Daily Research 05 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,742.5 5,770.6 5,837.2
  • Dow Jones closed 62.1 point higher at all-time high 21,206.3 levels, backed by US economic data as unemployment rate down to 4.3% from 4.4% previously reported.
  • Regional bourses traded relatively mixed this morning after London attack yesterday.
  • IDX traded slightly higher last Friday and closed at strong diagonal resistance line.
  • We expect IDX to trade mixed with negative tendency today as investor realize profits.
ASII

Sell on Strength

S2 S1 Level R1 R2
8,500 8,775 9,000 9,150 9,450

ASII ended positively the session supported by a high enough volume but closed near its horizontal resistance that could limit the upswing.

CTRA

Trading Buy

S2 S1 Level R1 R2
1,050 1,115 1,160 1,230 1,300

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

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,200 5,325 5,475

JSMR ended the trading negatively with shooting star pattern after fail to break above its diagonal resistance and overbought RSI trend indicating a further downturn.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,185 1,250 1,330 1,370 1,430

RALS closed the session higher near in its diagonal resistance with declining volume 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 05 June 2017

Dow Jones naik 62.1 poin ditutup pada level tertinggi baru pada 21,206.3 didukung data tenaga kerja di Amerika dimana tingkat pengangguran turun mencapai level 4.3%. Bursa kawasan regional diperdagangkan mixed pagi ini setelah serangan di pusat kota London kemarin. IHSG naik hari Jumat namun masih tertahan oleh diagonal resisten kuat. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini seiring langkah profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ASII 9,000 Sell on Strength 8,500 8,775 9,150 9,450
CTRA 1,160 Trading Buy 1,050 1,115 1,230 1,300
JSMR 5,200 Sell on Strength 5,000 5,150 5,325 5,475
RALS 1,330 Sell on Strength 1,185 1,250 1,370 1,430

*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 18 May 2017

S2 S1 IDX R1 R2
5,534 5,577   5,615.5 5,688 5,725
  • Dow Jones closed 372.8 point lower (-1.8%) at 20,606.9 levels as investors concerns about Mr. Trump’s policies. EIDO closed 2.56% lower at 25.84 levels.
  • Regional bourses traded negative this morning.
  • IDX closed below its recent low, which also break short term diagonal support line, thus selling pressure expected to persist today.
  • We expect IDX to trade on negative territory today.
ASII

Sell on Strength

S2 S1 Level R1 R2
7,900 8,150 8,350 8,700 9,000

ASII closed below its recent low. ASII’s price pattern also showed a break to its short term diagonal support line which ends its short term uptrend channel. ASII may trade lower to test its support levels.

BBNI

Sell on Strength

S2 S1 Level R1 R2
6,150 6,400 6,500 6,725 6,900

BBNI seemed making double top formation as its second peak is lower compared to its first peak. A break below short term diagonal support line may trigger price correction.

BBRI

Sell on Strength

S2 S1 Level R1 R2
13,725 13,975 14,100 14,300 14,550

BBRI’s candlestick formed bearish harami pattern which may limit upside potentials. BBRI may trade lower to test its resistance levels.

PTPP

Trading Buy

S2 S1 Level R1 R2
2,700 2,840 2,950 2,980 3,200

PTPP seemed making double bottom formation. The pattern valid if PTPP break above recent high level (R1) with price target set at R2.

* 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 18 May 2017

Dow Jones turun 372.8 poin (-1.8%) ditutup pada level 20,606.9 kemarin dipicu kekuatiran pasar atas kebijakan dalam negri Amerika yang dilakukan Donald Trump. Safe haven asset seperti obligasi Pemerintah Amerika Serikat dan Yen naik seiring tingginya faktor ketidakpastian pasar. Bursa kawasan regional diperdagangkan negatif pagi ini. EIDO turun 2.56% ditutup pada level 25.84. IHSG turun dibawah level terendah sebelumnya, yang juga menembus garis diagonal support jangka pendek, sehingga potensi penurunan lanjutan masih mungkin terjadi hari ini. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,350 Sell on Strength 7,900 8,150 8,700 9,000
BBNI 6,500 Sell on Strength 6,150 6,400 6,725 6,900
BBRI 14,100 Sell on Strength 13,725 13,975 14,300 14,550
PTPP 2,950 Trading Buy 2,700 2,840 2,980 3,200

*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 12 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,653.1 5,715.1 5,750
  • Dow Jones closed 23.6 lower at 20,919.4 level after weak retail sales data.
  • Nikkei traded 0.15% lower this morning due to lack of positive catalyst.
  • IDX traded down near its recent low. Thus a break below 5,647 levels may trigger IDX correction.
  • We expect IDX to trade mixed with negative tendency today.
ASII

Speculative Buy

S2 S1 Level R1 R2
8,375 8,500 8,600 8,710 8,850

ASII closed the session negative in its diagonal support and with open gap down that could dampen a further downside movement.

BSDE

Buy on Weakness

S2 S1 Level R1 R2
1,600 1,705 1,760 1,830 1,910

BSDE ended the trading negatively with a high volume but with the presences of several supports that could limit the downswing.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,185 1,250 1,300 1,370 1,460

RALS was in the negative side followed by a bearish engulfing indicating a further downside potential.

SILO

Speculative Buy

S2 S1 Level R1 R2
11,900 12,275 12,350 13,700 14,000

SILO ended the trading ne g a tively near its diagonal support without volume and near oversold RSI trend that could dampen a further 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.

Kiwoom Trader 12 May 2017

Dow Jones turun 23.6 poin ditutup pada level 20,919.4 kemarin seiring turunnya data penjualan ritel. Nikkei turun 0.15% pagi ini seiring sepinya sentimen bursa dunia. IHSG turun mendekati level terendah sebelumnya. Penembusan IHSG dibawah 5,647 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,600 Speculative Buy 8,375 8,500 8,710 8,850
BSDE 1,760 Buy on Weakness 1,600 1,705 1,830 1,910
RALS 1,300 Sell on Strength 1,185 1,250 1,370 1,460
SILO 12,350 Speculative Buy 11,900 12,275 13,700 14,000

*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,

Daily Research 25 April 2017

S2 S1 IDX R1 R2
5,512.7 5,568.1   5,595.3 5,657.8 5,700
  • Dow Jones and European bourses closed higher on relief rally as the market cheered over results of the first round of French Presidential election.
  • IDX traded higher last Friday, near its recent highs.
  • We expect IDX to trade higher today, backed by positive sentiments from regional bourses and the result of unaudited 1Q 2017 financial reports due this week.
ASII

Sell on Strength

S2 S1 Level R1 R2
8,400 8,600 9,150 9,200 9,300

ASII closed the session higher followed with a high volume and a presence of its diagonal resistance and overbought RSI trend that could limit the upside turn.

JSMR

Speculative Buy

S2 S1 Level R1 R2
4,300 4,410 4,470 4,600 4,720

JSMR ended the trading negatively near in its diagonal support without volume that could limit the downturn.

PWON

Sell on Strength

S2 S1 Level R1 R2
555 590 610 620 645

PWON was in the positive side but with a close near its horizontal resistance that could limit upswing.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,090 4,250 4,420 4,550 4,710

TLKM moved up significan tl y with a high volume but with a presence of a long term horizontal resistance suggesting a correction 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.