Daily Research 9 Mei 2018

S2 S1 IDX R1 R2
5,590.5 5,708.1 5,774.7 5,915.7 6,034.4
  • Dow Jones traded sideways and closed just 2.9 point lower at 24,360 after Donald Trump announced that US withdrawn from Iran nuclear deal signed three years ago.
  • Regional market traded mixed this morning due to lack of positive catalysts.
  • IDX traded lower with 14-days RSI at oversold territory.
  • We expect IDX to trade mixed with negative tendency today ahead of public holiday tomorrow as rebound potentials capped by Rupiah depreciation and rising Indonesian treasury yield ahead of BI’s board of Government meeting scheduled on 16-17 May.
BEST

Trading Buy

S2 S1 Level R1 R2
246 256 286 294 306

BEST closed the session higher with long white candle pattern after break above resistance line with high enough volume indicating another upside potential.

ERAA

Sell on Strength

S2 S1 Level R1 R2
1,545 1,690 1,780 1,910 2,120

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

RALS

Sell on Strength

S2 S1 Level R1 R2
1,170 1,230 1,270 1,400 1,450

RALS ended the trading negatively with long black candle after break below diagonal support indicating a further downturn.

TLKM

Trading Buy

S2 S1 Level R1 R2
3,480 3,540 3,620 3,670 3,750

TLKM remained in the weak side during a few days in a row. A weak potential carry on if its recent low and support are broken down.

Advertisements

Kiwoom Trader 9 Mei 2018

Bursa Eropa dan Amerika bergerak mixed dengan Dow Jones turun 2.9 poin pada level 24,360 setelah Donald Trump mengumumkan bahwa Amerika menarik diri terhadap perjanjian terkait Iran yang ditandatangani 3 tahun lalu. Dengan demikian Amerika akan kembali mengenakan sanksi terhadap Iran. Bursa regional bergerak mixed pagi ini seiring kurangnya berita penggerak pasar. IHSG kembali turun dengan RSI 14 hari pada teritori oversold. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini menjelang libur besok. Potensi rebound masih dibayangi depresiasi Rupiah serta kenaikan tingkat imbal hasil obligasi Pemerintah menjelang RDG 16-17 Mei.

Stock Closing Rec. S2 S1 R1 R2
BEST 286 Trading Buy 246 256 294 306
ERAA 1,780 Sell on   Strength 1,545 1,690 1,910 2,120
RALS 1,270 Sell on   Strength 1,170 1,230 1,400 1,450
TLKM 3,620 Trading Buy 3,480 3,540 3,670 3,750

Daily Research 02 February 2018

S2 S1 IDX R1 R2
6,444.5 6,538.0 6,598.5 6,680.6 6,750.0
  • Dow Jones closed 37.3 point higher at 26,186.7 while EIDO slipped 0.9% at 29.53 backed by concerns of potential rate hike triggered by rising US Government bond yield.
  • US Dollar Index closed below 89 trigger higher crude oil price which traded above US$ 66 per barrel this morning.
  • Regional market traded mixed this morning ahead of weekend.
  • IDX’s candlestick formed dark cloud cover which may lead to a price correction
  • With continuation of foreign net sell we expect IDX to trade lower today.
AKRA

Sell

S2 S1 Level R1 R2
5,450 5,700 6,000 6,250 6,450

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

BEST

Trading Buy

S2 S1 Level R1 R2
284 296 316 328 336

BEST closed the session higher with long white candle  pattern after break above resistance line with high enough volume indicating another upside potential.

BSDE

Sell on Strength

S2 S1 Level R1 R2
1,770 1,825 1,875 1,905 2,000

BSDE closed the session higher with a high volume but with a close near its horizontal resistance that could slow down the upswing.

ERAA

Sell on Strength

S2 S1 Level R1 R2
780 815 850 880 910

ERAA closed the session higher near its recent 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.

Kiwoom Trader 02 February 2018


Pasar Eropa dan Amerika bergerak volatil. Dow Jones berhasil ditutup naik 37.3 poin pada level 26,186.7 namun EIDO turun 0.9% pada level 29.53 seiring berlanjutnya kekuatiran investor atas potensi kenaikan suku bunga dipicu kenaikan yield obligasi Pemerintah Amerika. US Dollar Index turun ke bawah level 89 memicu penguatan minyak mentah yang naik diatas level US$ 66 per barrel. Bursa regional bergerak mixed pagi ini menjelang libur akhir pekan. Candlestick IHSG membentuk pola dark cloud cover. Dengan dukungan aksi jual investor asing kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,000 Sell 5,450 5,700 6,250 6,450
BEST 316 Trading Buy 284 296 328 336
BSDE 1,875 Sell on Strength 1,770 1,825 1,905 2,000
ERAA 850 Sell on Strength 780 815 880 910

*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 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.

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.