Daily Research 14 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,707.6 5,770.6 5,837.2
  • Dow Jones closed 92.8 point higher at fresh all-time high at 21,328.47 levels while EIDO closed 0.7% higher at 27.02 levels.
  • Regional bourses traded higher this morning backed by positive sentiments from Dow Jones. Global market expect another 25 basis point increase on the Fed Fund Rate as the Fed meets on 13-14 June.
  • IDX closed higher near strong diagonal resistance line but with relatively low trading volume.
  • We expect IDX to trade on positive territory today although further upside momentum may be limited by its strong diagonal resistance line.
ACES

Sell on Strength

S2 S1 Level R1 R2
935 970 1,020 1,055 1,100

ACES are relatively up but with a closer near its recent high in which could trim the upside turn.

AISA

Hold

S2 S1 Level R1 R2
1,510 1,660 1,715 1,910 2,050

AISA closed lower near its diagonal support. A break below S1 may trigger further price correction however a break above short term horizontal resistance line may trigger technical rebound.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,420 2,500 2,680 2,700 2,800

BBTN ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

INCO

Trading Buy

S2 S1 Level R1 R2
1,750 1,850 1,965 2,050 2,220

INCO managed a slight increase with supported by a high volume

* 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 June 2017

Dow Jones naik 92.8 poin ditutup pada level tertinggi baru pada level 21,328.47. EIDO naik 0.7% pada level 27.02. Pasar telah dapat menerima rencana kenaikan suku bunga Amerika dalam rapat FOMC 13-14 Juni. Bursa kawasan regional diperdagangkan naik pagi ini mengikuti sentimen Dow Jones. IHSG berhasil naik mendekati garis diagonal resisten kuat namun tidak didukung oleh volume perdagangan. Kami memperkirakan IHSG bergerak cenderung naik hari ini namun penguatan dibatasi oleh resisten yang berupa garis diagonal resisten kuat.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,020 Sell on Strength 935 970 1,055 1,100
AISA 1,715 Hold 1,510 1,660 1,910 2,050
BBTN 2,680 Sell on Strength 2,420 2,500 2,700 2,800
INCO 1,965 Trading Buy 1,750 1,850 2,050 2,220

*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,

Kiwoom Trader 08 June 2017

Dow Jones naik 0.18% ditutup pada level 21,173.7 menjelang kesaksian mantan Direktur FBI di hadapan Senat besok. Harga minyak dunia turun kada kisaran US$ 46 per barrel seiring kenaikan data cadangan minyak Amerika. Bursa kawasan regional diperdagangkan mixed pagi ini dibayangi oleh aksi peluncuran rudal Korea Utara. Candlestick IHSG membentuk pola shooting star pada garis diagonal support kuat. Penembusan ke bawah garis tersebut serta level terendah sebelumnya pada 5,693 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 975 Speculative Buy 925 955 1,025 1,055
BEST 324 Sell on Strength 298 312 334 351
ROTI 1,320 Trading Buy 1,215 1,280 1,375 1,440
TLKM 4,320 Buy on Weakness 4,170 4,250 4,420 4,500

*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 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,688.9 5,715.1 5,750
  • Dow Jones closed 0.4% higher at 20,981.9 levels backed by rebound in crude oil price and tech sector.
  • Regional bourses traded positive this morning backed by positive sentiments from Dow.
  • IDX’s candlestick formed morningstar pattern yesterday near strong diagonal resistance.
  • IDX has upside potential today to test its all-time high at 5,726 levels.
ACES

Speculative Buy

S2 S1 Level R1 R2
910 935 950 1,000 1,025

ACES closed the session negative near diagonal support with a thin volume that could dampen a further downside movement.

BBRI

Sell on Strength

S2 S1 Level R1 R2
13,500 14,000 14,300 14,500 15,000

BBRI closed the session higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

ISAT

Sell on Strength

S2 S1 Level R1 R2
7,000 7,125 7,350 7,500 7,700

ISAT in the positive side near diagonal resistance with a thin volume that could limit the upside turn.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,300 8,600 8,900 9,175 9,400

SMGR ended the trading p o si tively above its diagonal resistance with a high enough 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 16 May 2017

Dow Jones naik 0.4% ditutup pada level 20,981.9 didukung rebound-nya harga minyak dunia serta kenaikan saham sektor teknologi. Rusia dan Arab Saudi sepakat memperpanjang penurunan produksi minyak dunia hingga Maret 2018. Bursa regional pagi ini diperdagangkan positif mengikuti sentimen positif Dow. Candlestick IHSG membentuk pola morningstar kemarin, dekat garis diagonal support kuat. IHSG berpotensi kembali naik menguji level tertinggi sebelumnya pada 5,726.

Stock Closing Rec. S2 S1 R1 R2
ACES 950 Speculative Buy 910 935 1,000 1,025
BBRI 14,300 Sell on Strength 13,500 14,000 14,500 15,000
ISAT 7,350 Sell on Strength 7,000 7,125 7,500 7,700
SMGR 8,900 Trading Buy 8,300 8,600 9,175 9,400

*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 06 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,677.0 5,700 5,730
  • Dow Jones closed 0.2% lower at 20,648.1 levels after the release of Fed’s March FOMC meeting minutes. Negative sentiments from Dow Jones spread across
    Asian bourses this morning.
  • IDX booked another record high yesterday, however several upside gaps made IDX vulnerable to technical corrections.
  • We expect IDX to trade in negative territory today as investors tend to realize profits on blue chips stocks.
ACES

Sell on Strength

S2 S1 Level R1 R2
840 870 925 950 970

ACES closed the session higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

GIAA

Trading Buy

S2 S1 Level R1 R2
346 374 394 418 440

GIAA was in the positive side with a full white candle pattern with a high volume indicating another favorable potential.

ITMG

Sell on Strength

S2 S1 Level R1 R2
19,725 21,000 21,550 22,500 23,500

ITMG ended the trading negatively with a high volume after fail to break above its diagonal resistance and overbought RSI trend indicating a further downturn.

SSIA

Sell on Strength

S2 S1 Level R1 R2
655 695 735 745 800

SSIA ended positively the s e s sion supported by a high enough volume but closed near its horizontal resistance 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.

Kiwoom Trader 06 April 2017

Dow Jones turun 0.2% setelah sempat naik lebih dari 150 poin, ditutup pada level 20,648.1 setelah keluarnya notulen rapat FOMC bulan Maret lalu. The Fed akan memulai menurunkan neraca keuangan senilai US$ 4.5 Triliun pada akhir tahun ini yang berpotensi membuat The Fed lebih agresif menaikkan suku bunga. Bursa asia pagi ini diperdagangkan cenderung turun. Posisi penutupan EIDO yang turun sebesar 1.13% pada level 26.16 turut membayangi pergerakan IHSG hari ini. Kami memperkirakan IHSG bergerak negatif hari ini seiring aksi profit taking atas saham-saham bluechips.

Stock Closing Rec. S2 S1 R1 R2
ACES 925 Sell on Strength 840 870 950 970
GIAA 394 Trading Buy 346 374 418 440
ITMG 21,550 Sell on Strength 19,725 21,000 22,500 23,500
SSIA 735 Sell on Strength 655 695 745 800

*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,