Daily Research 08 January 2018

S2 S1 IDX R1 R2
6,109.5 6,181.9 6,353.7 6,366.1 6,445.9
  • Dow Jones closed 0.9% higher at fresh new high 25,295.9 levels backed by positive sentiment over US tax reform. EIDO climbed 1.2% closed at 28.98 levels
    last Friday.
  • Regional market opened positive this morning.
  • Lower US Dollar Index support Rupiah appreciation and commodity prices.
  • IDX on a technical rebound last Friday which closed near its all-time high level.
  • In all we expect IDX to trade positive today to test its recent high and its resistances.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,750 9,100 9,300 9,525 9,850

BBNI took a negative step followed by a formation of a long black candle yesterday suggesting a further weak sign.

HRUM

Trading Buy

S2 S1 Level R1 R2
2,140 2,260 2,360 2,430 2,510

HRUM ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,870 3,000 3,170 3,260 3,400

INCO ended the trading positively near resistance area with a thin volume and overbought RSI trend that could limit the upswing.

PTBA

Trading Buy

S2 S1 Level R1 R2
2,350 2,440 2,610 2,655 2,735

PTBA closed the session higher with long white candle pattern and followed by 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.

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Daily Research 08 January 2018

S2 S1 IDX R1 R2
6,109.5 6,181.9 6,353.7 6,366.1 6,445.9
  • Dow Jones closed 0.9% higher at fresh new high 25,295.9 levels backed by positive sentiment over US tax reform. EIDO climbed 1.2% closed at 28.98 levels
    last Friday.
  • Regional market opened positive this morning.
  • Lower US Dollar Index support Rupiah appreciation and commodity prices.
  • IDX on a technical rebound last Friday which closed near its all-time high level.
  • In all we expect IDX to trade positive today to test its recent high and its resistances.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,750 9,100 9,300 9,525 9,850

BBNI took a negative step followed by a formation of a long black candle yesterday suggesting a further weak sign.

HRUM

Trading Buy

S2 S1 Level R1 R2
2,140 2,260 2,360 2,430 2,510

HRUM ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,870 3,000 3,170 3,260 3,400

INCO ended the trading positively near resistance area with a thin volume and overbought RSI trend that could limit the upswing.

PTBA

Trading Buy

S2 S1 Level R1 R2
2,350 2,440 2,610 2,655 2,735

WSKT ended trading positively with long white candle after break above 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 08 January 2018


Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu didukung sentimen reformasi pajak Amerika. Dow Jones naik 0.9% ditutup pada level tertinggi baru 25,295.9. EIDO naik 1.2% ditutup pada level 28.98 hari Jumat. Bursa regional diperdagangkan positif pagi ini. Penurunan US Dollar Index mendorong apresiasi kurs Rupiah dan menopang harga komoditas. Harga energi dunia cukup bertahan pada level yang tinggi, diharapkan dapat kembali menopang sentimen pasar di sektor komoditas. IHSG mengalami teknikal rebound hari Jumat ditutup dekat level tertinggi sebelumnya. Kami memperkirakan IHSG bergerak positif hari ini menguji level tertinggi sebelumnya.

Stock Closing Rec. S2 S1 R1 R2
BBNI 9,300 Sell on Strength 8,750 9,100 9,525 9,850
HRUM 2,360 Trading Buy 2,140 2,260 2,430 2,510
INCO 3,170 Sell on Strength 2,870 3,000 3,260 3,400
PTBA 2,610 Trading Buy 2,350 2,440 2,655 2,735

*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 14 December 2017

S2 S1 IDX R1 R2
5,954.7 6,000.5 6,054.6 6,070.7 6,098.8
  • US stocks moved higher after The Fed continues  raising interest rate.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI successfully bounced from its MA20 support with significant strengthening. Support 5,990 and resistance 6,015.
  • Bank Indonesia is expected to keep its benchmark interest rate at 4.25% on today’s decision.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,250 8,575 9,100 9,300 9,500

BBNI closed the session all time high but with a thin volume and overbought RSI trend that could limit the upside turn.

INDF

Buy

S2 S1 Level R1 R2
7,000 7,325 7,475 7,650 7,850

INDF managed a rebound after on a weak trend followed by an increasing volume that could lead to further upside movement.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,145 1,200 1,260 1,290 1,350

JPFA ended the trading positively with higher volume indicating another upside potential.

LPPF

Trading Buy

S2 S1 Level R1 R2
8,675 9,650 10,250 10,775 11,600

LPPF closed the session higher with a long white candle pattern suggesting a further upside 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 14 December 2017


Indeks saham AS bergerak lebih tinggi setelah The Fed memastikan untuk melanjutkan kenaikan suku bunga. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. IHSG berhasil memantul dari support MA20 nya dengan penguatan yang signifikan. Support 5990, resistance 6015. Bank Indonesia diharapkan masih mempertahankan suku bunga acuan pada 4.25% pada keputusan hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBNI 9,100 Sell on Strength 8,250 8,575 9,300 9,500
INDF 7,475 Buy 7,000 7,325 7,650 7,850
JPFA 1,260 Trading Buy 1,145 1,200 1,290 1,350
LPPF 10,250 Trading Buy 8,675 9,650 10,775 11,600

*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 11 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,031.0 6,053.0 6,098.8
  • US stocks moved higher on the weekend after Non  Farm Payroll data showed growth above expectations.
  • Britain and the EU finally agreed on the initial terms of the separation.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • Although still tend to sideways, but JCI movement has started to show positive momentum to try to rise above its MA20 resistance. Support 5,945 and resistance 6,065.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,100 8,400 8,850 9,000 9,200

BBNI closed the session all time high with a high  enough volume but overbought RSI trend that could limit the upside turn.

CTRA

Trading Buy

S2 S1 Level R1 R2
1,100 1,150 1,190 1,230 1,275

CTRA moved in the positive side followed by a bullish engulfing indicating another favorable opportunity.

PGAS

Sell on Strength

S2 S1 Level R1 R2
1,460 1,610 1,675 1,715 1,825

PGAS kept moving higher but with the presence of several resistance that could limit the current upswing.

SIDO

Trading Buy

S2 S1 Level R1 R2
488 500 550 560 575

SIDO 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.

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.