Daily Research 22 August 2017

 

S2 S1 IDX R1 R2
5,749.4 5,806.7   5,861.0 5,950 6,000
  • Most European market closed lower yesterday while Dow Jones traded sideways but managed to close 29.2 point higher at 21,703.7 levels.
  • Regional market traded mixed with lower tendency this morning due to lack of positive sentiments.
  • IDX traded lower yesterday as investor realized profit. IDX’s candlestick formed inverted hammer pattern last Friday.
  • We expect IDX to trade mixed with negative tendency today.
ANTM

Sell on Strength

S2 S1 Level R1 R2
645 680 715 720 775

ANTM was in the positive territory but with a position  its diagonal resistance that could limit the upside opportunity.

BSDE

Trading Buy

S2 S1 Level R1 R2
1,680 1,740 1,850 1,900 1,965

BSDE closed session higher with hammer pattern and high enough volume indicating another upside potential.

TINS

Trading Buy

S2 S1 Level R1 R2
745 785 850 900 950

TINS ended the trading positively with long white candle pattern and higher volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
43,770 46,725 48,325 50,025 52,050

UNVR moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another 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 22 August 2017

Sebagian besar bursa Eropa diperdagangkan cenderung menurun. Dow Jones diperdagangkan mendatar, ditutup naik 29.2 poin pada level 21,703.7. Bursa regional diperdagangkan mixed cenderung menurun pagi ini ditengah sepinya sentimen penggerak pasar. IHSG turun kemarin dipicu aksi profit takin ginvestor setelah candlestick IHSG membentuk pola inverted hammer hari Jumat. Kami memperkirakan IHSG bergerak mixed cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 715 Sell on Strength 645 680 720 775
BSDE 1,850 Trading Buy 1,680 1,740 1,900 1,965
TINS 850 Trading Buy 745 785 900 950
UNVR 48,325 Sell on Strength 43,770 46,725 50,025 52,050

*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 07 August 2017

S2 S1 IDX R1 R2
5,713.3 5,749.4   5,777.5 5,824.2 5,865.4
  • Dow Jones closed 66.7 point higher at fresh new high 22,092.8 levels backed by stronger than expected employment figures. European bourses traded higher at the end of last week
  • Regional bourses traded positive this morning.
  • IDX traded down near recent low at 5,765 levels with candlestick formed an inverted hammer pattern as foreign investors continue booked net sell at the IDX. A break below recent low may trigger further correction.
  • In all we expect IDX to trade sideways as investors digest 2Q 2017 GDP data to be released today.
ANTM

Buy on Weakness

S2 S1 Level R1 R2
550 610 660 700 760

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

JSMR

Speculative Buy

S2 S1 Level R1 R2
308 322 350 368 386

ASRI still continue higher with high volume after break its diagonal resistance indicating another upside potential.

LPCK

Trading Buy

S2 S1 Level R1 R2
4,000 4,290 4,660 4,980 5,400

LPCK closed higher that session higher above its horizontal resistance followed indicating another upside potential.

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,685 1,720 1,775 1,795 1,830

KLBF closed the session higher near recent high with high enough 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 07 August 2017

Dow Jones ditutup naik 66.7 poin pada level tertinggi baru 22,092.8 akhir pekan lalu didukung data tenaga kerja yang lebih baik dari perkiraan awal. Bursa Eropa ditutup naik akhir pekan lalu. Bursa regional diperdagangkan positif pagi ini. IHSG turun mendekati level terendah sebelumnya pada 5,765 dengan candlestick membentuk pola inverted hammer. Penembusan ke bawah level tersebut berpotensi memicu koreksi ditengah berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mendatar seiring langkah investor mencerna data 2Q 2017 GDP yang di release BPS hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 660 Buy on Weakness 550 610 700 760
JSMR 5,475 Speculative Buy 5,150 5,300 5,650 5,850
KLBF 1,775 Sell on Strength 1,685 1,720 1,795 1,830
LPCK 4,660 Trading Buy 4,000 4,290 4,980 5,400

*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 30 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,712.3 5,770.6 5,837.2
  • Dow Jones closed on Memorial Day. Regional bourses traded flat this morning due to lack of leads from US and European market.
  • IDX closed slightly lower yesterday but its candlestick formed bearish engulfing pattern, a sign for another selling pressure today.
  • IDX may get technical correction if break below 5,703 levels.
  • We expect IDX to trade mixed with negative tendency today.
ANTM

Trading Buy

S2 S1 Level R1 R2
665 695 750 770 800

ANTM close the session higher with a long white candle pattern after break above its horizontal resistance with high enough volume indicating another upside potential.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,075 1,200 1,290 1,400 1,515

JPFA closed the trading higher with a break on its horizontal resistance with a high volume as well as a long white candle indicating a further upside opportunity.

UNTR

Hold

S2 S1 Level R1 R2
23,725 24,600 26,025 26,900 27,900

UNTR ended the trading positive in long term diagonal resistance area with increasing trading volume. A break above R1 may send UNTR higher to test resistance levels.

WIKA

Buy on Weakness

S2 S1 Level R1 R2
2,840 3,040 2,280 3,260 3,440

WIKA moved lower during the last several days but with presence of its horizontal support that could limit the weak 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 30 May 2017

Dow Jones tutup memperingati Memorial Day. Bursa kawasan regional diperdagangkan mendatar pagi ini. HongKong tutup memperingati festival Tuen Ng. IHSG ditutup sedikit turun kemarin namun candlestick membentuk pola bearish engulfing sehingga berpotensi memicu tekanan jual hari ini. Investor asing mulai terlihat melakukan posisi jual bersih dalam beberapa hari perdagangan terakhir. IHSG berpotensi mengalami koreksi teknikal jika turun dibawah level 5,703. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 750 Trading Buy 665 695 770 800
JPFA 1,290 Trading Buy 1,075 1,200 1,400 1,515
UNTR 26,025 Hold 23,725 24,600 26,900 27,900
WIKA 2,280 Buy on Weakness 2,180 2,230 2,380 2,480

*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 17 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,647.0 5,715.1 5,750
  • Dow Jones closed 2.2 point lower at 20,979.7 levels on a mixed trading sessions.
  • Australian and Japan bourses traded 0.5% and 0.6% lower this morning as investors lock profits.
  • IDX closed at recent low levels and break short term diagonal support line.
  • We expect IDX to trade negative today as investors wait and see the official announcement of rating revision from Standard & Poor’s.
ANTM

Trading Buy

S2 S1 Level R1 R2
570 600 700 730 760

ANTM closed the session higher above its diagonal resistance with a high volume indicating another upside potential.

INTP

Sell on Strength

S2 S1 Level R1 R2
17,200 17,800 18,475 19,000 19,500

INTP ended the trading positively in its diagonal resistance with an open gap up and overbought RSI trend that could limit the upswing.

JPFA

Speculative Buy

S2 S1 Level R1 R2
970 1,060 1,180 1,215 1,300

JPFA closed the trading higher with a long white candle after on a weak trend in the last 6 days creating a technical rebound.

MEDC

Trading Buy

S2 S1 Level R1 R2
2,300 2,500 2,750 2,940 3,150

MEDC ended the trading positively with a high 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.