Daily Research 18 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,914.3 5,947.3 5,967.1 6,000
  • Dow Jones closed 40.5 point higher at fresh new high 22,997.4 levels backed by positive sentiments over US earnings season.
  • Regional market traded sideways this morning due to lack of positive catalyst.\
  • IDX’s candlestick formed “hanging man” pattern yesterday although the market pressured by large net sell position from foreign investors. As it formed at the top of a strong uptrend channel, it may send false signal.
  • In all we expect IDX to trade sideways with negative tendency today.
ASII

Buy on weakness

S2 S1 Level R1 R2
7,775 8,025 8,250 8,475 8,675

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

BMTR

Sell on Strength

S2 S1 Level R1 R2
515 575 610 620 655

BMTR moved higher considerably but with a close near its resistance that could trim another positive movement.

ADHI

Sell on strength

S2 S1 Level R1 R2
800 840 870 880 950

ERAA closed the session higher with declining volume suggesting a limited upside potential.

SCMA

Buy on weakness

S2 S1 Level R1 R2
1,960 2,080 2,130 2,190 2,310

SCMA was on the weak s ide near its horizontal support that could possibly lead to a limited downside movement

* 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 18 October 2017


Pasar Eropa cenderung menurun namun Dow Jones berhasil naik 40.5 poin ditutup pada level tertinggi baru 22,997.4 didukung sentimen positif kinerja keuangan perusahaan Amerika. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG tutup dekat dengan level tertinggi sebelumnya pada level 5,951 dengan candlestick membentuk pola hanging man. Namun demikian formasi candlestick yang terbentuk di puncak tren berpotensi memberi sinyal yang rancu ditengah tingginya aksi jual investor asing kemarin. Oleh karena itu kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,250 Buy on weakness 7,775 8,025 8,475 8,675
BMTR 610 Sell on Strength 515 575 620 655
ERAA 870 Sell on Strength 800 840 880 950
SCMA 2,130 Buy on weakness 1,960 2,060 2,190 2,310

*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 13 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,926.2 5,939.5 5,967.1
  • Dow Jones closed 0.14% lower at 22,841 levels as US earnings sentiments affect market.
  • EIDO closed 0.53% higher at 26.7 levels expected to support IDX this morning.
  • Technical rebound drove IDX higher yesterday backed by foreign net buy, may send IDX higher to reach its previous all-time high at 5,951 levels.
  • In all we expect IDX to trade mixed today.
ASII

Trading Buy

S2 S1 Level R1 R2
7,825 8,025 8,200 8,325 8,575

ASII edged higher with a full white candle and a break on horizontal resistance with a strong volume that could lead to another favorable potential.

CPIN

Sell on Strength

S2 S1 Level R1 R2
2,800 2,920 3,090 3,180 3,280

CPIN closed the session higher near its long term diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

PGAS

Trading Buy

S2 S1 Level R1 R2
1,390 1,520 1,590 1,730 1,885

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

SRIL

Trading Buy

S2 S1 Level R1 R2
318 344 382 398 420

SRIL ended the trading positively after break above horizontal resistance 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 13 October 2017


Pasar Eropa dan Amerika diperdagangkan mixed kemarin. Dow Jones turun 0.14% ditutup pada level 22,841 ditengah sentimen kinerja keuangan perusahaan Amerika. EIDO naik 0.53% ditutup pada level 26.7 diharapkan menopang IHSG pada sesi pembukaan hari ini. IHSG mengalami teknikal rebound didukung aksi beli investor asing kemarin dan berpotensi menguji level tertinggi sebelumnya pada level 5,951. Kami memperkirakan IHSG bergerak mixed akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,200 Trading Buy 7,825 8,025 8,325 8,575
CPIN 3,090 Sell on Strength 2,800 2,920 3,180 3,280
PGAS 1,590 Trading Buy 1,390 1,520 1,730 1,885
SRIL 382 Trading Buy 318 344 398 420

*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 08 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,832.3 5,914.0 5,950
  • Dow closed 0.1% lower at 21,784.78 level however EIDO managed to close 0.53% higher at 26.79 level, thus may support IDX this morning.
  • Regional market traded mixed this morning.
  • IDX closed right on its diagonal resistance line yesterday although foreign investors recorded large amount of sell-offs on the equity market.
  • We expect IDX to trade mixed with negative tendency today.
ASII

Sell

S2 S1 Level R1 R2
7,250 7,525 7,650 7,850 8,000

ASII was still in the negative territory with the break on horizontal support in the middle of a high enough volume indicating a further downside potential.

BBNI

Sell on Strength

S2 S1 Level R1 R2
6,825 7,075 7,300 7,450 7,650

BBNI edged higher but with a position near its recent high possibly trimming a further upside potential.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,625 5,775 5,950 6,000 6,175

JSMR closed the session higher near its diagonal resistance area with a thin volume dan overbought RSI trend that could limit the upswing.

SMGR

Trading Buy

S2 S1 Level R1 R2
9,200 9,500 9,825 10,050 10,350

SMGR ended the trading positively with bullish engulfing pattern after on a weak trend in the last 3 days creating a technical rebound.

* 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 08 September 2017


 Bursa Eropa dan Dow Jones diperdagangkan mixed kemarin. Dow turun 0.1% ditutup pada level 21,784.78 namun EIDO naik 0.53% ditutup pada level 26.79 sehingga dapat menopang IHSG pagi ini. Bursa regional diperdagangkan mixed pagi ini. IHSG ditutup tepat pada garis diagonal resisten kuat kemarin dengan minat jual investor asing yang masih tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,650 Sell 7,250 7,525 7,850 8,000
BBNI 7,300 Sell on Strength 6,825 7,075 7,450 7,650
JSMR 5,950 Sell on Strength 5,625 5,775 6,000 6,175
SMGR 9,825 Trading Buy 9,200 9,500 10,050 10,350

*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 24 August 2017

 

S2 S1 IDX R1 R2
5,835 5,880   5,915.3 5,950 6,000
  • European market traded sideways and closed slightly negative at the end of last week while Dow Jones closed 0.14% higher and closed at 21,813.6 levels.
  • Regional market sideways this morning.
  • IDX closed at al-time high last Friday although momentum analysis revealed negative divergence.
  • In all we expect IDX to trade sideways today.
ASII

Hold

S2 S1 Level R1 R2
7,650 7,775 8,000 8,225 8,550

ASII gets technical rebound but with declining trading volume and closed at its recent high last Friday. ASII seemed making inverted flag pattern, will be valid if it break below recent low level, or S1.

BBRI

Hold

S2 S1 Level R1 R2
14,775 15,000 15,300 15,500 16,000

BBRI traded sideways near all-time high level, or R1. During the last 4 weeks BBRI traded positive but with relatively low trading volume thus make it vulnerable to profit taking actions.

BMRI

Hold

S2 S1 Level R1 R2
12,750 13,050 13,175 13,350 13,650

BMRI traded sideways within the last few weeks near its strong diagonal support line. A break below the line, which also crossed with recent low level (S1),may trigger major price correction.

TLKM

Hold

S2 S1 Level R1 R2
4,650 4,710 4,770 4,800 4,840

TLKM traded sideways near its strong diagonal support line. Since mid June TLKM traded higher but with relatively small trading volume thus make it vulnerable to profit taking actions.

* 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.