Daily Research 8 Mei 2018

S2 S1 IDX R1 R2
5,647.4 5,749.3 5,885.1 5,915.7 6,034.4
  • Dow Jones closed 0.4% higher at 24,357 backed by energy stocks as Nymex crude oil price break above US$ 70 per barrel.
  • Regional market traded positive this morning following positive lead from US sessions.
  • IDX rebound and closed downside gap formed last week which may continue trade higher to test its resistance levels.
  • In all we expect IDX to trade mixed with positive tendency today as rebound shadowed by Rupiah depreciation and higher rate expectation ahead of 16-17 May BI’s Board of Governor meeting.
ASII

Sell on Strength

S2 S1 Level R1 R2
6,575 6,875 7,075 7,300 7,450

ASII closed the session lower with a long black candle formation and high enough volume indicating another weak movement.

BBTN

Trading Buy

S2 S1 Level R1 R2
2,420 2,600 2,890 3,060 3,200

BBTN closed the session higher with bullish harami pattern and followed by higher volume indicating another upside potential.

HMSP

Trading Buy

S2 S1 Level R1 R2
3,230 3,380 3,550 3,750 3,950

HMSP edged higher supported by a high enough volume so that could lead to a rebound momentum.

SSIA

Trading Buy

S2 S1 Level R1 R2
460 478 498 515 535

SSIA closed the session higher with hammer pattern and followed by high enough volume indicating another upside potential.

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Kiwoom Trader 8 Mei 2018

ursa Eropa dan Amerika ditutup positif kemarin dengan Dow Jones naik 0.4% pada level 24,357 menjelang keputusan Presiden Amerika terkait Iran. Kenaikan bursa Amerika turut didukung oleh kenaikan saham sektor energi seiring kenaikan harga minyak mentah dunia diatas level US$ 70 per barrel. Bursa regional bergerak cenderung positif mengikuti penutupan bursa Amerika. IHSG naik menutup gap turun yang terjadi minggu lalu dan berpotensi melanjutkan penguatan menguji level resisten. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini karena potensi rebound masih dibayangi depresiasi Rupiah serta kenaikan tingkat imbal hasil menjelang RDG 16-17 Mei.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,075 Sell On    Strength 6,575 6,875 7,300 7,450
BBTN 2,890 Trading Buy 2,420 2,600 3,060 3,200
HMSP 3,550 Trading Buy 3,230 3,380 3,750 3,950
SSIA 498 Trading Buy 460 478 515 535

Kiwoom Trader 23 March 2018

Bursa Eropa dan Amerika turun seiring kebijakan Presiden Donald Trump atas tarif senilai US$ 60 Miliar yang akan dikenakan atas impor dari China. Dow Jones turun 2.9% pada level 23,957.9 dengan EIDO turun 3.6% pada level 26.58. Pagi ini Pemerintah China merespon kebijakan Trump dengan pengajuan daftar atas 128 produk impor dari Amerika. Bursa kawasan regional diperdagangkan turun. Nikkei225 mempimpin pelemahan dengan 2.9% penurunan diikuti bursa Australia dengan 1.6% penurunan. Candlestick IHSG membentuk pola bearish engulfing kemarin sehingga berpotensi kembali melanjutan pelemahan hari ini. Kami memperkirakan IHSG bergerak menurun hari ini seiring kekuatiran pasar atas perang dagang yang dipicu kebijakan Pemerintah Amerika.

Stock Closing Rec. S2 S1 R1 R2
BBNI 8,900 Sell on Strength 7,925 8,400 9,275 9,600
BBTN 3,810 Sell on Strength 3,460 3,670 3,840 4,000
BMRI 8,000 Sell on Strength 7,350 7,700 8,250 8,700
SMGR 10,025 Sell 9,150 9,850 10,300 10,725

 

Daily Research 23 March 2018

S2 S1 IDX R1 R2
6,109.4 6,207.7 6,254.0 6,312.3 6,385.7
  • Dow Jones closed 2.9% lower at 23,957.9 while EIDO closed 3.6% lower at 26.58 after President Trump unveiled US$ 60 Billion tariffs on Chinese imports. China Government respond to Trump policy this morning with proposed list of 128 US products to target.
  • Regional market traded lower this morning.
  • IDX’s candlestick formed bearish engulfing yesterday indicate further downside risks today.
  • We expect IDX to trade negative this morning as global market worried on trade war triggered by US Government policy on tariffs.
BBNI

Sell on Strength

S2 S1 Level R1 R2
7,925 8,400 8,900 9,275 9,600

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

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,460 3,670 3,810 3,840 4,000

BBTN closed the session higher with high enough volume but closed in strong horizontal resistance that could limit the upswing.

BMRI

Sell on Strength

S2 S1 Level R1 R2
7,350 7,700 8,000 8,250 8,700

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

SMGR

Sell

S2 S1 Level R1 R2
9,150 9,850 10,025 10,300 10,725

SMGR took a deep downturn and a break horizontal support indicating a further down trend

Daily Research 15 March 2018

S2 S1 IDX R1 R2
6,167.7 6,279.5 6,382.6 6,507.2 6,597.1
  • Dow Jones closed 1% lower at 24,758 as Boeing shares drop due to concerns of new US tariff war against China.
  • Regional market traded negative this morning.
  • IDX traded down and closed near its recent low at 6,368 levels. A break below that level may trigger further correction.
  • We expect IDX to trade lower today due to uncertainty in global market triggered by US new tariff policy.
AISA

Speculative Buy

S2 S1 Level R1 R2
525 590 645 745 800

AISA edged higher with the break on its horizontal resistance and high volume after downturn suggesting a further up movement.

BBNI

Sell on Strength

S2 S1 Level R1 R2
8,825 9,175 9,450 9,700 10,000

BBNI closed the session positively but not followed volume and close near its recent high that could limit this upswing.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,460 3,600 3,680 3,750 3,850

BBTN ended the trading weaker with a bearish engulfing formation providing another downside sign.

TLKM

Buy on Weakness

S2 S1 Level R1 R2
3,940 4,020 4,060 4,140 4,200

TLKM was in the negative side but a close near its horizontal support that could limit the downturn movement

Kiwoom Trader 15 March 2018


Bursa Eropa diperdagangkan mixed dengan kecenderungan menurun. Dow Jones turun 1% pada level 24,758 dipicu penurunan saham Boeing seiring kekuatiran investor atas kebijakan tarif Amerika atas perang dagang terhadap China. Presiden Donald Trump berencana menerapkan tarif sebesar US$ 60 Miliar atas produk impor dari China. Bursa regional diperdagangkan negatif pagi ini. IHSG turun mendekati level terendah sebelumnya pada level 6,368 pada 7 Maret lalu. Penurunan IHSG dibawah level tersebut berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring ketidakpastian pasar atas perang dagang global yang dipicu kebijakan baru Amerika.

Stock Closing Rec. S2 S1 R1 R2
AISA 645 Speculative Buy 525 590 745 800
BBNI 9,450 Sell on Strength 8,825 9,175 9,700 10,000
BBTN 3,680 Sell on Strength 3,460 3,600 3,750 3,850
TLKM 4,060 Buy on Weakness 3,940 4,020 4,140 4,200

Kiwoom Trader 07 March 2018


Bursa Eropa dan Amerika bergerak mixed dengan kecenderungan positif dengan Dow Jones naik 9.4 poin ditutup pada level 24,884 seiring perdebatan atas proposal kebijakan tarif Amerika. Bursa regional dibuka cenderung menurun pagi ini. IHSG turun, ditutup tepat pada garis “neckline” pola double top. Penembusan ke bawah level 6,478 berpotensi memicu koreksi lanjutan ditengah maraknya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,720 Sell on Strength 3,460 3,600 3,840 4,000
BSDE 1,785 Hold 1,720 1,760 1,845 1,875
INCO 3,070 Speculative Buy 2,760 2,920 3,250 3,430
UNVR 52,525 Sell on Strength 50,000 51,325 53,800 55,000