Daily Research 16 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,924.1 5,967.1 6,000
  • Dow Jones closed 0.13% higher at 22,871.7 levels backed by positive sentiments as US earnings season kicks in.
  • EIDO closed 1.12% higher last Friday expected to support IDX on early trade today. Regional market traded positive this morning.
  • IDX’s candlestick formed shooting star last Friday which may lead to profit taking actions today.
  • In all we expect IDX to trade mixed today as foreign investors still record net sell on Indonesian equities.
BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,050 3,200 3,300

BBTN closed the session lower with dark cloud cover pattern followed by higher volume indicating a further downturn.

BSDE

Sell on Strength

S2 S1 Level R1 R2
1,700 1,730 1,750 1,775 1,800

BSDE ended the trading negatively after break below long term diagonal support with high enough volume indicating a further downturn.

GGRM

Sell on Strength

S2 S1 Level R1 R2
60,150 62,500 64,200 66,525 69,250

GGRM moved negatively with a long black candle followed by a high volume and also break on its horizontal support suggesting a further downside potential.

WSKT

Speculative Buy

S2 S1 Level R1 R2
1,700 1,800 1,865 1,920 2,000

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

* 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 16 October 2017


Pasar Eropa diperdagangkan mixed akhir pekan lalu namun Dow Jones berhasil naik 0.13% ditutup pada level 22,871.7 didukung sentimen positif kinerja keuangan perusahaan Amerika. EIDO naik 1.12% hari Jumat diharapkan dapat menopang IHSG pagi ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk shooting star hari Jumat mengindikasikan potensi terjadinya koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed hari ini ditengah masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,050 Sell on Strength 2,840 2,960 3,200 3,300
BSDE 1,750 Sell on Strength 1,700 1,730 1,775 1,800
GGRM 64,200 Sell on Strength 60,150 62,500 66,525 69,250
WSKT 1,865 Speculative Buy 1,700 1,800 1,920 2,000

*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 12 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5   5,882.8 5,914.9 5,939.5
  • Dow Jones closed 42.2 point higher at fresh new high 22,872.9 levels backed by positive sentiments over 9M 2017 earnings. Market also cheered as there is certainty that Minutes of previous FOMC meeting assure market that
    The Fed will lift benchmark rate on December FOMC meeting.
  • Regional market traded sideways this morning due to lack of positive catalysts.
  • IDX traded lower near its strong diagonal support line as foreign investor sold TLKM shares yesterday.
  • In all we expect IDX to trade lower today as foreign investors keep selling Indonesian equities.
BBTN

Trading Buy

S2 S1 Level R1 R2
2,750 2,930 3,010 3,160 3,300

BBTN moved in the positive area with a bullish engulfing formation indicating a further upside potential.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,200 3,360 3,460 3,700 3,850

EXCL ended the trading negatively after break below long term diagonal support with high enough volume indicating a further downturn.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,700 5,925 6,075 6,250 6,500

JSMR still carried on the upside turn but only with a shooting star pattern and an open gap that could potentially push for a correction.

UNVR

Sell on Strength

S2 S1 Level R1 R2
46,725 48,100 48,875 50,000 51,425

UNVR closed the session lower below long term diagonal support with higher 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 12 October 2017


Pasar Eropa diperdagangkan mixed namun Dow Jones berhasil ditutup naik 42.2 poin ditutup pada level tertinggi baru 22,872.9 didukung sentimen positif atas kinerja keuangan 9M 2017 yang akan segera dirilis. Pasar juga menyambut baik kepastian penyesuaian bunga yang akan dilakukan The Fed dalam rapat bulan Desember setelah mendengarkan notulen rapat FOMC tadi malam. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG turun mendekati diagonal support kuat akibat tekanan jual investor asing atas saham TLKM kemarin. Kami memperkirakan IHSG bergerak cenderung menurun karena masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,010 Trading Buy 2,750 2,930 3,160 3,300
EXCL 3,460 Sell on Strength 3,200 3,360 3,700 3,850
JSMR 6,075 Sell on Strength 5,700 5,925 6,250 6,500
UNVR 48,875 Sell on Strength 46,725 48,100 50,000 51,425

*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 03 October 2017

 

S2 S1 IDX R1 R2
5,841.1 5,872.6   5,914.0 5,940 5,960
  • Dow Jones closed 0.68% higher at fresh new high at 22,557.6 levels.
  • North Asian market such as China, Hong Kong, and South Korea closed to celebrate mid-autumn festival.
  • IDX closed higher slightly below all-time high level but it made an upside gap and its candlestick formed inverted doji pattern which may signal a price
    correction today.
  • We expect IDX to trade negative today due to lack of new positive catalyst.
PTPP

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing  formation indicating another downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing formation indicating another downside potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
62,000 63,575 64,775 67,000 69,200

GGRM closed below its recent low. ASII’s price pattern also showed a break to its horizontal support may trigger price correction.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,190 1,290 1,410 1,500 1,575

MNCN closed the session higher with bullish engulfing pattern and followed by 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 03 October 2017


Dow Jones naik 0.68% ditutup pada level tertinggi baru 22,557.6. Bursa kawasan Asia seperti China, HongKong, Korea Selatan libur merayakan mid-autumn festival. IHSG naik dengan upside gap kemarin namun candlestick membentuk pola inverted doji sehingga membuka peluang terjadinya koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini ditengah sepinya sentimen pasar.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,030 Sell on Strength 2,670 2,900 3,180 3,340
GGRM 64,775 Sell on Strength 62,000 63,575 67,000 69,200
MNCN 1,410 Trading Buy 1,190 1,290 1,500 1,575
PTPP 2,430 Trading Buy 2,200 2,310 2,620 2,800

*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 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.