Sell on Strength
S2	S1	Level	R1	R2
515	575	610	620	655

BMTR moved higher considerably but with a close near its resistance that could trim another positive movement.

ADHI	Sell on strength
S2	S1	Level	R1	R2
800	840	870	880	950

ERAA closed the session higher with declining volume suggesting a limited upside potential.

SCMA	Buy on weakness
S2	S1	Level	R1	R2
1,960	2,080	2,130	2,190	2,310

SCMA was on the weak s ide near its horizontal support that could possibly lead to a limited downside movement

* 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.