Daily Research 23 Mei 2018

S2 S1 IDX R1 R2
5,597.7 5,674.0 5,751.1 5,835.0 5,919.2
  • Dow Jones closed 0.7% lower at 24,834 after President Trump comments on US-North Korea meeting and doubts on US-China trade talks last week.
  • Regional market traded mixed this morning.
  • IDX’s candlestick formed inverted hammer pattern near recent low which indicate persistence of selling pressure.
  • In all we expect IDX to trade lower today due to concerns of currency depreciation and rising treasury yields ahead of two public holidays next week.
ANTM

Buy on Weakness

S2 S1 Level R1 R2
805 835 845 900 935

ANTM ended the trading negatively near diagonal support with a thin volume suggesting a limited downside potential.

ASII

Trading Buy

S2 S1 Level R1 R2
6,200 6,400 6,950 7,050 7,275

ASII closed the session higher with long white candle and followed by higher volume indicating another upside potential.

BBNI

Buy on Weakness

S2 S1 Level R1 R2
6,650 7,000 7,125 7,550 8,000

BBNI ended the trading negatively near diagonal support with a thin volume and oversold RSI trend suggesting a limited downside potential.

CTRA

Sell on Strength

S2 S1 Level R1 R2
800 850 880 970 1,015

CTRA ended the trading negatively after break below diagonal support with higher volume indicating a further downturn.

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Kiwoom Trader 23 Mei 2018

Bursa Eropa ditutup positif namun Dow Jones turun 0.7% pada level 24,834 atas komentar Presiden Trump yang menyatakan keraguan atas pertemuan dengan Korea Utara serta pembicaraan terkait perdagangan dengan China pekan lalu. Bursa regional diperdagangkan mixed pagi ini. Candlestick IHSG membentuk inverted hammer dekat level terendah sebelumnya, mengindikasikan masih adanya tekanan jual. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dipicu kenaikan tingkat imbal hasil obligasi Pemerintah Indonesia serta depresiasi kurs Rupiah menjelang banyaknya hari libur minggu depan.

Stock Closing Rec. S2 S1 R1 R2
ANTM 845 Buy on Weakness 805 835 900 935
ASII 6,950 Trading Buy 6,200 6,400 7,050 7,275
BBNI 7,125 Buy on Weakness 6,650 7,000 7,550 8,000
CTRA 880 Sell on Strength 800 850 970 1,015

Daily Research 11 Mei 2018

S2 S1 IDX R1 R2
5,590.5 5,708.1 5,708.1 5,952.1 6,054.6
  • Dow Jones closed 0.8% higher at 24,739 due to eased concerns over aggressive rate hike by the Fed after release inflation data which lower than expected.
  • Regional market traded positive this morning as US and North Korea plans to meet next month.
  • IDX’s candlestick formed bullish engulfing pattern which may support for another positive sessions today.
  • EIDO gained 3% after 9 May closing price, expected to support continuation of positive momentum today.
  • In all we expect IDX to trade positive today although investor tend to lock profit ahead of weekend.
ASII

Trading Buy

S2 S1 Level R1 R2
6,650 6,750 7,100 7,175 7,350

ASII closed the session higher with bullish engulfing pattern followed by high enough volume indicating another upside potential.

BBNI

Trading Buy

S2 S1 Level R1 R2
7,325 7,745 8,050 8,375 8,725

BBNI closed the trading higher with a high enough volume after on a weak trend in the few days creating a technical rebound.

BBRI

Trading Buy

S2 S1 Level R1 R2
2,960 3,095 3,210 3,290 3,390

BBRI closed the session higher with long white candle pattern after break above resistance line indicating another upside potential.

UNVR

Trading Buy

S2 S1 Level R1 R2
45,000 47,050 49,450 50,775 52,100

UNVR closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

Kiwoom Trader 11 Mei 2018

Bursa Eropa dan Amerika bergerak positif dengan Dow Jones naik 0.8% pada level 24,739 setelah rilis data inflasi yang lebih rendah dari perkiraan semula, meredakan kekuatiran pasar atas potensi kenaikan tingkat bunga yang agresif oleh the Fed. Bursa regional bergerak cenderung positif pagi ini seiring berita rencana pertemuan Amerika dengan Korea Utara bulan Juni mendatang. Candlestick IHSG membentuk pola bullish engulfing sehingga berpeluang melanjutkan rebound hari ini. EIDO naik 3% sejak penutupan 9 Mei lalu. Kami memperkirakan IHSG bergerak positif hari ini kendati dibayangi aksi profit taking memasuki akhir pekan.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,100 Trading Buy 6,650 6,750 7,175 7,350
BBNI 8,050 Trading Buy 7,325 7,745 8,375 8,725
BBRI 3,210 Trading Buy 2,960 3,095 3,290 3,390
UNVR 49,450 Trading Buy 45,000 47,050 50,775 52,100

Kiwoom Trader 16 April 2018

Bursa Eropa ditutup sedikit menguat akhir pekan lalu. Dow Jones turun 0.5% pada level 24,360 dipicu koreksi saham sektor bank seiring keluarnya kinerja keuangan 1Q 2018. Bursa global dibayangi isu geopolitik pasca serangan rudal ke Syria yang dipimpin Inggris, Perancis, dan Amerika Serikat. Bursa regional diperdagangkan mendatar pagi ini. IHSG ditutup negatif hari Jumat untuk menguji level support kendati Indonesia mendapat kenaikan peringkat utang dari Moody’s. Kami memperkirakan IHSG bergerak mendatar hari ini dibayangi faktor eksternal.

Stock Closing Rec. S2 S1 R1 R2
BBNI 8,825 Sell On Strength 8,200 8,575 8,975 9,350
INCO 3,230 Hold 3,020 3,150 3,330 3,480
MAPI 8,300  Sell On Strength 7,700 7,900 8,500 8,700
SIDO 745  Sell On Strength 657 690 760 780

 

Daily Research 16 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,270.3 6,410.7 6,500.8
  • Dow Jones closed 0.5% lower at 24,360 as bank
    shares dropped after published 1Q 2018 financial
    results. Geopolitical tensions increase as US, UK and
    France strike Syrian facilities.
  • Regional market traded sideways this morning.
  • IDX closed lower last Friday to test its support levels
    although Moody’s lift Indonesia credit rating.
  • We expect IDX to trade sideways today as external
    factors weigh sentiments. y
BBNI

Sell On Strength

S2 S1 Level R1 R2
8,200 8,575 8,825 8,979 9,350

BBNI closed the session higher in short term diagonal resistance and with a thin volume that could limit up swing.

INCO

Hold

S2 S1 Level R1 R2
3,020 3,150 3,230 3,330 3,480

INCO closed the session higher above its short horizontal resistance with high enough volume indicating another upside potential.

MAPI

Sell on Strength

S2 S1 Level R1 R2
7,700 7,900 8,300 8,500 8,700

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

SIDO

Sell on Strength

S2 S1 Level R1 R2
675 690 745 760 780

SIDO closed the session higher with a thin volume and overbought RSI trend suggesting a limited upside potential.

Kiwoom Trader 29 March 2018

Bursa Eropa dan Amerika diperdagangkan mixed menjelang libur Paskah. Dow Jones hanya turun 9 poin ditutup pada level 23,848 kendati dibayangi sentimen negatif saham sektor teknologi seperti Amazon, Apple, dan Netflix. Bursa regional diperdagangkan mixed pagi ini menjelang libur panjang akhir pekan. IHSG turun dibawah level terendah sebelumnya dan berpotensi mengalami koreksi lanjutan. Kami memperkirakan IHSG diperdagangkan mixed cenderung menurun hari ini seiring masih cukup tingginya minat jual investor asing menjelang libur Paskah.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,100 Hold 1,980 2,040 2,180 2,250
AKRA 5,600 Buy on weakness 5,400 5,550 5,800 6,025
BBNI 8,650 Sell 8,000 8,325 8,975 9,350
INTP 16,475 Sell on strength 15,075 16,000 17,675 18,425