Daily Research 11 July 2017

S2 S1 IDX R1 R2
5,662.7 5,731.1   5,771.5 5,839.9 5,910.2
  • Dow Jones closed 5.8 point lower at 21,408.5 levels ahead of 1H 2017 earning season.
  • Regional bourses traded flat with positive tendency this morning.
  • IDX closed lower near strong diagonal support line as foreign investors booked a rather high net sell positions. A break below the line may trigger market correction.
  • We expect IDX to trade mixed with positive tendency today, backed by positive regional indices.
BBRI

Buy on Weakness

S2 S1 Level R1 R2
13,750 14,375 14,725 15,075 15,505

BBRI closed the trading negatively with a long black candle pattern and a high enough volume indicating a further downside movement.

BBTN

Buy on Weakness

S2 S1 Level R1 R2
2,250 2,360 2,390 2,570 2,690

BBTN still continue the session lower without volume and near oversold RSI trend and a presence of its several horizontal support levels that could dampen a further downside movement.

LPKR

Sell on Strength

S2 S1 Level R1 R2
655 690 710 740 790

LPKR moved up supported by a strong volume but with a presence of its horizontal resistance that could dampen this upswing.

UNVR

Speculative Buy

S2 S1 Level R1 R2
45,300 46,000 46,725 48,500 49,200

UNVR ended the trading negatively with a long black candle pattern in diagonal support with a thin volume suggesting a limited downside 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 11 July 2017

 

Dow Jones turun 5.8 poin ditutup pada level 21,408.5 menjelang keluarnya kinerja emiten periode 1H 2017. Bursa kawasan regional diperdagangkan mendatar dengan kecenderungan positif pagi ini. IHSG turun mendekati garis diagonal support kuat. Penembusan ke bawah garis tersebut berpotensi memicu koreksi pasar. Investor asing membukukan nilai jual bersih dalam perdagangan saham kemarin. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini didukung sentimen pasar regional.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,725 Buy on Weakness 13,750 14,375 15,075 15,505
BBTN 2,390 Buy on Weakness 2,250 2,360 2,570 2,690
LPKR 710 Sell on Strength 655 690 740 790
UNVR 46,725 Speculative Buy 45,300 46,000 48,500 49,200

*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 04 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,910.2 5,930.0 5,970.0
  • Dow Jones closed 0.6% higher at 21,479.3 level ahead of 4th July Independence Day.
  • Regional bourses traded relatively positive this morning.
  • IDX closed higher at fresh new highs but it closed at strong diagonal resistance line which cap positive momentum.
  • We expect IDX to trade relatively negative today as investors lock profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
14,250 14,800 15,500 16,000 16,500

BBRI closed a session higher with a high volume but closed in its diagonal resistance and near overbought RSI trend that could limit the upswing.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,300 8,600 8,775 8,925 9,200

INDF traded higher within the last 4 days and closed near its horizontal resistance line, and thus limit upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,200 2,290 2,350 2,430 2,540

PGAS was in the positive side followed by an increasing volume indicating a further up potential.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,420 4,500 4,790 4,850 5,000

TLKM ended the trading positively with a high volume but closed in its diagonal resistance and overbought RSI trend that could limit the upswing.

* 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 July 2017

Dow Jones naik 0.6% ditutup pada level 21,479.3 kemarin menjelang libur perayaan hari kemerdekaan 4 Juli. Bursa regional diperdagangkan relatif positif pagi ini. IHSG membukukan rekor tertinggi baru kemarin namun ditutup tepat pada garis diagonal resisten kuat. Potensi penguatan IHSG hari ini cukup terbatas. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring langkah profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BBRI 15,500 Sell on Strength 14,250 14,800 16,000 16,500
INDF 8,775 Sell on Strength 8,300 8,600 8,925 9,200
PGAS 2,350 Trading Buy 2,200 2,290 2,430 2,540
TLKM 4,790 Sell on Strength 4,420 4,500 4,850 5,000

*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 26 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,703.4 5,730.6 5,791.8
  • Dow Jones closed 70.5 point higher at 21,082.9 levels.
  • Regional bourses traded negative this morning due to weak oil price despite OPEC agreement to extend production cap until March 2018.
  • IDX closed at its short term diagonal support line. A break below the line, or 5,678 may send IDX lower.
  • We expect IDX to trade lower today.
BBRI

Buy on Weakness

S2 S1 Level R1 R2
13,200 13,975 14,150 14,500 15,300

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

CTRA

Buy on Weakness

S2 S1 Level R1 R2
1,030 1,095 1,120 1,185 1,235

CTRA moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

ISAT

Speculative Buy

S2 S1 Level R1 R2
9,775 10,400 10,850 11,500 12,275

ISAT ended the trading negatively in its long term diagonal support without volume and oversold RSI trend that could dampen a further downside movement.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,270 2,350 2,460 2,530 2,590

PGAS closed the session higher above its short term diagonal resistance with high enough 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 26 May 2017

Dow Jones naik 70.5 poin ditutup pada level 21,082.9. Bursa regional diperdagangkan negatif pagi ini seiring pelemahan harga minyak dunia kendati pertemuan OPEC menyetujui perpanjangan pembatasan produksi hingga Maret 2018. Para pelaku pasar menginginkan OPEC menurunkan tingkat produksi minyak lebih dalam. Menantu Presiden Donald Trump, Jared Kushner, yang juga bertindak sebagai penasehat senior kepresidenan Amerika saat ini dikabarkan tengah berada dalam pengawasan ketat FBI terkait investigasi hubungan dengan pihak Rusia. Hal tersebut berpotensi kembali membayangi pergerakan Dow hari Jumat. IHSG ditutup tepat pada garis diagonal support jangka pendek. Penutupan IHSG dibawah level 5,678 berpotensi memicu koreksi IHSG. Kami memperkirakan IHSG kembali bergerak negatif akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,150 Buy on Weakness 13,200 13,975 14,500 15,300
CTRA 1,120 Buy on Weakness 1,030 1,095 1,185 1,235
ISAT 10,850 Speculative Buy 9,775 10,400 11,500 12,275
PGAS 2,460 Trading Buy 2,270 2,350 2,530 2,590

*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.