Daily Research 29 January 2018

S2 S1 IDX R1 R2
6,444.5 6,538.0 6,660.6 6,700.0 6,750.0
  • Dow Jones closed 224 point higher at new record high 26,616.7 backed by strong US corporate earnings.
  • Regional market traded positive this morning.
  • Rupiah appreciation combined with relatively high energy prices expected to support IDX which currently traded in overbought territory.
  • In all we expect IDX to trade mixed with positive tendency today, as the market is vulnerable to profit taking actions.
APLN

Trading Buy

S2 S1 Level R1 R2
199 216 240 252 262

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

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,645 1,680 1,695 1,730 1,775

KLBF still carried on the weak turn with presence of several supports that could dampen the downturn.

SMGR

Hold

S2 S1 Level R1 R2
10,750 11,200 11,600 11,750 12,250

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

SSIA

Trading Buy

S2 S1 Level R1 R2
460 496 550 585 610

SSIA closed the session higher with long white candle pattern after break above resistance line with 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.

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Kiwoom Trader 29 January 2018


Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu. Dow Jones naik 224 poin ditutup pada level 26,616.7 didukung sentiment positif kinerja korporasi Amerika. Bursa regional diperdagangkan positif pagi ini. Apresiasi Rupiah serta relatif tingginya harga komoditas energi diharapkan dapat menopang IHSG yang telah memasuki teritori overbought. Oleh karena itu kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini dimana pergerakan IHSG masih dibayangi aksi profit taking.

Stock Closing Rec. S2 S1 R1 R2
APLN 240 Trading Buy 199 216 252 262
KLBF 1,695 Buy on Weakness 1,645 1,680 1,730 1,775
SMGR 11,600 Hold 10,750 11,200 11,750 12,250
SSIA 550 Trading Buy 460 496 585 610

*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 03 January 2018

S2 S1 IDX R1 R2
6,221.0 6,277.2 6,339.2 6,400.0 6,450.0
  • Dow Jones closed 0.4% higher at 24,824 levels while EIDO gained 0.4% at 28.55 levels, may send some positive sentiments for the market at the open today.
  • Regional market traded slightly positive this morning.
  • IDX’s candlestick formed dark cloud cover which also looked like inverted hammer pattern, which indicated another selling pressure today to close an upside gap
    formed at the end of last year.
  • While foreign investor still buys Indonesian equities we expect the market to trade lower today as investor tend to realize profit.
APLN

Trading Buy

S2 S1 Level R1 R2
185 199 232 240 252

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

INTP

Sell on Strength

S2 S1 Level R1 R2
20,825 21,850 23,000 23,700 24,500

INTP was in the positive side with a long white candle. But, so a position near recent high would have the chance to dampen the gaining turn.

KLBF

Trading Buy

S2 S1 Level R1 R2
1,620 1,655 1,730 1,745 1,775

KLBF ended the trading positively with long white candle pattern after break above diagonal resistance indicating another upside potential.

UNTR

Sell on Strength

S2 S1 Level R1 R2
31,000 32,825 34,150 35,400 37,250

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

* 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 January 2018


Bursa kawasan Eropa bergerak cenderung menurun namun Dow Jones berhasil naik 0.4% ditutup pada level 24,824 kemarin. EIDO naik 0.4% pada level 28.55 diharapkan dapat menopang sentimen pagi hari ini. Bursa regional bergerak mixed cenderung positif pagi ini. Candlestick IHSG membentuk pola dark cloud cover yang juga terlihat seperti inverted hammer sehingga berpotensi mengalami koreksi hari ini untuk menutup gap naik akhir tahun lalu. Kendati masih berlanjutnya aksi beli selektif investor asing, kami memperkirakan IHSG bergerak cenderung turun hari ini ditengah aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
APLN 232 Trading Buy 185 199 240 252
INTP 23,000 Sell on Strength 20,825 21,850 23,700 24,500
KLBF 1,730 Trading Buy 1,620 1,655 1,745 1,775
UNTR 34,150 Sell on Strength 31,000 32,825 35,400 37,250

*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 11 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,857.1 5,914.0 5,950
  • Dow Jones closed 13 point higher, closed at  21,797.79 levels last Friday although dragged by insurer stocks ahead of hurricane Irma.
  • Regional market traded positive as Nikkei225 lead with 0.9% gain this morning.
  • IDX closed higher last Friday despite continuation of foreign net sell on Indonesian equities.
  • Backed by regional market we expect IDX to trade in positive territory today.
APLN

Sell on Strength

S2 S1 Level R1 R2
238 254 270 300 318

APLN ended the trading negatively with higher volume dan overbought RSI trend indicating a further downturn.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,400 8,525 8,650 8,800 8,925

INDF closed the session higher in diagonal resistance with a thin volume that could limit the upswing.

PTBA

Sell on Strength

S2 S1 Level R1 R2
11,700 12,100 12,375 12,825 13,300

PTBA moved in the positive side followed by a bullish harami pattern indicating another favorable opportunity.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,575 9,925 10,300 10,575 10,975

SMGR managed to move higher with a long white candle but was closed near its horizontal resistance that could slow down 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 11 September 2017


Bursa Eropa dan Amerika diperdagangkan mendatar akhir pekan lalu. Dow Jones naik 13 poin hari Jumat ditutup pada level 21,797.79 kendati diliputi sentimen negatif atas saham perusahaan asuransi terkait potensi dampak badai Irma. Bursa regional pagi ini naik dipimpin indeks Nikkei225 yang mengalami kenaikan 0.9%. IHSG naik hari Jumat lalu namun masih dibayangi aksi jual investor asing. Dengan dukungan bursa regional kami memperkirakan IHSG diperdagangkan cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
APLN 270 Sell on Strength 238 254 300 318
INDF 8,650 Sell on Strength 8,400 8,525 8,800 8,925
PTBA 12,375 Sell on Strength 11,700 12,100 12,825 13,300
SMGR 10,300 Sell on Strength 9,575 9,925 10,575 10,975

*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 15 August 2017

S2 S1 IDX R1 R2
5,675.3 5,731.8   5,801.5 5,865.4 5,910.2
  • Dow Jones closed 0.62% higher at 21,993.71 as investors less concern about US – North Korea tensions. European market rebound yesterday.
  • Regional market traded positive today.
  • IDX’s candlestick formed bullish harami pattern which indicate another positive momentum today.
  • We expect IDX to trade positive today.
APLN

Trading Buy

S2 S1 Level R1 R2
206 216 240 254 268

APLN closed the session higher after break above its horizontal resistance with high volume indicating another upside potential.

JSMR

Speculative Buy

S2 S1 Level R1 R2
5,150 5,400 5,450 5,650 5,850

JSMR ended the trading negatively in diagonal support without volume that could dampen a further downside movement.

LPPF

Trading Buy

S2 S1 Level R1 R2
9,800 10,375 10,975 11,450 12,625

LPPF managed a rebound followed by an increasing volume indicating a further positive opportunity.

SMGR

Sell on Strength

S2 S1 Level R1 R2
10,200 10,675 10,975 11,225 11,750

SMGR closed the session higher with declining volume suggesting a limited 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.