Daily Research 17 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,286.8 6,410.7 6,500.8
  • Dow Jones closed 0.9% higher at 24,573 backed by
    1Q 2018 financial results as investors eased worries
    on Syria.
  • Regional market traded slightly positive this morning.
  • IDX traded and closed in positive territory with
    candlestick formed bullish harami pattern which may
    lead to a rebound today.
  • In all we expect IDX to trade mixed with positive
    tendency today as the market prepares for release of
    1Q 2018 financial reports.
AKRA

Hold

S2 S1 Level R1 R2
5,450 5,600 5,800 5,950 6,100

AKRA has a chance to continue rally after ended trading with high volume. The rally will valid if AKRA break above diagonal resistance.

CPIN

Sell On Strenght

S2 S1 Level R1 R2
3,540 3,630 3,840 3,900 3,950

CPIN closed the session higher in diagonal resistance area with a thin volume that could limit the upswing

UNVR

Sell on Strength

S2 S1 Level R1 R2
49,050 50,200 51,525 52,000 53,550

UNVR edged higher but with a position near its horizontal resistance possibly trimming a further upside potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,210 2,320 2,410 2,490 2,600

WSKT closed the session lower after break below horizontal support with increasing volume indicating a further downturn

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Kiwoom Trader 17 April 2018

Bursa Eropa ditutup bervariasi namun Dow Jones berhasil naik 0.9% pada level 24,573 seiring meredanya kekuatiran Syria serta kinerja keuangan perusahaan 1Q 2018. Bursa regional diperdagangkan cenderung positif pagi ini. IHSG ditutup positif kemarin dengan candlestick membentuk pola bullish harami sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini didukung spekulasi pasar menjelang rilis kinerja keuangan 1Q 2018.

Stock Closing Rec. S2 S1 R1 R2
AKRA 5,800 Hold 5,450 5,600 5,950 6,100
CPIN 3,840 Sell On Strength 3,540 3,630 3,900 3,950
UNVR 51,525  Sell On Strength 49,050 50,200 52,000 53,550
WSKT 2,410  Sell On Strength 2,210 2,320 2,490 2,600

 

Kiwoom Trader 12 April 2018

Bursa Eropa dan Amerika turun setelah mengalami teknikal rebound dalam beberapa hari sebelumnya. Dow Jones turun 0.9% ditutup pada level 24,189.4 dipicu pernyataan Presiden Amerika terhadap Rusia atas situasi yang terjadi di Syria. Bursa regional bergerak mendatar pagi ini. IHSG ditutup menguat kemarin namun candlestick membentuk pola inverted hammer dengan upside gap sehingga berpotensi memicu koreksi hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,390 Sell On Strength 1,275 1,330 1,410 1,500
AKRA 5,825  Sell On Strength 5,450 5,675 6,000 6,200
RALS 1,420  Sell On Strength 1,270 1,350 1,500 1,550
SCMA 2,820  Sell On Strength 2.520 2,620 2,880 2,980

 

Daily Research 12 April 2018

S2 S1 IDX R1 R2
6,210.7 6,292.3 6,360.9 6,410.7 6,500.8
  • Dow Jones closed 0.9% lower at 24,189.4 after US President tweet for Russians on their stance for Syria.
  • Regional market traded sideways this morning due to lack of positive catalysts.
  • IDX traded higher but its candlestick formed inverted hammer pattern with upside gap, which may lead to a technical correction today.
  • We expect IDX to trade mixed with negative tendency today as investors tend to realize profits.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,275 1,330 1,390 1,410 1,500

ACES edged higher but with a position near its recent high possibly trimming a further upside potential

AKRA

Sell on Strength

S2 S1 Level R1 R2
5,450 5,675 5,825 6,000 6,200

AKRA still moved up but with a close horizontal resistance that could limit gain

RALS

Sell on Strength

S2 S1 Level R1 R2
1,270 1,350 1,420 1,500 1,550

RALS closed the session higher near its recent high with a thin volume and overbought RSI trend that could limit the upside turn

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,520 2,620 2,820 2,880 2,980

SCMA closed the session higher with long white candle and a thin volume also a presence of several resistance level that could limit the upside turn

Kiwoom Trader 29 March 2018

Bursa Eropa dan Amerika diperdagangkan mixed menjelang libur Paskah. Dow Jones hanya turun 9 poin ditutup pada level 23,848 kendati dibayangi sentimen negatif saham sektor teknologi seperti Amazon, Apple, dan Netflix. Bursa regional diperdagangkan mixed pagi ini menjelang libur panjang akhir pekan. IHSG turun dibawah level terendah sebelumnya dan berpotensi mengalami koreksi lanjutan. Kami memperkirakan IHSG diperdagangkan mixed cenderung menurun hari ini seiring masih cukup tingginya minat jual investor asing menjelang libur Paskah.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,100 Hold 1,980 2,040 2,180 2,250
AKRA 5,600 Buy on weakness 5,400 5,550 5,800 6,025
BBNI 8,650 Sell 8,000 8,325 8,975 9,350
INTP 16,475 Sell on strength 15,075 16,000 17,675 18,425

 

Daily Research 29 March 2018

S2 S1 IDX R1 R2
5,972.3 6,054.6 6,140.8 6,251.5 6,353.7
  • European and American market traded mixed ahead of long Easter weekend. Dow Jones closed 9 points lower at 23,848 dragged by negative sentiments from technology sector.
  • Regional market traded mixed this morning ahead of long weekend.
  • IDX break below recent low which may lead to another weak session today.
  • We expect IDX to trade mixed with negative tendency today due to prolonged capital outflow ahead of long Easter weekend holiday.
ADHI

Hold

S2 S1 Level R1 R2
1,980 2,040 2,100 2,180 2,250

ADHI closed below its recent low. A further downside would remain possible if ADHI break its diagonal support may trigger price correction.

AKRA

Buy on Weakness

S2 S1 Level R1 R2
5,400 5,550 5,600 5,800 6,025

AKRA remain in the weak side during a few days in a row. A weak potential would carry on its recent low and support are broken down.

BBNI

Sell

S2 S1 Level R1 R2
8,000 8,325 8,650 8,975 9,350

BBNI took a deep downturn and a break horizontal support indicating a further down trend.

INTP

Sell on strength

S2 S1 Level R1 R2
15,075 16,000 16,475 17,675 18,425

INTP ended the trading negatively after break below its support with high enough volume indicating a further downturn

Daily Research 20 March 2018

S2 S1 IDX R1 R2
6,167.7 6,251.5 6,289.6 6,371.2 6,456.9
  • Dow Jones closed 1.3% lower at 24,611 triggered by Caterpillar stock while Nasdaq closed 1.8% lower dragged by Facebook stock as reports showed there is ways to collect user profiles without their consent.
  • Regional market opened lower with Nikkei lead decline with 0.9% correction this morning.
  • IDX traded lower yesterday as foreign investors remained net seller at the IDX.
  • We expect IDX to trade lower today.
AKRA

Hold

S2 S1 Level R1 R2
5,625 5,900 6,100 6,200 6,450

AKRA has a change to continue rally after ended trading with high volume. The rally will valid if AKRA break above recent high level (R1).

BMTR

Trading Buy

S2 S1 Level R1 R2
515 550 580 600 630

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

HMSP

Sell on Strength

S2 S1 Level R1 R2
3,900 4,110 4,270 4,400 4,600

HMSP closed the session lower with a dark cloud cover formation with a high enough volume suggesting a further downturn.

WSBP

Buy on Weakness

S2 S1 Level R1 R2
378 400 406 425 448

WSBP ended the trading negatively near diagonal support area with a thin volume and oversold RSI trend suggesting a limited downside potential