Daily Research 04 November 2016

kiwoom-research-kamis

S2 S1 IDX R1 R2
5,275 5,302   5,329.5 5,350 5,375
  • Dow Jones and regional markets still on downside tendencies would send in the unfavorable pressure.
  • The IDX again was under pressure in the middle of a rather high foreign sentiment yesterday that could lead to another weak potential.
  • So, we predict that the IDX would be in the negative side today.

Daily Research:

ASRI

Speculative buy

S2 S1 Level R1 R2
380 412 240 442 462

ASRI took a weak turn with a l ow volume, a close near diagonal support and an oversold RSI trend suggesting a limited downside potential.

ICBP

Speculative buy

S2 S1 Level R1 R2
8,150   8,500 8,800 9,350 9,800

ICBP was on the weak side followed by a high volume but with a close near its diagonal support as well as an oversold RSI that could possibly limit the downswing.

SMRA

Buy on weakness

S2 S1 Level R1 R2
1,300 1,375 1,430 1,500 1,570

SMRA still carried on the downturn with a high enough volume. But so, a presence of a horizontal support and an oversold RSI indicator would limit the negative movement.

WSKT

Trading buy

S2 S1 Level R1 R2
2,345 2,410 2,480 2,550 2,620

WSKT moved in the negative area with a long black candle and a close at its horizontal support that could potentially create a technical rebound opportunity.

* 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 04 November 2016

kiwoom-trader-jumat

Dow Jones industrial average turun 28.97 poin, atau 0.16%, pada 17,930.67. Nasdaq Composite juga turun 47.16 poin, atau 0.92%, pada 5,058.41. Wall Street masih berada di kisaran negatif pada hari Kamis dipicu pelemahan harga saham Facebook dan menjelang pemilihan presiden minggu depan.

Stock Closing Rec. S2 S1 R1 R2
ASRI 412 Speculative buy 380 405 442 462
ICBP 8,800 Speculative buy 8,150 8,500 9,350 9,800
SMRA 1,430 Buy on weakness 1,300 1,375 1,500 1,570
WSKT 2,480 Trading buy 2,345 2,410 2,550 2,620

*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.

Daily Research 18 October 2016

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,381 5,399   5,410.3 5,425 5,457
  • Mixed global markets would affect the trading direction.
  • The IDX remained in the positive side yesterday with a close above psychological level of 5,400 and appearing foreign buying interest in which could create a favorable opportunity.
  • So, we predict that the IDX would be in the positive side for today.

Daily Research:

AALI

Sell on Strength

S2 S1 Level R1 R2
14,400 14,850 15,875 15,900 16,375

AALI ended the trading pos iti v ely but with a close near its diagonal resistance and a low volume that could dampen the upswing.

ASRI

Buy on Weakness

S2 S1 Level R1 R2
404 430 442 462 484

ASRI was on the weak side yesterday but a thin volume and near its diagonal support that could limit the downside turn.

BBNI

Sell on strength

S2 S1 Level R1 R2
5,200 5,350 5,500 5,625 5,800

BBNI moved higher during 3 days in a row but with a position near its diagonal resistance suggesting a limited positive movement.

CTRA

Buy on weakness

S2 S1 Level R1 R2
1,405 1,495 1,540 1,600 1,675

CTRA moved in the positive territory with a bullish engulfing pattern but with the presences of several supports that could expectedly trim the downswing.

* 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 October 2016

kiwoom-trader-selasa 

Dow Jones industrial average turun 51.98 poin, atau 0.29%, pada 18,086.40. Nasdaq Composite juga turun 14.34 poin, atau 0.27%, pada 5,199.82. Wall Street berada di kisaran negatif pada hari Senin mengikuti pelemahan harga minyak dan sektor konsumer discretionary.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,875 Sell on strength 14,400 14,850 15,900 16,375
ASRI 442 Buy on weakness 404 430 462 484
BBNI 5,500 Sell on strength 5,200 5,350 5,625 5,800
CTRA 1,540 Buy on weakness 1,405 1,495 1,600 1,675

*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.

Daily Research 15 September 2016

kiwoom-research-jumat

S2 S1 IDX R1 R2
5,100 5,125   5,146.0 5,175 5,200
  • Mixed global markets would not help improving the sentiment.
  • The IDX was under pressure once again with the break on the psychological level of 5,200 and rising foreign selling actions yesterday. But so, a position near the oversold area and an open gap would potentially dampen the downswing.
  • Therefore, we predict that the IDX would be in the negative side today.

 

Daily Research:

AALI

Buy on weakness

S2 S1 Level R1 R2
14,400 15,200 15,450 16,200 17,000

AALI was on the weak side near its diagonal support and a low volume so that a further downturn maybe in a limited range.

ASRI

Sell on strength

S2 S1 Level R1 R2
2,430 2,520 2,560 2,620 2,680

ASRI managed a rebound after taking pressure lately. But so, a lack of volume would limit the upside opportunity.

BBTN

Speculative buy

S2 S1 Level R1 R2
1,800 1,885 1,920 2,010 2,080

BBTN ended the session n e g atively with the break on diagonal support and a high volume suggesting another weak potential.

WIKA

Trading buy

S2 S1 Level R1 R2
2,450 2,610 2,690 2,770 2,900

WIKA still carried on the weak turn with a long black candle pattern but the presences of several supports and an oversold RSI trend would limit the downswing.

* 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 September 2016

 kiwoom-trader-jumat

Dow Jones industrial average melemah 31.98 poin, atau 0.18%, pada 18,034.77. Namun, Nasdaq Composite menguat 18.52 poin, atau 0.36%, pada 5,173.77. Wall Street bergerak mixed pada hari Rabu di tengah kekhawatiran kebijakan suku bunga dan naiknya harga saham Apple.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,450 Buy on weakness 14,400 15,200 16,200 17,000
ASRI 2,560 Sell on strength 2,430 2,520 2,620 2,680
BBTN 1,920 Speculative buy 1,800 1,885 2,010 2,080
WIKA 2,690 Trading buy 2,450 2,610 2,770 2,900

*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.

Daily Research 30 August 2016

 

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,320 5,350 5,370.7 5,403 5,427
  • Mixed global bourses would not send in any support.
  • The IDX was down once again with the break on its support of an uptrend channel and also a presence of foreign selling interest that could push for another downside movement.
  • So, we predict that the IDX would be in the negative side for today. Continue reading