Daily Research 12 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,871.9 5,914.0 5,950
  • Dow Jones closed 1.2% higher at 22,057.37 levels as negative impact of hurricane Irma seemed lower than previously anticipated.
  • EIDO closed 1.4% higher at 27.33 levels which could send some positive signals for IDX despite the continuation of selling pressure from foreign investors.
  • IDX traded up yesterday, however with upside gap and inverted hammer candlestick, this positive trend may not last long and thus we may expect sudden market reversal.
  • We expect IDX to trade positive today backed by positive sentiments from regional market and currency appreciation.
BEST

Trading Buy

S2 S1 Level R1 R2
220 244 262 280 300

BEST ended the session down with a long black candle but with the presence of its horizontal support which expectedly limit the downside movement.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,330 1,365 1,410 1,460 1,490

LSIP closed the session higher after break above its diagonal resistance with high enough volume indicating another upside potential.

PTPP

Speculative Buy

S2 S1 Level R1 R2
2,400 2,550 2,620 2,700 2,890

PTPP managed to take a slight upside turn with a doji and a high enough volume after taking downturn lately in which could potentially create a technical rebound.

SCMA

Speculative Buy

S2 S1 Level R1 R2
1,800 1,900 1,990 2,140 2,240

SCMA ended the trading negatively in diagonal support with a thin volume and oversold 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.

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Kiwoom Trader 12 September 2017



Bursa Eropa dan Amerika diperdagangkan positif dengan Dow Jones naik 1.2% ditutup pada level 22,057.37 karena dampak negatif badai Irma lebih kecil dari perkiraan semula. Kenaikan EIDO sebesar 1.4% pada level 27.33 dapat memberi sentimen positif IHSG di awal perdagangan ditengah masih berlanjutnya aksi jual investor asing. IHSG naik dengan upside gap namun candlestick terlihat membentuk pola inverted hammer sehingga potensi pembalikan arah dapat terjadi. Namun demikian dukungan sentimen positif bursa regional serta apresiasi kurs Rupiah dapat menopang pergerakan IHSG hari ini. Kami memperkirakan IHSG diperdagangkan positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BEST 262 Trading Buy 220 244 280 300
LSIP 1,410 Trading Buy 1,330 1,365 1,460 1,490
PTPP 2,620 Speculative Buy 2,400 2,550 2,700 2,890
SCMA 1,990 Speculative Buy 1,800 1,900 2,140 2,240

*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 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,717.3 5,770.6 5,837.2
  • Dow Jones closed 0.18% higher at 21,173.7 levels ahead of former FBI Director tomorrow. Crude oil price traded lower around US$ 46 per barrel as US crude oil inventory rises.
  • Regional bourses traded mixed this morning clouded by news over a missile launch by North Korea this morning.
  • IDX’s candlestick formed shooting star pattern at strong diagonal support line. A break below the line an recent low level at 5,693 may trigger market correction.
  • We expect IDX to trade in negative territory today.
ACES

Speculative Buy

S2 S1 Level R1 R2
925 955 975 1,025 1,055

ACES closed the session lower in diagonal support with a thin volume that could dampen a further downside movement.

BEST

Sell on Strength

S2 S1 Level R1 R2
298 312 324 334 351

BEST was still in the positive side but with a close near its horizontal resistance that could slow down this upswing.

ROTI

Trading Buy

S2 S1 Level R1 R2
1,215 1,280 1,320 1,375 1,440

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

TLKM

Buy on Weakness

S2 S1 Level R1 R2
4,170 4,250 4,320 4,420 4,500

TLKM ended the trading negatively near its 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.

Kiwoom Trader 08 June 2017

Dow Jones naik 0.18% ditutup pada level 21,173.7 menjelang kesaksian mantan Direktur FBI di hadapan Senat besok. Harga minyak dunia turun kada kisaran US$ 46 per barrel seiring kenaikan data cadangan minyak Amerika. Bursa kawasan regional diperdagangkan mixed pagi ini dibayangi oleh aksi peluncuran rudal Korea Utara. Candlestick IHSG membentuk pola shooting star pada garis diagonal support kuat. Penembusan ke bawah garis tersebut serta level terendah sebelumnya pada 5,693 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 975 Speculative Buy 925 955 1,025 1,055
BEST 324 Sell on Strength 298 312 334 351
ROTI 1,320 Trading Buy 1,215 1,280 1,375 1,440
TLKM 4,320 Buy on Weakness 4,170 4,250 4,420 4,500

*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.Best Regards,

Daily Research 23 May 2017

S2 S1 IDX R1 R2
5,643.5 5,697.1   5,749.4 5,850.0 5,900.0
  • Dow Jones closed 90 point higher at 20,894.8 levels yesterday. EIDO closed 0.66% lower at 27.21 levels.
  • Regional bourses traded sideways this morning following an incident at Manchester arena (UK) linked with terrorism.
  • Profit taking actions by investors pushed IDX lower as it fail to break strong diagonal resistance line.
  • We expect IDX to trade lower today as investors tend to lock their profits.
BEST

Sell on Strength

S2 S1 Level R1 R2
266 282 300 306 318

BEST was in the positive side but with a closer near its diagonal resistance that could limit upswing.

BNGA

Sell on Strength

S2 S1 Level R1 R2
1,155 1,215 1,260 1,320 1,400

BNGA was in the negative side with a shooting star formation after fail to break above its diagonal resistance that trend indicating a further downturn.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,900 9,100 9,400 9,575 9,825

SMGR ended trading positive in horizontal resistance area with high volume. A break above horizontal resistance may send SMGR higher to test resistance levels.

WSKT

Trading Buy

S2 S1 Level R1 R2
2,230 2,300 2,420 2,490 2,560

WSKT closed the session higher above its diagonal resistance with increasing trading 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 23 May 2017

Dow Jones naik 90 poin ditutup pada level 20,894.8 kemarin. EIDO turun 0.66% pada level 27.21. Bursa regional pagi ini diperdagangkan sideways seiring berita insiden ledakan terkait terorisme di Manchester (Inggris). Aksi profit taking investor memicu penurunan IHSG kemarin sehingga gagal menembus ke atas garis diagonal resisten kuat. Kami memperkirakan IHSG kembali bergerak cenderung melemah seiring berlanjutnya aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BEST 300 Sell on Strength 266 282 306 318
BNGA 1,260 Sell on Strength 1,155 1,215 1,320 1,400
SMGR 9,400 Trading Buy 8,900 9,100 9,575 9,825
WSKT 2,420 Trading Buy 2,230 2,300 2,490 2,560

*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 March 2017

S2 S1 IDX R1 R2
5,347 5,372   5,402.6 5,431 5,458
  • Mixed global markets would not send in any support.
  • The IDX took a weak turn in a limited range yesterday but with the presence of foreign buying interest and a position near support that could dampen the negative
    potential.
  • Therefore, we predict that the IDX would be in the negative side today.
AKRA

Sell on strength

S2 S1 Level R1 R2
5,725 6,000 6,175 6,400 6,600

AKRA was in the negative side with a bearish engulfing formation and a high volume suggesting another weak potential.

BEST

Trading buy

S2 S1 Level R1 R2
288 300 324 334 346

BEST closed the trading higher with a long white candle followed by a high enough volume signaling a further favorable opportunity.

CPIN

Buy on weakness

S2 S1 Level R1 R2
2,900 3,010 3,060 3,170 3,300

CPIN still carried on the weak trend but with the presences of several supports that could limit the downside movement.

TLKM

Sell on strength

S2 S1 Level R1 R2
3,820 3,900 3,950 4,000 4,090

TLKM closed the trading p o s itively near its diagonal resistance with a low volume that could slow down the upside turn.

* 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.