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.

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.

Kiwoom Trader 15 August 2017

 

Dow Jones naik 0.62% ditutup pada level 21,993.71 kemarin seiring menurunnya kekuatiran atas ketegangan hubungan Amerika dan Korea Utara. Bursa Eropa mengalami rebound setelah mengalami tekanan akhir pekan lalu. Bursa regional diperdagangkan positif hari ini. Candlestick IHSG membentuk pola bullish harami, berpotensi melanjutkan rebound hari ini. Kami memperkirakan IHSG bergerak positif hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
APLN	240	Trading Buy	206	216	254	268
JSMR	5,450	Speculative Buy	5,150	5,400	5,650	5,850
LPPF	10,975	Trading Buy	9,800	10,375	11,450	12,625
SMGR	10,975	Sell on Strength	10,200	10,675	11,225	11,750

*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 July 2017

S2	S1	IDX	R1	R2
5,702.9	5,769.6	5,806.7	5,865.4	5,910.2

• Dow Jones closed 66 point higher and closed at fresh
  new high at 21,640.75 levels backed by strong corporate earnings.
• Regional bourses traded positive this morning ahead of today’s ECB meeting. Increase on energy and metal prices may support IDX today.
• IDX closed lower at its strong diagonal support line as foreign investors booked net sell. A break below the line may send IDX lower and lead to a major price correction.
• We expect IDX to trade in positive territory today.

APLN	Sell on Strength
S2	S1	Level	R1	R2
182	194	206	206	230

APLN edged higher followed by an increasing volume but with the presences of several resistances that could limit this upside turn.

ASII	Buy on Weakness
S2	S1	Level	R1	R2
8,150	8,350	8,475	8,750	8,950

ASII closed the session lower with high volume but closing near horizontal support and near oversold RSI trend that could dampen a further downside movement.

SMRA	Buy on Weakness
S2	S1	Level	R1	R2
935	1,035	1,070	1,140	1,215

SMRA moved lower during the last several days but with presences of its horizontal support that could limit the weak turn.

UNTR	Hold
S2	S1	Level	R1	R2
26,250	27,200	28,550	29,150	30,000

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

* 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 20 July 2017

Dow Jones naik 66 poin ditutup pada level tertinggi baru 21,640.75 seiring naiknya kinerja korporasi Amerika. Bursa kawasan regional diperdagangkan positif pagi ini menjelang rapat ECB hari ini dimana pasar menanti pejelasan lebih lanjut terkait rencana tapering yang akan dilakukan ECB. Naiknya harga komoditas energi dan metal dapat menopang perdagangan IHSG hari ini. IHSG turun kemarin ditutup tepat pada garis diagonal support kuat dipicu aksi jual investor asing. Penembusan ke bawah garis tersebut bepotensi memicu koreksi IHSG. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
APLN	206	Sell on Strength	182	194	216	230
ASII	8,475	Buy on Weakness	8,150	8,350	8,750	8,950
SMRA	1,070	Buy on Weakness	935	1,035	1,140	1,215
UNTR	28,550	Hold	26,250	27,200	29,150	30,000

*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,