Daily Research 23 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,929.5 5,967.1 6,000
  • Dow Jones closed 0.7% higher at 23,328.6 levels backed by positive sentiments on US tax reform.
  • EIDO closed 0.4% higher last Friday expected to support IDX on morning session today.
  • Regional market traded quite positive this morning.
  • IDX’s candlestick formed inverted hammer pattern last Friday which indicates continuation of selling pressure as investors tend to lock profits.
  • In all we expect IDX to trade mixed today.
ADHI

Trading Buy

S2 S1 Level R1 R2
2,030 2,080 2,160 2,170 2,220

ADHI closed the session higher after break above its short term horizontal resistance with high enough volume indicating another upside potential.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,235 1,340 1,400 1,430 1,555

JPFA moved up rather considerably followed by a high volume but with the presence of its strong horizontal resistance suggesting a limited positive opportunity.

PTBA

Buy on Weakness

S2 S1 Level R1 R2
9,225 10,050 10,600 11,725 11,850

PTBA took a weak movement followed by a long black candle pattern signaling another downside potential.

WTON

Trading Buy

S2 S1 Level R1 R2
535 560 635 665 690

WTON ended the trading positively after break above long term diagonal resistance 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 23 October 2017


 

Pasar Eropa diperdagangkan cenderung mendatar akhir pekan lalu namun Dow Jones berhasil naik 0.7% ditutup pada level tertinggi baru 23,328.6 didukung sentimen positif rencana reformasi pajak di Amerika. EIDO naik 0.4% hari Jumat diharapkan dapat menopang IHSG pada sesi pagi hari ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk pola inverted hammer hari Jumat lalu, mengindikasikan potensi terjadinya koreksi teknikal hari ini seiring masih tingginya tekanan jual investor. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,160 Trading Buy 2,030 2,080 2,170 2,220
JPFA 1,400 Sell on Strength 1,235 1,340 1,430 1,555
PTBA 10,600 Buy on Weakness 9,225 10,050 11,725 11,850
WTON 635 Trading Buy 535 560 665 690

*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 18 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,914.3 5,947.3 5,967.1 6,000
  • Dow Jones closed 40.5 point higher at fresh new high 22,997.4 levels backed by positive sentiments over US earnings season.
  • Regional market traded sideways this morning due to lack of positive catalyst.\
  • IDX’s candlestick formed “hanging man” pattern yesterday although the market pressured by large net sell position from foreign investors. As it formed at the top of a strong uptrend channel, it may send false signal.
  • In all we expect IDX to trade sideways with negative tendency today.
ASII

Buy on weakness

S2 S1 Level R1 R2
7,775 8,025 8,250 8,475 8,675

ASII was in the negative side but with a close near its horizontal support that could limit the downturn movement.

BMTR

Sell on Strength

S2 S1 Level R1 R2
515 575 610 620 655

BMTR moved higher considerably but with a close near its resistance that could trim another positive movement.

ADHI

Sell on strength

S2 S1 Level R1 R2
800 840 870 880 950

ERAA closed the session higher with declining volume suggesting a limited upside potential.

SCMA

Buy on weakness

S2 S1 Level R1 R2
1,960 2,080 2,130 2,190 2,310

SCMA was on the weak s ide near its horizontal support that could possibly lead to a limited 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.

Daily Research 17 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,914.3 5,949.7 5,967.1 6,000
  • Dow Jones closed 0.37% higher at fresh new high 22,956.96 levels backed by positive sentiments of US earnings season.
  • Regional market traded positive this morning, may send some positive sentiments for IDX today.
  • IDX traded higher yesterday and closed near recent high at 5,951 levels backed by selective buy from foreign investors. A break above the line may trigger
    further upside momentum.
  • In all we expect IDX to trade positive today.
CPIN

Sell on Strength

S2 S1 Level R1 R2
2,960 3,090 3,210 3,310 3,530

CPIN was on an upside turn with presences of resistance that could limit the positive opportunity.

ITMG

Sell on Strength

S2 S1 Level R1 R2
19,725 20,675 21,400 21,600 22,200

ITMG closed the session positively but not followed volume and close near its recent high that could limit this upswing

ADHI

Trading buy

S2 S1 Level R1 R2
9,000 9,200 9,650 10,325 11,375

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

PWON

Sell on strength

S2 S1 Level R1 R2
580 610 635 640 665

PWON moved up with a h ig h volume but near its horizontal resisatnce that could dampen this current upside 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 06 October 2017


Pasar Eropa diperdagangkan mixed namun Dow Jones berhasil naik 0.5% ditutup pada level tertinggi baru 22,775.4 menjelang data tenagakerja yang akan dirilis hari ini. EIDO naik 0.11% ditutup pada level 26.82 diharapkan dapat menopang IHSG pada sesi pagi hari ini. Bursa regional diperdagangkan cenderung positif pagi ini. IHSG menutup open gap yang terjadi sejak level 5,900. Kami memperkirakan IHSG bergerak mixed hari ini dimana pergerakan IHSG masih dibayang aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
ADHI 1,980 Buy on Weakness 1,830 1,935 2,050 2,120
HMSP 3,880 Sell on Strength 3,680 3,780 3,950 4,090
ICBP 8,675 Sell on Strength 8,100 8,475 8,900 9,100
PTPP 2,700 Sell on Strength 2,480 2,620 2,800 2,980

*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 22 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,906.6 5,914.0 5,950
  • European and American market traded sideways during Indonesian public holiday yesterday. Dow Jones closed 0.24% lower at 22,359.2 level after FOMC meeting decided to leave interest rate unchanged.
  • Regional market traded sideways this morning.
  • IDX closed higher near all-time high 5,915 level backed by market mover stocks.
  • In all we expect IDX to trade mixed today as foreign investors keep selling Indonesian equities.
ADHI

Buy on Weakness

S2 S1 Level R1 R2
1,935 1,995 2,040 2,110 2,220

ADHI ended the session down near its horizontal support with a low volume indicating a limited downside potential.

BWPT

Trading Buy

S2 S1 Level R1 R2
234 254 288 304 330

BWPT closed the session higher with long white candle pattern and high enough volume indicating another upside potential.

ELSA

Trading Buy

S2 S1 Level R1 R2
228 268 314 342 378

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

ERAA

Sell on Strength

S2 S1 Level R1 R2
700 760 800 830 900

ERAA was in the negative side with a bearish engulfing formation indicating another 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.

Kiwoom Trader 22 September 2017


Bursa Eropa dan Amerika bergerak mendatar selama pasar Indonesia libur hari Kamis. Sesuai ekspektasi pasar the Fed tidak mengubah kebijakan suku bunga dalam rapat FOMP yang ditutup hari Rabu lalu, serta mengindikasikan kenaikan Fed Fund Rate bulan Desember mendatang. Dow Jones turun 0.24% ditutup pada level 22,359.2. Bursa regional diperdagangkan mendatar pagi ini. IHSG naik mendekati level tertinggi 5,915 didukung saham-saham berkapitalisasi pasar tinggi. Namun demikian aksi jual investor asing masih membayangi pergerakan IHSG akhir pekan ini. Secara keseluruhan kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,040 Buy on Weakness 1,935 1,995 2,110 2,220
BWPT 288 Trading Buy 234 254 304 330
ELSA 314 Trading Buy 228 268 342 378
ERAA 800 Sell on Strength 700 760 830 900

*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,