Daily Research 02 January 2018

S2 S1 IDX R1 R2
6,221.0 6,277.2 6,355.0 6,400.0 6,450.0
  • European and US market traded mixed with lower tendency  last Friday as investors realized profits made last year.
  • Regional market traded mixed this morning, the first trading day this year.
  • Crude oil price stay above US$ 60 per barrel while coal also stay above US$ 100 per ton level.
  • IDX closed on its fresh new high 6,355 levels at the end of 2017 supported by foreign investor selective buy on Indonesian equities within the past 1-2 weeks. However overbought momentum indicates that IDX’s positive momentum may be limited as it vulnerable to profit taking.
  • In all we expect IDX to trade mixed.
ASII

Trading Buy

S2 S1 Level R1 R2
7,975 8,150 8,300 8,550 8,750

ASII closed the session higher with long white candle pattern and followed by higher volume indicating another upside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,290 3,450 3,570 3,800 4,000

BBTN closed the session all time high with a thin volume that could limit the upswing.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,235 1,270 1,420 1,440 1,475

LSIP closed the session higher with long white candle pattern and break above strong horizontal resistance with high enough volume indicating another upside potential.

UNVR

Sell on strength

S2 S1 Level R1 R2
53,000 53,500 55,900 56,500 57,000

UNVR ended the trading all time high with a thin  volume 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.

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Kiwoom Trader 02 January 2018


Bursa Eropa dan Amerika bergerak mixed cenderung menurun hari Jumat lalu seiring aksi profit taking investor atas kinerja investasi FY 2017 yang cukup baik. Harga minyak dunia bertahan di atas level US$ 60 per barrel dengan harga batubara juga bertahan di atas level US$ 100 per ton. Bursa regional diperdagangkan mixed pagi ini, hari pertama perdagangan tahun 2018.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,300 Trading Buy 7,975 8,150 8,550 8,750
BBTN 3,570 Sell on Strength 3,290 3,450 3,800 4,000
LSIP 1,420 Trading Buy 1,235 1,270 1,440 1,475
UNVR 55,900 Sell on Strength 53,000 53,500 56,500 57,000

*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 08 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,006.8 6,053.0 6,098.8
  • US stock indexes moved higher after President Trump revealed plans to announce infrastructure spending.
  • Investors are also still waiting for the continuation of the discussion of the Tax Reform Bill and the state budget to avoid government shutdown after this weekend.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI failed to maintain the strengthening and ended under its MA20 support. Although there is a chance of rebound but the movement today will still tend to mix. Support 5,945 and resistance 6,065.
BBRI

Sell on Strength

S2 S1 Level R1 R2
3,140 3,280 3,380 3,460 3,560

BBRI was in the negative side followed by a dark cloud cover pattern indicating a further downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,150 3,300 3,550 3,600 3,700

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

CPIN

Trading Buy

S2 S1 Level R1 R2
2,820 2,920 3,020 3,130 3,270

CPIN moved higher supported by a high enough volume that could lead to another positive movement today.

ISAT

Speculative Buy

S2 S1 Level R1 R2
4,600 4,800 4,910 5,200 5,400

ISAT ended the trading negatively in diagonal support with a thin volume and overbought RSI trend that could dampen a further downside 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.

Kiwoom Trader 08 December 2017


Indeks saham AS bergerak lebih tinggi setelah Presiden Trump mengungkapkan rencana untuk mengumumkan anggaran belanja infrastruktur. Investor juga masih menantikan kelanjutan pembahasan RUU Reformasi Pajak dan anggaran negara untuk menghindari government shutdown setelah akhir pekan ini. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. IHSG gagal mempertahankan penguatan dan kembali ditutup di bawah support MA20nya. Meskipun ada peluang rebound namun pergerakan hari ini masih akan cenderung mix. Support 5945, resistance 6065.

Stock Closing Rec. S2 S1 R1 R2
BBRI 3,380 Sell on Strength 3,140 3,280 3,460 3,560
BBTN 3,350 Sell on Strength 3,150 3,300 3,600 3,700
CPIN 3,020 Trading Buy 2,820 2,920 3,130 3,270
ISAT 4,910 Speculative Buy 4,600 4,800 5,200 5,400

*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 05 December 2017

S2 S1 IDX R1 R2
5,886.4 5,927.9 5,998.2 6,031.5 6,081.4
  • Dow Jones ended higher after the US Senate passed the Tax Reform Bill, but the S&P 500 and Nasdaq ended lower as tech stocks slid.
  • Nikkei 225, Kospi and All Ordinaries opened lower this morning.
  • JCI yesterday rebounded from a sharp decline at the weekend but still not able to penetrate its MA20 resistance. Support 5,940 and resistance 6,055.
ADRO

Sell on Strength

S2 S1 Level R1 R2
1,680 1,735 1,775 1,820 1,900

ADRO edged higher with a high enough volume but with the presence of several resistance that could limit the upswing.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,030 3,150 3,290 3,300 3,400

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

CPIN

Buy on Weakness

S2 S1 Level R1 R2
2,670 2,800 2,820 3,030 3,130

CPIN ended the trading negatively near horizontal support with a thin volume and near oversold RSI trend suggesting a limited downside potential.

ELSA

Sell on Strength

S2 S1 Level R1 R2
346 376 394 414 440

ELSA closed the session higher but with the presences of several strong resistance 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 05 December 2017


Indeks Dow Jones ditutup lebih tinggi setelah Senat AS meloloskan RUU Reformasi Pajak, namun S&P 500 dan Nasdaq ditutup lebih rendah karena penurunan saham sektor teknologi. Indeks Nikkei 225, Kospi, dan All Ordinaries pagi ini dibuka lebih rendah. IHSG kemarin berhasil rebound dari penurunan tajam pada akhir pekan namun masih belum mampu menembus resisten MA20nya. Support 5940, resistance 6055.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,775 Sell on Strength 1,680 1,735 1,820 1,900
BBTN 3,290 Sell on Strength 3,030 3,150 3,300 3,400
CPIN 2,820 Buy on Weakness 2,670 2,800 3,030 3,130
ELSA 394 Sell on Strength 346 376 414 440

*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 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,070.7 6,098.8 6,130
  • US stock indexes closed higher yesterday, the US Senate Budget Committee has approved the Tax Reform Bill for a voting session tomorrow.
  • This morning North Korea launched a missile that reached the sea of Japan.
  • Nikkei 225, Kospi, and All Ordinaries opened higher this morning.
  • JCI’s tendency to move in mix direction is expected to continue today, after in the last three trading sessions have bounced on its MA20 support. Support 6,010 and resistance 6,130.
BBTN

Trading Buy

S2 S1 Level R1 R2
2,940 3,060 3,180 3,250 3,340

BBTN closed the session higher after break above horizontal resistance with high enough volume indicating another upside potential.

HMSP

Sell on Strength

S2 S1 Level R1 R2
4,100 4,220 4,380 4,445 4,550

HMSP moved higher followed by an increasing volume but with the presences of several strong resistance that could limit upswing.

INTP

Trading Buy

S2 S1 Level R1 R2
17,275 18,350 19,200 20,050 21,300

INTP closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

MEDC

Sell on Strength

S2 S1 Level R1 R2
815 865 965 1,000 1,040

MEDC ended the trading positively with higher volume however 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.