Daily Research 21 November 2017

S2 S1 IDX R1 R2
5,988.2 6,044.3 6,053.3 6,100 6,130
  • US and European stock indexes rebounded yesterday, despite political uncertainty in Germany where Chancellor Angela Merkel has just failed to gain support from other parties to form a strong coalition.
  • Next week’s OPEC meeting can determine the direction of oil price movements.
  • Nikkei 225, Kospi, and All Ordinaries indexes opened up this morning.
  • JCI is likely to rebound today after forming shooting star pattern in the last 2 days. Support 5,990 and resistance 6,110.
ACES

Buy on Weakness

S2 S1 Level R1 R2
1,100 1,160 1,200 1,245 1,300

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

AKRA

Buy on Weakness

S2 S1 Level R1 R2
6,275 6,525 6,675 7,000 7,350

AKRA continued the weak turn with presences of several supports that could slow down the current downswing.

MEDC

Hold

S2 S1 Level R1 R2
800 855 905 920 965

MEDC ended the trading positive in horizontal resistance area with increasing trading volume. A break recent high may send MEDC higher to test resistance level.

SMRA

Hold

S2 S1 Level R1 R2
800 850 870 940 1,000

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

* 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.

Advertisements

Kiwoom Trader 21 November 2017


Indeks saham di AS dan Eropa berhasil rebound kemarin, meskipun terjadi ketidakpastian politik di Jerman dimana Kanselir Angela Merkel baru saja gagal mendapatkan dukungan dari partai lain untuk membentuk koalisi yang kuat. Pertemuan OPEC pekan depan dapat menentukan arah pergerakan harga minyak. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka naik pagi ini. IHSG berpeluang untuk kembali terkoreksi hari ini setelah pada 2 hari terakhir membentuk pola shooting star. Support 5990, resistance 6110.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,200 Buy on Weakness 1,100 1,160 1,245 1,300
AKRA 6,675 Buy on Weakness 6,275 6,525 7,000 7,350
MEDC 905 Hold 800 855 920 965
SMRA 870 Hold 800 850 940 1,000

*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 10 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,042.5 6,082.2 6,110
  • Declining Market. Stock indexes across Europe and US closed down.
  • After a proposed plan by Senate Republicans would push a corporate tax cut back to 2019, which slower than initially expected to be completed later this year.
  • Brexit talks resume between UK-EU with both sides hoping to break a deadlock before the end of the year.
  • Nikkei 225 opens flat tend to move negative this morning, meanwhile Kospi and All Ordinaries opens lower.
  • IDX Composite yesterday confirmed the negative signal indicated by RSI and Stochastic indicator which started to decline, so today it is expected to move in mixed direction with tendency to be negative, support 5980, resistance 6100.
AKRA

Buy on Weakness

S2 S1 Level R1 R2
7,050 7,275 7,325 7,500 7,725

AKRA closed the session lower with a thin volume and a presence of its several support levels that could dampen a further downside movement.

ELSA

Sell on Strength

S2 S1 Level R1 R2
332 360 364 386 424

ELSA was in the negative side with a shooting star formation after fail to break above its diagonal resistance that trend indicating a further downturn.

INDF

Buy on Weakness

S2 S1 Level R1 R2
7,800 7,925 7,950 8,150 8,325

INDF ended the trading negatively with a thin volume and a presence of its several support levels that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,360 9,875 10,100 10,500 10,875

SMGR closed the session lower and break below its diagonal support area with high enough volume indicating a further downturn.

* 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 03 November 2017


Pasar Eropa diperdagangkan mixed seiring langkah BoE menaikkan suku bunga acuan pertama kali sejak tahun 2007. Dow Jones diperdagangkan mixed namun berhasil naik 0.35% ditutup pada level 23,516.3 seiring optimisme pasar atas proposal reformasi pajak yang diajukan partai Republik. Bursa regional pagi ini bergerak cenderung positif menjelang rilis data Caixin Services PMI China. IHSG sedikit mengalami koreksi namun candlestick IHSG membentuk pola dark cloud cover sehingga mengindikasikan potensi koreksi hari ini. Kami memperkirakan IHSG bergerak mendatar denan kecenderungan negatif hari ini ditengah kecenderungan aksi ambil untung para investor menjelang akhir pekan.

Stock Closing Rec. S2 S1 R1 R2
AKRA 7,575 Trading Buy 7,050 7,275 7,725 8,025
HMSP 3,900 Speculative Buy 3,800 3,870 4,020 4,100
SMRA 1,005 Buy on Weakness 950 980 1,055 1,100
UNVR 49,075 Sell on Strength 47,700 48,550 50,500 51,425

*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 26 October 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 6,025.4 6,050 6,100
  • Dow Jones closed 112.3 point lower at 23,329.5 levels backed by higher US Government bond yield.
  • Regional market traded sideways this morning.
  • IDX traded higher above all-time high level but looked vulnerable to profit taking actions affected by tendencies of rising bond yield.
  • We expect IDX to trade mixed with lower tendency today.
ADHI

Speculative Buy

S2 S1 Level R1 R2
2,030 2,160 2,250 2,320 2,460

ADHI moved higher with long white candle formation supported by a high enough volume in which could lead to another favorable opportunity.

AKRA

Sell on Strength

S2 S1 Level R1 R2
7,275 7,500 7,900 8,075 8,375

ITMG ended the trading positively with a thin volume and overbought RSI trend that could limit the upswing.

DOID

Trading Buy

S2 S1 Level R1 R2
900 960 1,015 1,070 1,170

DOID moved in the positive side followed by a bullish engulfing pattern and high a volume suggesting another favorable potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,920 2,100 2,220 2,250 2,390

WSKT closed the session higher near its diagonal support with a thin volume and overbought RSI trend overbought 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 26 October 2017


Pasar Eropa dan Amerika mengalami koreksi seiring aksi profit taking investor. Dow Jones turun 112.3 poin ditutup pada level 23,329.5 kemarin yang juga dipicu kenaikan yield obligasi Pemerintah Amerika. Bursa regional diperdagangkan mendatar pagi ini. IHSG naik menembus level tertinggi sebelumnya didukung aksi beli selektif investor asing atas saham berkapitalisasi pasar besar. Sentimen positif kinerja perusahaan serta disetujuinya APBN 2018 memberi dukungan terhadap kenaikan IHSG kemarin. Namun demikian kendati ditutup diatas level 6,000 kami menilai IHSG masih rentan terkena aksi profit taking seiring tren kenaikan yield obligasi.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,250 Speculative Buy 2,030 2,160 2,320 2,460
AKRA 7,900 Sell on Strength 7,275 7,500 8,075 8,375
DOID 1,015 Trading Buy 900 960 1,070 1,170
WSKT 2,220 Sell on Strength 1,920 2,100 2,250 2,390

*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 20 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,910.5 5,967.1 6,000
  • Dow Jones managed to book 5.4 point gain at 23,163 levels after opened 100 points lower yesterday.
  • Regional market traded on negative territory this morning as investors lock profit before weekend.
  • IDX closed lower near strong diagonal support line and recent low level at 5,882 as foreign investors keep selling bluechip stocks.
  • We expect IDX to trade mixed with negative tendency today.
AKRA

Trading Buy

S2 S1 Level R1 R2
6,850 7,050 7,350 7,525 7,700

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

HMSP

Sell on Strength

S2 S1 Level R1 R2
3,660 3,760 3,820 3,950 4,090

HMSP was in the negative side followed by a bearish engulfing indicating a further downside potential.

INDF

Buy on Weakness

S2 S1 Level R1 R2
7,725 7,950 8,150 8,325 8,575

INDF still carried on the weak turn with presences of several supports that could dampen the downturn.

TINS

Speculative Buy

S2 S1 Level R1 R2
765 800 810 840 865

TINS ended the trading negatively near its short term horizontal 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.