Kiwoom Trader 21 Mei 2018

Bursa Eropa dan Amerika bergerak mixed cenderung menurun seiring kekuatiran hubungan perdagangan Amerika-China. Dow Jones hanya naik 1.1 poin pada level 24,715. Bursa regional diperdagangkan mendatar pagi ini. IHSG turun mendekati level terendah sebelumnya pada level 5,774 pada awal Mei seiring berlanjutnya aksi jual investor asing seiring depresiasi Rupiah pasca kenaikan BI7DRR. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring tingginya tekanan terhadap Rupiah akibat kenaikan yield obligasi Pemerintah Amerika yang menopang kenaikan US Dollar Index.

Stock Closing Rec. S2 S1 R1 R2
BBRI 2,940 Buy on Weakness 2,750 2,875 3,040 3,140
HRUM 2,850 Sell on Strength 2,590 2,740 2,940 3,070
KLBF 1,270 Hold 1,220 1,250 1,360 1,430
PTBA 3,690 Trading Buy 3,300 3,430 3,800 3,900
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Daily Research 18 Mei 2018

S2 S1 IDX R1 R2
5,699.3 5,774.7 5,815.9 5,919.2 5,994.6
  • Dow Jones closed 0.2% lower at 24,714 after US President doubt trade negotiation between US-China will be successful.
  • Increase on US Treasury bond yield, which rise above 3.1% level, triggers global concern on rising interest rates although regional market traded slightly positive this morning.
  • Increase on BI7DRR expected to support Rupiah while IDX’s candlestick formed dark cloud cover which indicate existence of selling pressure.
  • In all we expect IDX to trade mixed today as rebound potentials capped by continuation of capital outflow.
BBCA

Sell on Strength

S2 S1 Level R1 R2
21,080 21,750 22,000 22,450 22,975

BBCA ended the trading weaker with a bearish harami formation providing another downside sign.

DOID

Trading Buy

S2 S1 Level R1 R2
785 840 930 975 1,050

DOID closed the session higher after break above resistance line with higher volume indicating another upside potential.

MAPI

Sell on Strength

S2 S1 Level R1 R2
8,050 8,250 8,450 8,700 8,900

MAPI closed the session higher in diagonal resistance area with a thin volume that could limit the upswing.

WSKT

Buy on Weakness

S2 S1 Level R1 R2
1,875 2,030 2,140 2,210 2,350

WSKT was on an upside turn with the presence of resistance that could limit the positive opportunity.

Kiwoom Trader 18 Mei 2018

Bursa Eropa ditutup positif namun Dow Jones turun 0.2% pada level 24,714 seiring pernyataan Presiden Trump yang meragukan perundingan dagang Amerika-China. Kenaikan tingkat imbal hasil obligasi Pemerintah Amerika naik diatas level 3.1% membayangi pergerakan bursa regional pagi hari ini kendati diperdagangkan sedikit positif. Candlestick IHSG membentuk pola dark cloud yang mengindikasikan potensi koreksi hari ini. Kenaikan BI7DRR diharapkan dapat menopang kurs Rupiah. Kami memperkirakan IHSG bergerak mixed hari ini karena potensi rebound masih dibayangi capital outflow.

Stock Closing Rec. S2 S1 R1 R2
BBCA 22,000 Sell on Strength 21,080 21,750 22,450 22,975
DOID 930 Trading Buy 785 840 975 1,050
MAPI 8,450 Sell on Strength 8,050 8,250 8,700 8,900
WSKT 2,140 Sell on Strength 1,875 2,030 2,240 2,350

Daily Research 17 Mei 2018

S2 S1 IDX R1 R2
5,600.4 5,694.9 5,841.5 5,915.8 5,995.9
  • Dow Jones closed 0.25% higher at 24,769 backed by retail stocks.
  • Regional market traded mixed this morning.
  • IDX managed to close downside gap formed at the opening session yesterday. However potential rebound may be limited due to capital outflow which caused by concerns on rising treasury yield and Rupiah depreciation.
  • In all we expect IDX to trade mixed with positive tendency ahead of result of BI’s Board of Governor meeting result this afternoon as we expect the central bank to raise benchmark rate BI-7DRR by 25 basis points to 4.5%.
ADRO

Trading Buy

S2 S1 Level R1 R2
1,580 1,710 1,800 1,915 2,030

ADRO ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

BBRI

Trading Buy

S2 S1 Level R1 R2
2,800 2,900 3,070 3,140 3,260

BBRI closed the session higher with hammer pattern followed higher volume indicating another upside potential.

TLKM

Trading Buy

S2 S1 Level R1 R2
3,150 3,250 3,480 3,520 3,660

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

UNVR

Buy on Weakness

S2 S1 Level R1 R2
43,500 44,550 45,750 47,100 49,450

UNVR remain in the weak side during a few days in a row, A weak potential would carry on its recent low and support are broken down.

Kiwoom Trader 17 Mei 2018

Bursa Eropa bergerak mixed dengan Dow Jones naik 0.25% pada level 24,769 didukung kenaikan saham sektor retail. seiring kenaikan tinngkat imbal hasil obligasi Pemerintah Amerika yang berada pada level 3.06% pagi ini. Bursa regional diperdagangkan mixed pagi ini. IHSG berhasil menutup gap turun yang terjadi pada sesi pembukaan namun masih dibayangi aksi jual investor asing serta kenaikan tingkat imbal hasil obligasi Pemerintah serta depresiasi Rupiah. Kami memperkirakan IHSG bergerak mixed cenderung positif menjelang keputusan RDG sore ini dimana kami memperkirakan BI menaikkan tingkat bunga acuan BI-7DRR sebesar 25 basis poin menjadi 4.5%.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,800 Sell on Strength 1,580 1,710 1,915 2,030
BBRI 3,070 Trading Buy 2,800 2,900 3,140 3,260
TLKM 3,480 Trading Buy 3,150 3,250 3,520 3,660
UNVR 45,750 Buy on Weakness 43,500 44,550 47,100 49,450

Daily Research 16 Mei 2018

S2 S1 IDX R1 R2
5,699.3 5,774.7 5,838.1 6,070.7 6,183.4
  • Dow Jones closed 0.8% lower at 24,706 as US Treasury yield rise to 3.06% this morning.
  • Sentiment on rising global treasury yield cap positive momentum as regional market traded lower this morning.
  • IDX down to test recent low level at 5,774.
  • We expect IDX to trade lower on concerns of rising global interest rates while EIDO also closed 3.8% lower at 24.21, may add pressure to IDX at the opening.
INCO

Sell on Strenght

S2 S1 Level R1 R2
3,200 3,375 3,500 3,660 3,860

INCO was on an upside turn with presence of resistance that could limit the positive opportunity.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,515 1,560 1,610 1,650 1,700

JPFA closed the session higher near recent high with a thin volume that could limit the upswing.

SSMS

Trading Buy

S2 S1 Level R1 R2
950 1,000 1,115 1,160 1,250

SSMS closed the trading higher with a strong volume after on a weak trend in the last several days creating a technical rebound.

UNTR

Trading Buy

S2 S1 Level R1 R2
31,650 33,625 34,700 35,800 37,900

UNTR closed the session lower with bearish engulfing pattern indicating a further downturn.

Kiwoom Trader 16 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones turun 0.8% pada level 24,706 seiring kenaikan tinngkat imbal hasil obligasi Pemerintah Amerika yang berada pada level 3.06% pagi ini. Sentimen kenaikan tingkat bunga tersebut membayangi pergerakan bursa regional pagi ini yang bergerak cenderung menurun. IHSG turun menguji level terendah sebelumnya pada 5,774. Kami memperkirakan IHSG turun hari ini dipicu sentimen kenaikan bunga global serta penurunan EIDO sebesar 3.8% pada level 24.21.

Stock Closing Rec. S2 S1 R1 R2
INCO 3,500 Sell on Strength 3,200 3,375 3,660 3,860
JPFA 1,610 Sell on Strength 1,515 1,560 1,650 1,700
SSMS 1,115 Trading Buy 950 1,000 1,160 1,250
UNTR 34,700 Sell on Strength 31,650 33,625 35,800 37,900