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

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.

Daily Research 19 January 2018

S2	S1	IDX	R1	R2
6,279.5	6,371.2	6,472.7	6,520.0	6,575.0

• Dow Jones closed 97.8 points lower at 26,017.8  levels ahead of US Government budget proposal that need to be approved by Congress today. Deadlock would mean Government shutdown.
• Regional market traded flat this morning due to lack of positive catalysts.
• Energy prices remained at relatively high levels, expected to support IDX which vulnerable to profit taking action today.
• We expect IDX to trade mixed with negative tendency today.

AISA	Trading Buy
S2	S1	Level	R1	R2
378	530	615	720	875

AISA closed the trading higher with a long white candle  followed by a high enough volume signaling a further favorable opportunity.

LPCK	Trading Buy
S2	S1	Level	R1	R2
2,900	3,050	3,270	3,390	3,600

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

MAPI	Sell on Strength
S2	S1	Level	R1	R2
6,475	6,770	7,000	7,200	7,500

MAPI continued the upside movement but with the presences of its horizontal resistance and previous high in which could limit the upside movement.

RALS	Sell on Strength
S2	S1	Level	R1	R2
1,110	1,175	1,500	1,510	1,550

RALS closed the session higher with long white candle with higher volume but 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.

Kiwoom Trader 19 January 2018

Pasar Eropa bergerak mixed kemarin namun Dow Jones turun 97.8 poin pada level 26,017.8 seiring pembicaraan budget Pemerintah dengan Kongres hari ini yang berpotensi mengalami jalan buntu. Bursa regional bergerak mendatar pagi ini seiring sepinya sentimen penggerak pasar. Harga komoditas energi cenderung bertahan pada level yang relatif tinggi, dapat menopang sentimen IHSG yang rentan mengalami koreksi teknikal. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun akhir pekan ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AISA	615	Trading Buy	378	530	720	875
LPCK	3,270	Trading Buy	2,900	3,050	3,390	3,600
MAPI	7,000	Sell on Strength	6,475	6,770	7,200	7,500
RALS	1,500	Sell on Strength	1,110	1,175	1,510	1,550

*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 18 July 2017

 

 

Dow Jones diperdagangkan mixed, ditutup turun 8 poin pada level 21,629.7. Rapat ECB dijadwalkan berlangsung pada 20 Juli, diharapkan dapat memberi arahan terhadap isu tapering yang akan dilakukan. Bursa regional diperdagangkan cenderung turun pagi ini. Harga komoditas ditutup cenderung menguat kemarin. IHSG naik pada akhir sesi perdagangan kemarin kendati dibayangi aksi jual investor asing. Kami memperkirakan IHSG bergerak mendatar hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AISA	1,485	Trading Buy	1,280	1,400	1,545	1,660
INCO	2,090	Sell on Strength	1,850	1,960	2,150	2,270
MEDC	2,720	Sell on Strength	2,290	2,570	2,770	3,010
WIKA	2,090	Sell on Strength	1,990	2,000	2,180	2,260

*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,