Daily Research 03 November 2017

S2 S1 IDX R1 R2
5,915.4 5,974.1 6,031.1 6,052 6,100
  • Dow Jones traded mixed but managed to book 0.35% gain to close the day at 23,516.3 levels backed by market optimism on tax reform plans proposed by
    Republicans.
  • Regional market traded positive this morning ahead of China’s Caixin services PMI to be released this morning.
  • IDX traded slightly lower after booked an all-time high level. IDX’s candlestick formed dark cloud cover which indicate further downside risk today.
  • We expect IDX to trade sideways with negative tendency today as investors tend to lock profits ahead of weekend.
ANTM

Trading Buy

S2 S1 Level R1 R2
7,050 7,275 7,575 7,725 8,025

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

HMSP

Speculative Buy

S2 S1 Level R1 R2
3,800 3,870 3,900 4,020 4,100

HMSP closed the session in its diagonal support with a thin volume that could dampen a further downside movement.

SMRA

Buy on Weakness

S2 S1 Level R1 R2
950 980 1,005 1,055 1,100

SMRA closed the session lower near its horizontal support with a thin volume suggesting a limited downside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
47,700 48,550 49,075 50,500 51,425

UNVR ended the trading negatively with bearish engulfing pattern and followed by higher volume 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.

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Daily Research 02 November 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 6,038.1 6,050 6,100
  • Dow Jones closed 0.25% higher at 23,435 levels. As expected the Fed leaves benchmark rate unchanged and leaves door open for December hike.
  • Regional market traded sideways, slightly positive this morning
  • IDX booked another record high levels although foreign investors booked another net sell position.
  • We expect IDX to trade on positive territory today as the market looked intact with its strong uptrend channel driven by 9M 2017 financial results.
ANTM

Trading Buy

S2 S1 Level R1 R2
610 640 710 740 760

ANTM closed the session higher with long white candle pattern and followed by higher volume indicating another upside potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
67,150 70,000 71,750 73,900 76,950

GGRM was still in the positive side but with a closer near it horizontal resistance that could limit the upside movement.

LPPF

Trading Buy

S2 S1 Level R1 R2
8,475 9,100 9,600 10,100 10,950

LPPF managed a rebound turn after on a downswing with a long white candle and supported by a high enough volume suggesting another favorable potential.

TINS

Trading Buy

S2 S1 Level R1 R2
765 800 895 940 985

TINS ended the trading positively with long white candle pattern and followed by 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.

Kiwoom Trader 02 November 2017


Pasar Eropa dan Amerika diperdagangkan mendatar dengan Dow Jones naik 0.25% ditutup pada level 23,435. Sesuai ekpektasi pasar, rapat FOMC memutuskan tidak mengubah kebijakan suku bunga. Pasar memperkirakan the Fed akan kembali menaikkan suku bunga acuan sebesar 25 basis poin dalam rapat FOMC bulan Desember. Bursa regional pagi ini bergerak mendatar dengan kecenderungan positif. IHSG naik membukukan rekor tertinggi baru ditengah aksi jual investor asing. Kami memperkirakan IHSG bergerak cenderung positif hari ini seiring kembali berlanjutnya tren naik IHSG setelah keluarnya kinerja keuangan 9M 2017.

Stock Closing Rec. S2 S1 R1 R2
ANTM 710 Trading Buy 610 640 740 760
GGRM 71,750 Sell on Strength 67,150 70,000 73,900 76,950
LPPF 9,600 trading Buy 8,475 9,100 10,100 10,950
TINS 895 Trading Buy 765 800 940 985

*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 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,894.6 5,950.0 6,000
  • Dow Jones closed 0.24% lower at 22,296.1 dragged by tech sectors. North Korea threat on US President statement raising geopolitical tensions.
  • EIDO closed 1.08% lower at 26.66 may limit positive momentum for IDX at today’s open.
  • IDX closed lower after traded near all-time high level at 5,915 and may test its support levels.
  • We expect IDX to trade in negative territory today as foreign investors still booked net sell positions on equities.
ADRO

Buy on Weakness

S2 S1 Level R1 R2
1,640 1,700 1,755 1,840 1,890

ADRO closed the session lower near horizontal support with a thin volume that could dampen a further downside movement.

ANTM

Sell on Strength

S2 S1 Level R1 R2
610 640 650 685 715

ANTM ended the trading negatively with a long black candle and break below its diagonal support with a high enough volume indicating a further downturn.

MEDC

Sell on Strength

S2 S1 Level R1 R2
740 810 880 920 1,000

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

UNVR

Buy on Weakness

S2 S1 Level R1 R2
46,725 48,325 49,700 51,200 52,500

UNVR still carried the weak turn but with a close horizontal support in which could expectedly slow down the downswing.

* 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 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed dengan sedikit penurunan. Dow Jones turun 0.24% ditutup pada level 22,296.1 dipicu penurunan saham sektor IT. Ancaman Korea Utara atas pernyataan Presiden Amerika turut membayangi pergerakan pasar global. EIDO turun 1.08% ditutup pada level 26.66 berpotensi membayangi pergerakan pasar pada sesi pagi hari ini. IHSG turun setelah mendekati level tertinggi 5,915 dan berpotensi menguji level-level support nya. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dibayangi aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,755 Buy on Weakness 1,640 1,700 1,840 1,890
ANTM 650 Sell on Strength 610 640 685 715
MEDC 880 Sell on Strength 740 810 920 1,000
UNVR 49,700 Buy on Weakness 46,725 48,325 51,200 52,500

*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 31 August 2017

 

S2 S1 IDX R1 R2
5,808.6 5,840.9   5,872.5 5,914.0 5,950
  • Dow Jones closed 0.12% higher at 21,892.43 levels backed by Apple shares ahead of new Iphone launch on September. EIDO closed 0.81% lower at 26.93
    levels.
  • Regional market traded sideways and slightly positive this morning.
  • IDX traded lower yesterday near its recent low at 5,861 levels. IDX may try to close an upside gap formed since 5,835 level.
  • Thus we tend to see IDX trade on negative territory today ahead of long weekend holiday.
ANTM

Hold

S2 S1 Level R1 R2
685 715 755 770 800

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

BJTM

Trading Buy

S2 S1 Level R1 R2
640 680 720 750 800

BJTM was in the positive side followed by a full white  candle and higher volume indicating a still favorable potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
61,800 65,900 68,850 71,650 74,950

GGRM was on the weak side followed by a long black candle and break horizontal support indicating a still weak potential.

MEDC

Sell on Strength

S2 S1 Level R1 R2
2,700 2,940 3,270 3,400 3,590

MEDC ended trading positively with a thin volume and overbought RSI trend that could limit the upside turn.

* 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 31 August 2017

 

 

 

Bursa Eropa dan Amerika diperdagangkan positif kemarin. Dow Jones naik 0.12% ditutup pada level 21,892.43 didukung saham Apple menjelang peluncuran Iphone baru bulan September. EIDO turun 0.81% kemarin ditutup pada level 26.93. Bursa regional diperdagangkan cenderung mendatar pagi ini. IHSG turun kemarin mendekati level terendah sebelumnya pada 5,861. IHSG berpotensi kembali melemah hari ini untuk menutup upside gap pada level 5,835. Kami memperkirakan IHSG bergerak cenderung menurun menjelang libur Idul Adha besok.

 

Stock Closing Rec. S2 S1 R1 R2
ANTM 755 Hold 685 715 770 800
BJTM 720 Trading Buy 640 680 750 800
GGRM 68,850 Sell on Strength 61,800 65,900 71,650 74,950
MEDC 3,270 Sell on Strength 2,700 2,940 3,400 3,590

*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,