Daily Research 31 August 2017

 

S2 S1 IDX R1 R2
5,808.6 5,840.9   5,872.5 5,914.0 5,950
  • Dow Jones closed 0.12% higher at 21,892.43 levels backed by Apple shares ahead of new Iphone launch on September. EIDO closed 0.81% lower at 26.93
    levels.
  • Regional market traded sideways and slightly positive this morning.
  • IDX traded lower yesterday near its recent low at 5,861 levels. IDX may try to close an upside gap formed since 5,835 level.
  • Thus we tend to see IDX trade on negative territory today ahead of long weekend holiday.
ANTM

Hold

S2 S1 Level R1 R2
685 715 755 770 800

ANTM has a chance to continue rally after ended trading with high volume. The rally will valid if ANTM break above recent high level (R1).

BJTM

Trading Buy

S2 S1 Level R1 R2
640 680 720 750 800

BJTM was in the positive side followed by a full white  candle and higher volume indicating a still favorable potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
61,800 65,900 68,850 71,650 74,950

GGRM was on the weak side followed by a long black candle and break horizontal support indicating a still weak potential.

MEDC

Sell on Strength

S2 S1 Level R1 R2
2,700 2,940 3,270 3,400 3,590

MEDC ended trading positively with a thin volume and overbought RSI trend that could limit 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.

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Kiwoom Trader 31 August 2017

 

 

 

Bursa Eropa dan Amerika diperdagangkan positif kemarin. Dow Jones naik 0.12% ditutup pada level 21,892.43 didukung saham Apple menjelang peluncuran Iphone baru bulan September. EIDO turun 0.81% kemarin ditutup pada level 26.93. Bursa regional diperdagangkan cenderung mendatar pagi ini. IHSG turun kemarin mendekati level terendah sebelumnya pada 5,861. IHSG berpotensi kembali melemah hari ini untuk menutup upside gap pada level 5,835. Kami memperkirakan IHSG bergerak cenderung menurun menjelang libur Idul Adha besok.

 

Stock Closing Rec. S2 S1 R1 R2
ANTM 755 Hold 685 715 770 800
BJTM 720 Trading Buy 640 680 750 800
GGRM 68,850 Sell on Strength 61,800 65,900 71,650 74,950
MEDC 3,270 Sell on Strength 2,700 2,940 3,400 3,590

*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 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another 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.

Daily Research 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another 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 09 August 2017

Dow Jones turun 0.15% ditutup pada level 22,085.3 atas kekuatiran geopolitik setelah Presiden Amerika Serikat memperingati Korea Utara atas senjata nuklir yang dimiliki. Bursa regional diperdagangkan cenderung menurun pagi ini. IHSG berhasil ditutup naik kemarin namun penutupan masih dibawah garis diagonal resistance kuat. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 685 Sell on Strength 620 655 705 750
INDF 8,400 Sell on Strength 7,950 8,200 8,550 8,775
LSIP 1,430 Trading buy 1,300 1,375 1,470 1,520
PTBA 13,550 Sell on Strength 12,400 13,000 14,200 15,000

*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 02 August 2017

S2 S1 IDX R1 R2
5,723.6 5,771.5   5,805.2 5,865.4 5,910.2
  • Dow Jones closed 72.8 point higher at fresh new high at 21,963.9 levels led by strong corporate earnings.
  • Crude oil price traded below US$ 49 per barrel this morning after reports reveal increase in OPEC production last month.
  • Regional markets traded mixed this morning, could not send positive sentiments for IDX.
  • Foreign net sell triggered IDX correction yesterday after traded near strong diagonal resistance line within the past trading days. A break below 5,765 recent low may trigger market correction.
  • We expect IDX to trade on negative territory today.
BJTM

Sell on Strength

S2 S1 Level R1 R2
595 635 670 700 730

BJTM was in the positive side with a long white candle  with a high enough volume suggesting another upside opportunity.

CPIN

Trading Buy

S2 S1 Level R1 R2
2,500 2,600 2,770 2,850 2,950

CPIN closed the session higher with high enough volume and break diagonal resistance after on a weak trend in the last 5 days creating a technical rebound.

GGRM

Sell on Strength

S2 S1 Level R1 R2
69,200 71,000 72,275 78,000 79,800

GGRM ended the trading negatively and break below diagonal support with high enough volume indicating a further downturn.

HRUM

Speculative Buy

S2 S1 Level R1 R2
2,000 2,180 2,320 2,500 2,680

HRUM closed that session higher above its horizontal resistance followed 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 02 August 2017

Dow Jones naik 72.8 poin ditutup pada level tertinggi baru 21,963.9 didukung kinerja keuangan korporasi. Harga minyak turun dibawah level US$ 49 per barrel seiring laporan kenaikan produksi OPEC. Bursa regional diperdagangkan mixed pagi ini belum dapat memberi dukungan terhadap perdagangan IHSG. Aksi jual investor asing memicu koreksi IHSG setelah beberapa hari perdagangan terakhir ditutup tepat pada garis diagonal resisten kuat. Penurunan IHSG dibawah level terendah sebelumnya pada 5,765 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG kembali bergerak turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 670 Trading Buy 595 635 700 730
CPIN 2,770 Trading Buy 2,500 2,600 2,850 2,950
GGRM 72,275 Sell on Strength 69,200 71,000 78,000 79,800
HRUM 2,320 Speculative Buy 2,000 2,180 2,500 2,680

*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,