Daily Research 15 March 2018

S2 S1 IDX R1 R2
6,167.7 6,279.5 6,382.6 6,507.2 6,597.1
  • Dow Jones closed 1% lower at 24,758 as Boeing shares drop due to concerns of new US tariff war against China.
  • Regional market traded negative this morning.
  • IDX traded down and closed near its recent low at 6,368 levels. A break below that level may trigger further correction.
  • We expect IDX to trade lower today due to uncertainty in global market triggered by US new tariff policy.
AISA

Speculative Buy

S2 S1 Level R1 R2
525 590 645 745 800

AISA edged higher with the break on its horizontal resistance and high volume after downturn suggesting a further up movement.

BBNI

Sell on Strength

S2 S1 Level R1 R2
8,825 9,175 9,450 9,700 10,000

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

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,460 3,600 3,680 3,750 3,850

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

TLKM

Buy on Weakness

S2 S1 Level R1 R2
3,940 4,020 4,060 4,140 4,200

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

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Kiwoom Trader 15 March 2018


Bursa Eropa diperdagangkan mixed dengan kecenderungan menurun. Dow Jones turun 1% pada level 24,758 dipicu penurunan saham Boeing seiring kekuatiran investor atas kebijakan tarif Amerika atas perang dagang terhadap China. Presiden Donald Trump berencana menerapkan tarif sebesar US$ 60 Miliar atas produk impor dari China. Bursa regional diperdagangkan negatif pagi ini. IHSG turun mendekati level terendah sebelumnya pada level 6,368 pada 7 Maret lalu. Penurunan IHSG dibawah level tersebut berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring ketidakpastian pasar atas perang dagang global yang dipicu kebijakan baru Amerika.

Stock Closing Rec. S2 S1 R1 R2
AISA 645 Speculative Buy 525 590 745 800
BBNI 9,450 Sell on Strength 8,825 9,175 9,700 10,000
BBTN 3,680 Sell on Strength 3,460 3,600 3,750 3,850
TLKM 4,060 Buy on Weakness 3,940 4,020 4,140 4,200

Daily Research 05 March 2018

S2 S1 IDX R1 R2
6,482.1 6,545.0 6,582.3 6,689.3 6,750.0
  • Dow Jones closed 70.9 point lower at 24,538 after dropped 390 points on early trading session last Friday. EIDO gained 0.6% last Friday closed at 28.7.
  • Rupiah traded around Rp 13,750 per US$ this morning, may bring some negative sentiments for IDX today.
  • Regional market opened lower this morning as investors need time to digest US’s new trade policy announced last week.
  • IDX’s candlestick formed hammer pattern last Friday which indicate rebound potential today.
  • In all we expect IDX to trade mixed today.
ADHI

Buy on Weakness

S2 S1 Level R1 R2
2,250 2,310 2,390 2,480 2,550

AALI 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
3,010 3,130 3,280 3,400 3,540

HRUM ended the trading weaker with a long black candle formation providing another downside sign.

AISA

Buy on Weakness

S2 S1 Level R1 R2
545 615 655 695 760

AISA was in the negative territory near its horizontal support with a low volume so that a further weak turn maybe in a limited range.

ERAA

Sell on Strength

S2 S1 Level R1 R2
960 1,025 1,105 1,150 1,200

ERAA closed the session higher with long white candle pattern but with a thin volume and overbought RSI trend that could limit the upswing.

Kiwoom Trader 05 March 2018


Bursa Eropa mengalami koreksi yang cukup dalam setelah Donald Trump mengumumkan kebijakan tarif Pemerintah Amerika yang baru. Kendati dibuka dengan penurunan yang cukup dalam, Dow Jones berhasil ditutup turun 70.9 poin pada level 24,538 setelah dibuka turun 390 poin hari Jumat lalu. EIDO naik 0.6% hari Jumat ditutup pada level 28.7. Rupiah diperdagangkan pada kisaran Rp 13,750 per US$ pagi ini, masih membayangi pergerakan IHSG hari ini. Bursa regional diperdagangkan cenderung menurun pagi ini. Candlestick IHSG membentuk pola hammer hari Jumat, mengindikasikan potensi rebound hari ini. Secara keseluruhan kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,390 Buy on Weakness 2,250 2,310 2,480 2,550
AISA 655 Buy on Weakness 545 615 695 760
ERAA 1,105 Sell on Strength 960 1,025 1,150 1,200
HRUM 3,280 Sell on Strength 3,010 3,130 3,400 3,540

Daily Research 26 February 2018

S2 S1 IDX R1 R2
6,478.5 6,545.0 6,619.8 6,689.5 6,750.0
  • Dow Jones closed 1.4% higher at 25,310 as US Government bond yield lowered after the market hear comment of one of The Fed member. Rupiah traded around IDR 13,650 per US$ this morning.
  • Regional market opened positive this morning.
  • IDX’s candlestick formed inverted hammer pattern last Friday which make it vulnerable to a technical correction.
  • We expect IDX to trade mixed with positive tendency today following positive regional markets.
AISA

Trading Buy

S2 S1 Level R1 R2
480 540 665 720 760

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

DOID

Trading Buy

S2 S1 Level R1 R2
975 1,050 1,120 1,170 1,250

DOID closed the session higher with bullish engulfing pattern and followed by high enough volume indicating another upside potential.

ERAA

Sell on Strength

S2 S1 Level R1 R2
925 950 985 1,025 1,050

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

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,660 2,780 2,850 3,110 3,250

WSKT ended the trading negatively and break its short term diagonal support. A further downside would remain possible if WSKT break its S1 line may trigger price correction

Kiwoom Trader 26 February 2018


Kendati bursa kawasan Eropa ditutup bervariasi akhir pekan lalu, Dow Jones berhasil naik 1.4% pada level 25,310 seiring penurunan yield obligasi Pemerintah Amerika setelah pasar mendengar komentar salah satu Dewan Gubernur The Fed. Rupiah diperdagangkan pada kisaran Rp 13,650 per US$ pagi ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk pola inverted hammer hari Jumat yang membuatnya rentan mengalami koreksi teknikal. Secara keseluruhan kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini mengikuti sentimen bursa regional.

Stock Closing Rec. S2 S1 R1 R2
AISA 665 Trading Buy 480 540 720 760
DOID 1,120 Trading Buy 975 1,050 1,170 1,250
ERAA 985 Sell on Strength 925 950 1,025 1,050
WSKT 2,850 Sell on Strength 2,660 2,780 3,110 3,250

*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 19 February 2018

S2 S1 IDX R1 R2
6,375.0 6,478.5 6,591.6 6,666.8 6,750.0
  • Dow Jones gained 19 points last Friday at 25,219 while EIDO up 0.6% at 30.11.
  • US Dollar Index lowered at 89.1 lift global commodity prices such as crude oil and coal. Rupiah traded around IDR 13,550 per US$ this morning. Regional market traded on positive territory this morning.
  • IDX’s candlestick formed dark cloud cover last Thursday which may trigger technical correction today.
  • In all we expect IDX to trade mixed with positive tendency today backed by stronger commodity prices.
AISA

Trading Buy

S2 S1 Level R1 R2
440 490 540 590 670

AISA managed a rebound followed by a long white candle pattern suggesting another favorable potential.

ASII

Buy on Weakness

S2 S1 Level R1 R2
8,000 8,200 8,275 8,550 8,725

ASII ended the trading negatively near its diagonal support with a thin volume suggesting a limited downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,600 3,690 3,770 3,840 3,900

BBTN took a weak turn after unable to break its recent high yesterday so that could lead to further downturn.

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,540 1,585 1,600 1,645 1,700

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