Daily Research 17 January 2018

S2 S1 IDX R1 R2
6,279.5 6,341.3 6,429.7 6,445.9 6,500.0
  • Dow Jones closed 10.3 point lower after intraday rally of more than 250 points as investors worried of Government shutdown as Congress needs to pass a spending bill this Friday.
  • Regional market traded negative this morning following volatile US sessions.
  • IDX closed positive yesterday, after traded sideways for several trading days, as it booked another record high levels.
  • We expect IDX to trade in negative territory today as investors tend to lock profits while negative sentiments from regional markets may also affect sentiments.
BWPT

Trading Buy

S2 S1 Level R1 R2
187 200 232 240 254

BWPT closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

HRUM

Sell on Strength

S2 S1 Level R1 R2
2,310 2,450 2,540 2,630 2,800

HRUM was still in the positive side but with a close near its horizontal resistance that could limit the upside movement.

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,400 2,560 2,650 2,670 2,800

WSKT still managed a thin upside but a close near its recent high in which suggesting potential correction.

WTON

Trading Buy

S2 S1 Level R1 R2
505 540 580 595 625

WTON closed the session higher with long white candle pattern after break above resistance line 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.

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Kiwoom Trader 17 January 2018


Sebagian besar pasar Eropa diperdagangkan positif. Dow Jones turun 10.3 poin setelah rally lebih dari 250 poin kemarin, ditutup pada level 25,792.9 seiring kekuatiran pasar atas kemungkinan terjadinya “shutdown” karena belum disepakatinya anggaran belanja Pemerintah Amerika. Bursa kawasan regional dibuka cenderung menurun pagi ini. IHSG diperdagangkan positif kemarin, setelah mendatar dalam beberapa hari perdagangan sebelumnya, ditutup pada level tertinggi baru. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dibayangi aksi profit taking investor serta sentimen negatif dari bursa regional.

Stock Closing Rec. S2 S1 R1 R2
BWPT 232 Trading Buy 187 200 240 254
HRUM 2,540 Trading Buy 2,310 2,450 2,630 2,800
WSKT 2,650 Sell on Strength 2,400 2,560 2,670 2,800
WTON 580 Trading Buy 505 540 580 625

*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 16 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,382.2 6,445.9 6,500.0
  • European market traded lower on profit taking while Dow Jones closed on Martin Luther King Day.
  • Regional market traded lower this morning due to lack of positive catalyst.
  • Rupiah appreciation and relatively high energy prices expected to support positive sentiment for IDX which closed near its recent high.
  • We expect IDX to trade mixed with lower tendency as investor tend to realize profits.
ADHI

Trading Buy

S2 S1 Level R1 R2
1,960 2,040 2,120 2,200 2,290

ADHI closed the session above recent high with increasing trading volume indicating another upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,950 3,110 3,220 3,290 3,400

INCO closed the session higher near its resistance with a thin volume and overbought RSI trend that could limit the upswing.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,110 1,175 1,300 1,330 1,370

RALS closed the session higher near its resistance with a thin volume and overbought RSI trend that could limit the upswing.

TLKM

Buy on Weakness

S2 S1 Level R1 R2
3,910 4,060 4,120 4,200 4,320

TLKM still carried on the downturn but with the presence of its horizontal support that could slow the downturn.

* 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 16 January 2018


Pasar Eropa diperdagangkan menurun seiring aksi profit taking investor. Pasar Amerika tutup dalam peringatan Martin Luther King Day. Bursa kawasan regional dibuka cenderung menurun pagi ini seiring sepinya sentimen penggerak pasar. Apresiasi Rupiah serta relatif bertahannya harga komoditas energi diharapkan dapat memberi sentimen positif terhadap IHSG yang masih bertahan dekat dengan level tertinggi sebelumnya. Kami memperkirakan IHSG bergerak mixed cenderung menurun pagi ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,120 Trading Buy 1,960 2,040 2,200 2,290
INCO 3,220 Sell on Strength 2,950 3,110 3,290 3,400
RALS 1,300 Sell on Strength 1,110 1,175 1,330 1,370
TLKM 4,120 Buy on Weakness 3,910 4,060 4,200 4,320

*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 15 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,370.1 6,445.9 6,500.0
  • Dow Jones closed 0.9% higher last Friday at fresh new high 25,803.2 levels backed by positive sentiments on US earning season.
  • Regional market opened in positive territory this morning.
  • US Dollar Index dropped below 91 trigger Rupiah appreciation and support commodity prices.
  • With stronger Rupiah, which traded at IDR 13,350 per US$ this morning, and relatively high commodity prices we expect IDX to trade mixed with positive
    tendency today
ISAT

Sell on Strength

S2 S1 Level R1 R2
5,400 5,750 6,000 6,400 6,700

ISAT ended the trading negatively with higher volume and overbought RSI trend indicating a further downturn.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,600 1,645 1,695 1,750 1,800

KLBF still carried on the weak trend with a bearish engulfing but with the presence of its horizontal support that could expectedly limit another downside movement.

MEDC

Sell on Strength

S2 S1 Level R1 R2
965 1,025 1,095 1,125 1,180

MEDC closed the session higher in diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

TINS

Trading Buy

S2 S1 Level R1 R2
780 840 885 940 1,000

TINS ended the session higher with a long white candle pattern and a high enough volume indicating a further 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.

Kiwoom Trader 15 January 2018


Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu. Dow Jones naik 0.9% ditutup pada level tertinggi baru 25,803.2 seiring mulai dirilisnya kinerja keuangan FY2017. Bursa regional diperdagangkan positif pagi ini. US Dollar Index kembali turun ke bawah level 91 memicu apresiasi Rupiah serta menopang harga komoditas. Rupiah diperdagangkan pada kisaran Rp 13,350 per US$ pagi ini dengan harga minyak diatas US$ 64 per barrel. Dengan dukungan apresiasi Rupiah serta relatif tingginya harga komoditas, kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ISAT 6,000 Sell on Strength 5,400 5,750 6,400 6,700
KLBF 1,695 Buy on Weakness 1,600 1,645 1,750 1,800
MEDC 1,095 Sell on Strength 965 1,025 1,125 1,180
TINS 885 Trading Buy 780 840 940 1,000

*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,

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,386.3 6,445.9 6,500.0
  • Dow Jones naik 0.8% ditutup pada level tertinggi baru 25,574.7 didukung saham  Boeing. Bursa regional masih diliputi sentimen profit taking sehingga diperdagangkan mendatar pagi ini.
  • US Dollar Index cenderung melemah dibawah level 92, diharapkan dapat menopang harga komoditas serta apresiasi kurs Rupiah hari ini.
  • Candlestick IHSG membentuk pola hammer kemarin dengan IHSG membukukan level tertinggi baru 6,386.
  • Kami memperkirakan IHSG bergerak cenderung mendatar menjelang akhir pekan ini.
ADRO                                                                                        Sell on Strength
S2 S1 Level R1 R2
1,920 2,000 2,180 2,240 2,300

ADRO menutup perdagangan negatif setelah gagal menembus garis diagonal resistance dan RSI masih di area overbought sehingga diperkirakan akan melanjutkan perlemahan.

SMRA                                                                                             Sell on Strength
S2 S1 Level R1 R2
860 945 1,000 1,035 1,100

SMRA bergerak negatif dengan membuat pola bearish engufing sehingga diperkirakan pelemahan masih akan berlanjut.

 

UNTR                                                                                   Sell on Strength
S2 S1 Level R1 R2
33,075 35,400 36,850 37,500 38,400

UNTR bergerak di area negatif setelah gagal menembus level tertinggi sebelumnya sehingga diperkirakan pelemahan masih akan berlanjut.

WSKT                                                                                      Sell on Strength
S2 S1 Level R1 R2
2,330 2,420 2,560 2,670 2,750

WSKT ditutup menguat di area diagonal resistance tanpa didukung volume dan RSI berada di area overbought sehingga diperkirakan dapat membatasi penguatan lanjutan.