Daily Research 28 July 2017

S2 S1 IDX R1 R2
5,647.4 5,723.6   5,819.7 5,846.6 5,910.2
  • Dow Jones closed 85.54 point higher at 21,796.55 levels backed by strong 1H 2017 financial results. EIDO closed 0.85% lower at 26.72 levels.
  • Regional bourses traded slightly lower this morning although commodity prices remained strong.
  • IDX traded higher yesterday but it still closed at strong diagonal resistance line.
  • We expect IDX to trade mixed with negative tendency today.
BBNI

Sell on Strength

S2 S1 Level R1 R2
6,850 7,025 7,300 7,400 7,500

BBNI closed the session all time high with a thin volume and overbought RSI Trend that could limit the upswing.

MIKA

Sell on Strength

S2 S1 Level R1 R2
1,930 2,050 2,150 2,180 2,280

MIKA still carried on the weak turn with the presences of several supports that could dampen the downturn.

PTPP

Buy on Weakness

S2 S1 Level R1 R2
2,600 2,710 2,870 2,980 3,210

PTPP was stil in the positive side but with a close near its horizontal resistance that could limit the upside movement.

SCMA

Trading Buy

S2 S1 Level R1 R2
2,050 2,130 2,270 2,350 2,450

SCMA ended the trading positively with a bullish harami pattern and also supported by a high 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 28 July 2017

Dow Jones naik 85.54 poin ditutup pada level 21,796.55 masih didukung sentimen kinerja keuangan 1H 2017. EIDO turun 0.85% ditutup pada level 26.72. Bursa regional diperdagangkan sedikit menurun hari ini ditengah masih kuatnya harga komoditas. IHSG sedikit naik kemarin namun penutupan masih dibawah garis diagonal resisten kuat. Kami memperkirakan IHSG bergerak mendatar cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBNI 7,300 Sell on Strength 6,850 7,025 7,400 7,500
MIKA 2,150 Sell on Strength 1,930 2,050 2,180 2,280
PTPP 2,870 Buy on Weakness 2,600 2,710 2,980 3,210
SCMA 2,270 Trading Buy 2,050 2,130 2,350 2,450

*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,

Kiwoom Trader 13 July 2017

 

Dow Jones naik 0.57% ditutup pada level tertinggi baru 21,532.14 setelah pasar mendengarkan penjelasan Janet Yellen terkait kebijakan moneter serta target inflasi Amerika. Bursa regional diperdagangkan positif pagi ini mengikuti sentimen positif Dow. EIDO naik 2.1% ditutup pada level 27.36 diharapkan dapat menopang awal perdagangan bursa pagi ini. IHSG rebound kemarin setelah mendekati garis diagonal support kuat. IHSG berpotensi naik menguji level tertinggi sebelumya pada level 5,910. Kami memperkirakan IHSG bergerak positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,665 Trading Buy 1,500 1,565 1,700 1,750
BBNI 7,000 Sell on Strength 6,575 6,775 7,200 7,400
CTRA 1,235 Sell on Strength 1,115 1,185 1,245 1,300
PTBA 12,500 Trading Buy 11,500 12,050 12,975 13,850

*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 07 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,849.6 5,910.2 5,950.0
  • Dow Jones closed 158.1 point lower (-0.74%) at 21,320 levels dragged by technology stocks.
  • Regional bourses traded negative this morning triggered by higher global bond yield.
  • IDX closed higher with candlestick formed piercing line pattern which indicates another positive trade today. However foreign net sell increased yesterday.
  • We expect IDX to trade mixed with negative tendency today clouded by negative sentiments from regional bourses.
BBNI

Sell on Strength

S2 S1 Level R1 R2
6,375 6,575 6,775 6,900 7,200

BBNI are relatively up but with a closer near its recent high in which could trim the upside turn.

ICBP

Speculative Buy

S2 S1 Level R1 R2
8,250 8,425 8,525 8,900 9,100

ICBP closed a session lower with a high enough volume but closing near its diagonal support suggesting a limited downside potential.

PNLF

Sell on Strength

S2 S1 Level R1 R2
226 246 256 268 280

PNLF edged higher but with a position near its rather strong horizontal resistance possibly trimming a further upside potential.

SCMA

Speculative Buy

S2 S1 Level R1 R2
2,220 2,280 2,360 2,450 2,540

SCMA closed the trading higher with a strong volume after on a weak trend in the last 8 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 07 July 2017

 Dow Jones turun 158.1 poin ditutup pada level 21,320 dipicu penurunan saham sektor teknologi. Bursa regional pagi ini diperdagangkan cenderung negatif seiring kenaikan tingkat imbal hasil obligasi global. IHSG naik dengan candlestick membentuk pola piercing line mengindikasikan penguatan lanjutan hari ini. Namun demikian naiknya minat jual investor asing kemarin masih membayangi pergerakan IHSG akhir pekan ini. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini mengikuti sentimen bursa regional.

Stock Closing Rec. S2 S1 R1 R2
BBNI 6,775 Sell on Strength 6,375 6,575 6,900 7,200
ICBP 8,525 Speculative Buy 8,250 8,425 8,900 9,100
PNLF 256 Sell on Strength 226 246 268 280
SCMA 2,360 Speculative Buy 2,220 2,280 2,450 2,540

*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,