Daily Research 22 Mei 2018

S2	S1	IDX	R1	R2
5,597.7	5,674.0	5,733.9	5,835.0	5,919.2

• Dow Jones gained 1.2% at 25,013 after US Treasury Secretary said that trade war was “on hold” following an agreement with China to suspend tariff threats.
• Regional market traded mixed with lower tendency this morning.
• IDX traded down below recent low as foreign seller continues.
• We expect IDX to trade mixed with lower tendency as investor concerns on currency depreciation and rising Indonesia treasury yields.

AALI	Sell on Strength
S2	S1	Level	R1	R2
11,900	12,500	13,025	13,325	13,975

AALI edged higher but with a position its rather strong horizontal resistance possibly trimming a further upside potential.

INCO	Sell on Strength
S2	S1	Level	R1	R2
3,430	3,610	3,810	3,860	4,000

INCO still continue trading higher but closed near horizontal resistance and overbought RSI trend that could limit the upswing.

LSIP	Hold
S2	S1	Level	R1	R2
1,095	1,150	1,225	1,260	1,310

LSIP has a chance to continue rally after ended trading with high volume. The rally will valid if LSIP break above recent high level (R1).

	Sell on Strength
S2	S1	Level	R1	R2
1,800	1,875	1,935	2,010	2,110

PGAS was in the negative territory with a dark cloud cover pattern near its horizontal support. A break on this support would once again create a downside potential.

Kiwoom Trader 22 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones berhasil naik 1.2% pada level 25,013 setelah Menteri Keuangan Amerika mengungkapkan kesepakatan dengan Pemerintah China untuk menghentikan sementara saling menggertak terkait kebijakan perdagangan antara kedua negara. Bursa regional diperdagangkan mixed cenderung menurun pagi ini. IHSG turun dibawah level terendah sebelumnya pada awal Mei seiring berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif dibayangi depresiasi Rupiah serta kecenderungan kenaikan yield obligasi Pemerintah Indonesia.

Stock	Closing	Rec.	S2	S1	R1	R2
AALI	13,025	Sell on Strength	11,900	12,500	13,325	13,975
INCO	3,810	Sell on Strength	3,430	3,610	3,860	4,000
LSIP	1,225	Hold	1,095	1,150	1,260	1,310
PGAS	1,935	Sell on Strength	1,800	1,875	2,010	2,110

Kiwoom Trader 12 March 2018

Bursa Eropa diperdagangkan mixed akhir pekan lalu. Bursa Amerika diperdagangkan naik setelah keluarnya data tenaga kerja yang lebih baik dari perkiraan dengan Dow Jones naik 1.8% pada level 25,335. Data tenaga kerja turut memicu kenaikan tingkat imbal hasil (yield) obligasi Amerika serta US Dollar Index, seiring potensi kenaikan suku bunga the Fed dalam rapat FOMC 20-21 Maret. Bursa regional diperdagangkan positif pagi ini. Candlestick IHSG membentuk pola hanging man hari Jumat mengindikasikan potensi koreksi lanjutan hari ini seiring masih berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini mengikuti rebound bursa regional.

Stock	Closing	Rec.	S2	S1	R1	R2
AALI	14,300	Sell on Strength	13,600	14,000	14,600	15,025
BMTR	620	Trading Buy	550	580	630	655
PTBA	2,890	Trading Buy	2,520	2,690	3,050	3,240
UNVR	50,550	Buy on Weakness	47,075	49,150	51,500	52,975

Daily Research 12 March 2018

S2	S1	IDX	R1	R2
6,277.2	6,353.7	6,443.3	6,508.1	6,594.4

• European market traded mixed last Friday while Dow Jones climbed 1.8% at 25,335 backed by strong US labor data. Regional market traded positive this morning.
• Recovery in US labor market triggered increase in US Government bond yield and US Dollar Index, as investors braced for potential rate increase on 20-21 March FOMC meeting.
• IDX candlestick formed hanging man last Friday which may lead to another weak session today as foreign investors keep selling Indonesian equities.
• We expect IDX to trade mixed with positive tendency as regional market rebounds.

AALI	Sell on Strength
S2	S1	Level	R1	R2
13,600	14,000	14,300	14,600	15,025

AALI closed the session lower with a bearish engulfing formation suggesting a further downturn.

BMTR	Trading Buy
S2	S1	Level	R1	R2
550	580	620	630	655

BMTR closed the session higher with long white candle and followed by high enough volume indicating another upside potential.

PTBA	Trading Buy
S2	S1	Level	R1	R2
2,520	2,690	2,890	3,050	3,240

PTBA closed the trading higher with a strong volume after on a weak trend in the last 5 days creating a technical rebound.

UNVR	Buy on Weakness
S2	S1	Level	R1	R2
47,075	49,150	50,550	51,500	52,975

UNVR still carried on the weak turn with presence of several supports that could dampen the downturn

Kiwoom Trader 02 March 2018

Bursa Eropa dan Amerika ditutup negatif dengan Dow Jones turun 1.7% pada level 24,609 setelah Presiden Amerika mengumumkan kebijakan tarif baru dengan tarif impor baja dan aluminium baru yang akan diumumkan minggu depan. Investor global membutuhkan waktu mencerna kebijakan tarif Amerika yang baru. Bursa regional diperdagangkan menurun dengan Nikkei 224 turun 2.2% pagi ini. Candlestick IHSG membentuk pola inverted hammer kemarin. Diperdagangkan dekat dengan garis diagonal support jangka pendek, IHSG rentan mengalami koreksi teknikal. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AALI	15,025	Trading Buy	14,000	14,250	15,275	15,500
BKSL	228	Trading Buy	200	210	240	255
LSIP	1,485	Trading Buy	1,340	1,375	1,525	1,560
PGAS	35,600	Sell on Strength	2,360	2,530	2,720	2,860

 

Daily Research 02 March 2018

S2	S1	IDX	R1	R2
6,482.1	6,545.0	6,606.1	6,689.3	6,750.0

• Dow Jones closed 1.7% lower at 24,609 after US President announce new tariff policies with steel and aluminum import new tariff scheduled to be announced next week.
• Regional market traded negative with Nikkei 225 lead with 2.2% decline this morning. Global investor need time to digest and assess US new tariff scheme (protectionism).
• IDX’s candlestick formed inverted hammer yesterday near short term diagonal support line, vulnerable to technical correction
• We expect IDX trade lower today

AALI	Trading Buy
S2	S1	Level	R1	R2
14,000	14,250	15,025	15,275	15,500

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

BKSL	Trading Buy
S2	S1	Level	R1	R2
200	210	228	240	255

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

LSIP	Trading Buy
S2	S1	Level	R1	R2
1,340	1,375	1,485	1,525	1,560

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

PGAS	Trading Buy
S2	S1	Level	R1	R2
2,360	2,530	2,610	2,720	2,86

PGAS closed the session lower with a dark cloud cover formation suggesting a further downturn.

Daily Research 04 December 2017

S2	S1	IDX	R1	R2
5,886.4	5,927.9	5,952.1	6,031.5	6,081.4

• US and European stock indices ended lower on the weekend.
• Former President Trump’s security adviser Michael Flynn will testify that he was once directed to establish relations with Russia.
• Nikkei 225 index opened lower this morning, Kospi and All Ordinaries higher.
• Although there is a chance of IDX rebound after a sharp decline, but be wary of negative global sentiment. Support 5,895 and resistance 6,015.

AALI	Sell on Strength
S2	S1	Level	R1	R2
13,500	13,700	13,850	14,150	14,500

AALI closed below its recent low. AALI’s price pattern also showed a break to its short term diagonal support line which ends its short term uptrend channel. ASII may trade lower to test its support levels.

ASII	Sell on Strength
S2	S1	Level	R1	R2
7,625	7,825	7,975	8,300	8,800

ASII was on the weak side followed by a long black candle indicating a still weak potential.

GGRM	Sell on Strength
S2	S1	Level	R1	R2
74,000	75,700	76,525	79,800	81,300

GGRM ended the trading negatively after break below horizontal support with higher volume indicating a further downturn.

KLBF	Sell on Strength
S2	S1	Level	R1	R2
860	925	1,025	1,045	1,095

KLBF moved lower during the last several days but with presences of its horizontal support that could limit the weak turn.

* 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.

Daily Research 14 September 2017

 

S2	S1	IDX	R1	R2
5,749.3	5,809.3	5,845.7	5,914.0	5,950

• Dow Jones closed 39.3 point higher at fresh new high at 22,158.2 levels led by energy sector.
• Regional market traded mixed this morning cannot send some positive momentum for IDX while foreign investors keep selling Indonesian equities.
• IDX closed lower near strong diagonal support line. A break below recent low 5,813 may trigger further downside risks.
• We expect IDX to trade lower today.

AALI	Trading Buy
S2	S1	Level	R1	R2
14,575	14,900	15,300	15,600	16,150

AALI moved in the positive side with a bullish engulfing pattern and also a break on its diagonal resistance suggesting a further upside opportunity.

ADRO	Sell on Strength
S2	S1	Level	R1	R2
1,600	1,665	1,715	1,895	1,955

ADRO ended the trading negatively and break below diagonal support with high enough volume indicating a further downturn.

ELSA	Trading Buy
S2	S1	Level	R1	R2
227	256	284	308	336

ELSA edged up with a formation of a bullish engulfing in which suggesting another positive movement.

LSIP	Trading Buy
S2	S1	Level	R1	R2
1,330	1,365	1,435	1,460	1,490

LSIP closed the session higher with bullish engulfing pattern and followed by 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.

Kiwoom Trader 14 September 2017

Bursa Eropa dan Amerika diperdagangkan mixed namun Dow Jones berhasil ditutup naik 39.3 poin pada level tertinggi baru 22,158.2 didukung emiten sektor energi. Bursa regional diperdagangkan mixed pagi ini belum dapat memberi dukungan terhadap IHSG ditengah masih berlanjutnya aksi jual investor asing. IHSG turun mendekati garis diagonal support kuat. Penembusan ke bawah level terendah sebelumnya pada 5,813 berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AALI	15,300	Trading Buy	14,575	14,900	15,600	16,150
ADRO	1,715	Sell on Strength	1,600	1,665	1,895	1,955
ELSA	284	Trading Buy	227	256	308	336
LSIP	1,435	Trading Buy	1,330	1,365	1,460	1,490

*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 23 August 2017

 

S2	S1	IDX	R1	R2
5,749.4	5,806.7	5,880.3	5,950	6,000

• European and US market traded positive yesterday, could send some positive to IDX this morning. Dow Jones gained 0.9% closed at 21,899.9 level while EIDO up by 0.55% at 27.23 levels.
• Regional bourses traded positive this morning which also backed by stronger metal prices.
• BI’s Board of Governor decided to lower benchmark rate, BI 7 Day Repo Rate, by 25 basis points may support IDX’s positive momentum to test recent high
  levels at 5,910.
• We expect IDX to trade in positive territory today.

AALI	Trading Buy
S2	S1	Level	R1	R2
14,150	14,675	15,225	15,600	16,150

AALI managed an upside turn with a long white candle pattern and a high enough volume suggesting another favorable potential.

DOID	Sell on Strength
S2	S1	Level	R1	R2
815	915	1,025	1,095	1,170

DOID closed the session higher with a thin volume and overbought RSI trend that could limit the upswing.

EXCL	Sell on Strength
S2	S1	Level	R1	R2
3,130	3,340	3,420	3,600	3,780

EXCL edged higher with a high enough volume but with the presences of several resistances that could limit the upswing.

INCO	Sell on Strength
S2	S1	Level	R1	R2
2,580	2,740	2,990	3,060	3,240

INCO ended the trading positively with a thin volume and open gap up with an overbought RSI trend that could limit the 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.