Daily Research 09 October 2017

 

S2 S1 IDX R1 R2
5,855.1 5,884.6   5,905.4 5,939.5 5,970
  • Dow Jones closed 1.7 point lower at 22,773.7 levels.
  • Crude oil price dropped 3% closed at US$ 49.3 per barrel last Friday as US Dollar index increased, which also depreciate Rupiah to around IDR 13,500 per US$ this
    morning.
  • EIDO closed 1.2% lower last Friday at 26.51 levels, which could send some negative sentiments for IDX this morning.
  • IDX’s candlestick formed bullish harami pattern which also closed on its strong diagonal support line, thus creates an opportunity for technical rebound today.
  • However we expect IDX to trade mixed today as foreign investors still booked strong net outflows last week.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,160 1,220 1,290 1,300 1,350

ACES closed the session higher with long white candle pattern without supported by volume and overbought RSI trend that could limit the upswing.

RALS

Trading Buy

S2 S1 Level R1 R2
800 895 965 1,045 1,100

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

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,950 10,375 10,700 10,975 11,500

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

UNVR

Buy on Weakness

S2 S1 Level R1 R2
48,100 48,975 49,975 51,000 52,000

UNVR ended the trading negatively near its long term diagonal 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.

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Kiwoom Trader 09 October 2017


Pasar Eropa dan Amerika bergerak mixed akhir pekan lalu. Dow Jones turun 1.7 poin ditutup pada level 22,773.7. Harga minyak dunia turun hampir 3% ditutup pada level US$ 49.3 per barrel hari Jumat dipicu kenaikan US Dollar index yang turut menekan Rupiah menjadi kisaran Rp 13,500 per US$ pagi hari ini. EIDO turun 1.2% hari Jumat pada level 26.51 berpotensi menekan perdagangan IHSG pada sesi pembukaan hari ini. Candlestick IHSG terlihat membentuk pola bullish harami ditutup pada garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian masih berlanjutnya aksi jual investor asing dapat membatasi potensi penguatan sehingga kami memperkirakan IHSG bergerak pada kisaran mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,290 Sell on Strength 1,160 1,220 1,300 1,350
RALS 965 Trading Buy 800 895 1,045 1,100
SMGR 10,700 Sell on Strength 9,950 10,375 10,975 11,500
UNVR 49,975 Buy on Weakness 48,100 48,975 51,000 52,000

*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,

Daily Research 27 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,864.0 5,914.0 5,950
  • European and American market traded sideways with Dow closed just 11.8 points lower at 22,284.3 level yesterday.
  • Regional market traded sideways this morning as investors less concern about North Korea issues.
  • IDX closed lower near strong diagonal support line. A break below the line and recent low at 5,845 may trigger further downside risks.
  • In all we expect IDX to trade mixed today as investors get prepared for window dressing later this week.
ACES

Trading Buy

S2 S1 Level R1 R2
1,060 1,115 1,220 1,250 1,290

ACES closed the session higher with long white candle after break above horizontal resistance and high enough volume indicating another upside potential.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,075 1,145 1,290 1,320 1,385

JPFA ended the trading positively with long white candle and higher volume indicating another upside potential.

UNTR

Trading Buy

S2 S1 Level R1 R2
28,900 30,000 31,000 32,200 33,000

UNTR managed a rebound followed by an increasing volume indicating a further positive opportunity.

WIKA

Buy on Weakness

S2 S1 Level R1 R2
1,700 1,795 1,820 1,905 1,995

WIKA remained in the weak side during a few days in a row. A weak potential carry on if its recent low and support are broken down.

* 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 27 September 2017


Bursa Eropa dan Amerika bergerak mendatar dengan Dow turun 11.8 poin ditutup pada level 22,284.3 kemarin. Bursa regional diperdagangkan mendatar pagi ini seiring meredanya kekuatiran yang dipicu aksi Korea Utara. IHSG turun mendekati garis diagonal support kuat. Penembusan ke bawah level terendah sebelumnya pada 5,845 berpotensi memicu koreksi. Kami memperkirakan IHSG bergerak mixed hari ini seiring kecenderungan pasar mengantisipasi window dressing akhir September.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,220 Trading Buy 1,060 1,115 1,250 1,290
JPFA 1,290 Trading Buy 1,075 1,145 1,320 1,385
UNTR 31,000 Trading Buy 28,900 30,000 32,200 33,000
WIKA 1,820 Buy on Weakness 1,700 1,795 1,905 1,995

*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 05 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,813.7 5,914.0 5,950
  • European market traded lower due to rising geopolitical tensions triggered by North Korean nuclear test last Sunday. US market closed on Labor Day.
  • Regional market traded sideways this morning, cannot send some positive sentiments for IDX.
  • Net capital outflow on the market pushed IDX lower yesterday to test again its support levels.
  • We expect IDX to trade mixed with lower tendency today.
ACES

Sell on Strength

S2 S1 Level R1 R2
970 1,020 1,055 1,090 1,155

ACES ended the trading weaker with a bearish engulfing formation providing another downside sign.

INTP

Buy on Weakness

S2 S1 Level R1 R2
17,225 18,125 18,900 19,300 19,850

INTP closed the session lower with long black candle pattern near its horizontal support suggesting a limited downside potential.

PGAS

Speculative Buy

S2 S1 Level R1 R2
1,900 1,950 1,985 2,150 2,210

PGAS closed the session lower with a high volume but closed in diagonal support area and oversold RSI trend that could that could dampen a further downside movement.

PTBA

Speculative Buy

S2 S1 Level R1 R2
10,375 11,225 11,700 12,500 13,200

PTBA ended the trading negatively in its diagonal support without volume and oversold RSI trend that could dampen a further 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.

Kiwoom Trader 05 September 2017


 Bursa Eropa diperdagangkan negatif kemarin seiring kembali naiknya risiko geopolitik atas rangkaian tes nuklir yang dilakukan Korea Utara. Bursa Amerika tutup memperingati hari buruh. Bursa kawasan regional diperdagangkan mendatar pagi ini belum dapat memberi sentimen positif terhadap IHSG. Aksi jual investor asing yang cukup tinggi turut menekan IHSG kemarin untuk kembali menguji level-level supportnya. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,055 Sell on Strength 970 1,020 1,090 1,155
INTP 18,900 Buy on Weakness 17,225 18,125 19,300 19,850
PGAS 1,985 Speculative Buy 1,900 1,950 2,150 2,210
PTBA 11,700 Speculative Buy 10,375 11,225 12,500 13,200

*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 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.