Daily Research 14 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,707.6 5,770.6 5,837.2
  • Dow Jones closed 92.8 point higher at fresh all-time high at 21,328.47 levels while EIDO closed 0.7% higher at 27.02 levels.
  • Regional bourses traded higher this morning backed by positive sentiments from Dow Jones. Global market expect another 25 basis point increase on the Fed Fund Rate as the Fed meets on 13-14 June.
  • IDX closed higher near strong diagonal resistance line but with relatively low trading volume.
  • We expect IDX to trade on positive territory today although further upside momentum may be limited by its strong diagonal resistance line.
ACES

Sell on Strength

S2 S1 Level R1 R2
935 970 1,020 1,055 1,100

ACES are relatively up but with a closer near its recent high in which could trim the upside turn.

AISA

Hold

S2 S1 Level R1 R2
1,510 1,660 1,715 1,910 2,050

AISA closed lower near its diagonal support. A break below S1 may trigger further price correction however a break above short term horizontal resistance line may trigger technical rebound.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,420 2,500 2,680 2,700 2,800

BBTN ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

INCO

Trading Buy

S2 S1 Level R1 R2
1,750 1,850 1,965 2,050 2,220

INCO managed a slight increase with supported by a high volume

* 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 14 June 2017

Dow Jones naik 92.8 poin ditutup pada level tertinggi baru pada level 21,328.47. EIDO naik 0.7% pada level 27.02. Pasar telah dapat menerima rencana kenaikan suku bunga Amerika dalam rapat FOMC 13-14 Juni. Bursa kawasan regional diperdagangkan naik pagi ini mengikuti sentimen Dow Jones. IHSG berhasil naik mendekati garis diagonal resisten kuat namun tidak didukung oleh volume perdagangan. Kami memperkirakan IHSG bergerak cenderung naik hari ini namun penguatan dibatasi oleh resisten yang berupa garis diagonal resisten kuat.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,020 Sell on Strength 935 970 1,055 1,100
AISA 1,715 Hold 1,510 1,660 1,910 2,050
BBTN 2,680 Sell on Strength 2,420 2,500 2,700 2,800
INCO 1,965 Trading Buy 1,750 1,850 2,050 2,220

*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 16 February 2017

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,325 5,350   5,380.6 5,409 5,425
  • A positive Dow Jones in the middle of mixed regional markets would affect the sentiment.
  • The IDX took a correction followed by appearing foreign selling interest and a break on support on Tuesday that could push for another downside tendency.
  • So, we predict that the IDX would be in the negative side today.
ADRO

Buy on weakness

S2 S1 Level R1 R2
1,465 1,570 1,645 1,695 1,770

ADRO still carried o the weak turn with an increasing volume indicating another downside movement.

BBTN

Sell on strength

S2 S1 Level R1 R2
1,890 1,960 2,030 2,050 2,120

BBTN was in the positive side but failed to break its recent high with an open gap potentially creating a correction potential.

JSMR

Sell on strength

S2 S1 Level R1 R2
4,560 4,700 4,780 4,860 5,000

JSMR closed the trading weaker after failing to break its diagonal resistance and the RSI indicator remaining in the overbought trend suggesting another negative potential.

MEDC

Sell on strength

S2 S1 Level R1 R2
1,800 1,900 2,210 2,400 2,500

MEDC ended the trading po s it ively with a high enough volume but with a position near its diagonal resistance as well as near overbought RSI indicator that could dampen 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 16 February 2017

kiwoom-trader-kamis

Dow Jones Industrial Average menguat 107.45 poin, atau 0.52%, pada 20,611.86. Nasdaq Composite juga naik 36.87 poin, atau 0.64%, pada 5,819.44. Wall Street bergerak positif pada hari Rabu didukung kuatnya data ekonomi serta berlanjutnya optimisme pada rencana kebijakan pajak Trump.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,645 Buy on weakness 1,465 1,570 1,695 1,770
BBTN 2,030 Sell on strength 1,890 1,960 2,050 2,120
JSMR 4,780 Sell on strength 4,560 4,700 4,860 5,000
MEDC 2,210 Sell on strength 1,800 1,900 2,400 2,500

Best Regards,

*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.

Daily Research 26 January 2017

kiwoom-research-kamis6

S2 S1 IDX R1 R2
5,250 5,271   5,293.7 5,325 5,350
  • Still favorable Dow Jones and the global markets would send in the positive sentiment.
  • The IDX was up only in a thin range still being trimmed by its resistance yesterday that could create a correction potential.
  • So, we predict that the IDX would be in the positive side today.
AALI

Speculative buy

S2 S1 Level R1 R2
14,900 15,500 15,775 16,225 16,725

AALI ended the session negatively near its short term diagonal support with a low volume and near oversold area suggesting a limited downside potential.

BBTN

Sell on strength

S2 S1 Level R1 R2
1,820 1,885 1,920 1,960 2,020

BBTN closed the trading po s i tively but with a position near its diagonal resistance, a low volume and near overbought RSI trend that could slow down the upswing.

EXCL

Trading buy

S2 S1 Level R1 R2
2,470 2,630 2,830 2,960 3,130

EXCL moved higher with the break on its recent high with a high enough volume indicating a further upside opportunity.

SMRA

Sell on strength

S2 S1 Level R1 R2
1,255 1,325 1,375 1,425 1,500

SMRA was in the negative side with a dark cloud cover suggesting a still weak 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 January 2017

kiwoom-trader-kamis

Dow Jones Industrial Average menguat 155.80 poin, atau 0.78%, pada 20,068.51. Nasdaq Composite juga naik 55.38 poin, atau 0.99%, pada 5,656.34. Wall Street kembali menguat pada hari Rabu didukung kuatnya kinerja korporasi dan optimisne pada langkah-langkah Trump.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,775 Speculative buy 14,900 15,500 16,225 16,725
BBTN 1,920 Sell on strength 1,820 1,885 1,960 2,020
EXCL 2,830 Trading buy 2,470 2,630 2,960 3,130
SMRA 1,375 Sell on strength 1,255 1,325 1,425 1,500

*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.

Daily Research 13 January 2017

kiwoom-research-jumat

S2 S1 IDX R1 R2
5,250 5,275   5,292.7 5,325 5,347
  • Mixed global markets would not send in any support.
  • The IDX again edged lower after failing to take a rebound yesterday. A formation of an inverted hammer would provide an early sign of reversal potential.
  • Therefore, we predict that the IDX would be in the downside trend toady.
BBTN

Trading buy

S2 S1 Level R1 R2
1,770 1,855 1,885 1,925 2,000

BBTN moved higher with a broken horizontal resistance and supported by a high enough volume indicating a further upside potential.

CPIN

Sell on strength

S2 S1 Level R1 R2
3,030 3,120 3,190 3,220 3,320

CPIN ended the trading p o s itively near its diagonal resistance with a thin volume that could slow down the upswing.

DILD

Trading buy

S2 S1 Level R1 R2
444 472 492 505 530

DILD moved in the positive side with a bullish engulfing pattern and also a strong volume indicating another favorable opportunity.

UNTR

Speculative buy

S2 S1 Level R1 R2
20,175 21,000 21,225 21,900 22,500

UNTR closed the session weaker near its diagonal support and a thin volume in which could trim the 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.