Daily Research 29 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,841.0 5,914.0 5,950
  • Dow Jones closed 0.18% higher at 22,381.2 levels backed by small cap stocks which will get most benefit from US tax reform package.
  • Regional market traded sideways this morning ahead of long holiday next week to celebrate mid-autumn festival.
  • IDX traded lower and crossed below its strong diagonal support line as investors keep selling Indonesian equities.
  • In all we expect IDX to trade lower today.
BBRI

Speculative Buy

S2 S1 Level R1 R2
13,850 14,200 14,700 15,350 15,675

BBRI closed the session lower in its long term diagonal support with a thin volume but the weakness is still open if the BBRI managed to break below the diagonal support.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,060 3,200 3,300

BBTN closed lower with higher volume. BBTN’s price pattern also showed a break to its short term diagonal support may trigger technical correction.

PTBA

Trading Buy

S2 S1 Level R1 R2
8,200 8,800 10,000 10,300 10,725

PTBA closed the session higher with bullish engulfing pattern and follow by higher volume indicating another upside potential.

UNVR

Speculative Buy

S2 S1 Level R1 R2
47,500 48,575 49,200 50,500 51,000

UNVR ended the trading negatively in long term diagonal support but the weakness is still open if the UNVR managed to break below the diagonal support.

* 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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Kiwoom Trader 29 September 2017


Bursa Eropa dan Amerika ditutup positif kemarin. Dow Jones naik 0.18% ditutup pada level 22,381.2 didukung saham berkapitalisasi pasar kecil sebagai reaksi atas rencana reformasi pajak di Amerika.  Bursa regional diperdagangkan mendatar pagi ini menjelang libur mid-autumn festival minggu depan. IHSG turun dibawah garis diagonal support kuat seiring tingginya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,700 Speculative Buy 13,850 14,200 15,350 15,675
BBTN 3,060 Sell on Strength 2,840 2,960 3,200 3,300
PTBA 10,000 Trading Buy 8,200 8,800 10,300 10,725
UNVR 49,200 Speculative Buy 47,500 48,575 50,500 51,000

*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 25 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,911.7 5,950.0 6,000
  • Dow Jones closed 9.6 point lower at 22,349.6 at the end of last week.
  • Regional market traded positive this morning.
  • IDX closed higher last week near all-time high at 5,915 but not supported by increase in trading volume as foreign investors keep book net sell on the market.
  • In all we expect IDX to trade positive today on possible window dressing actions later this week (end of September).
BBCA

Sell on Strength

S2 S1 Level R1 R2
18,225 18,850 19,875 20,110 20,500

BBCA closed the session all time high break above diagonal resistance but with a thin volume and overbought RSI trend that could limit the upswing.

BBRI

Trading Buy

S2 S1 Level R1 R2
14,500 15,075 15,675 16,000 16,500

BBRI ended the session higher wit a long white candle and a break on its horizontal resistance as well as a high enough volume indicating a further upside potential.

BSDE

Buy on Weakness

S2 S1 Level R1 R2
1,680 1,740 1,765 1,845 1,900

BSDE ended trading negatively near its diagonal  support with a thin volume that could dampen a further downside movement.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,400 4,560 4,640 4,770 4,850

TLKM moved in the negative side and break below horizontal support with high enough volume indicating a further downturn.

* 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 25 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed akhir pekan lalu. Dow Jones turun 9.6 poin ditutup pada level 22,349.6 hari Jumat. Bursa regional diperdagangkan positif pagi ini. IHSG naik mendekati level tertinggi 5,915 hari Jumat namun tidak didukung oleh kenaikan volume perdagangan ditengah masih berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak cenderung positif hari ini atas potensi window dressing akhir bulan September.

Stock Closing Rec. S2 S1 R1 R2
BBCA 19,875 Sell on Strength 18,225 18,850 20,110 20,500
BBRI 15,675 Trading Buy 14,500 15,075 16,000 16,500
BSDE 1,765 Buy on Weakness 1,680 1,740 1,845 1,900
TLKM 4,640 Sell on Strength 4,400 4,560 4,770 4,850

*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 24 August 2017

 

S2 S1 IDX R1 R2
5,835 5,880   5,915.3 5,950 6,000
  • European market traded sideways and closed slightly negative at the end of last week while Dow Jones closed 0.14% higher and closed at 21,813.6 levels.
  • Regional market sideways this morning.
  • IDX closed at al-time high last Friday although momentum analysis revealed negative divergence.
  • In all we expect IDX to trade sideways today.
ASII

Hold

S2 S1 Level R1 R2
7,650 7,775 8,000 8,225 8,550

ASII gets technical rebound but with declining trading volume and closed at its recent high last Friday. ASII seemed making inverted flag pattern, will be valid if it break below recent low level, or S1.

BBRI

Hold

S2 S1 Level R1 R2
14,775 15,000 15,300 15,500 16,000

BBRI traded sideways near all-time high level, or R1. During the last 4 weeks BBRI traded positive but with relatively low trading volume thus make it vulnerable to profit taking actions.

BMRI

Hold

S2 S1 Level R1 R2
12,750 13,050 13,175 13,350 13,650

BMRI traded sideways within the last few weeks near its strong diagonal support line. A break below the line, which also crossed with recent low level (S1),may trigger major price correction.

TLKM

Hold

S2 S1 Level R1 R2
4,650 4,710 4,770 4,800 4,840

TLKM traded sideways near its strong diagonal support line. Since mid June TLKM traded higher but with relatively small trading volume thus make it vulnerable to profit taking actions.

* 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 August 2017

 

 

Bursa Eropa diperdagangkan mendatar dengan kecenderungan menurun akhir pekan lalu. Dow Jones naik 0.14% hari Jumat ditutup pada level 21,813.6. Bursa regional diperdagangkan mendatar pagi ini belum dapat memberi dukungan kepada IHSG. IHSG ditutup pada level tertinggi baru hari Jumat lalu kendati analisa momentum menunjukkan negative divergence. Kami memperkirakan IHSG bergerak mendatar hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,000 Hold 7,650 7,775 8,225 8,550
BBRI 15,300 Hold 14,775 15,000 15,500 16,000
BMRI 13,175 Hold 12,750 13,050 13,350 13,650
TLKM 4,770 Hold 4,650 4,710 4,800 4,840

*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 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.