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,

Daily Research 09 May 2017

S2 S1 IDX R1 R2
5,627.9 5,680.8   5,707.9 5,750 5,790
  • Dow Jones closed 5.3 point higher at 21,012.2 levels as investors digest the result of French Presidential election.
  • Regional bourses traded mixed this morning.
  • IDX closed higher yesterday but its candlestick formed an upside gap with inverted hammer pattern which indicates one day reversal.
  • We expect IDX to trade in negative territory today as investor realize profits.
BJTM

Sell on Strength

S2 S1 Level R1 R2
640 670 705 730 750

BJTM moved higher with a long white candle pattern but with the presences of several resistance that could limit the upswing.

BMRI

Sell on Strength

S2 S1 Level R1 R2
11,700 11,900 12,050 12,300 12,500

BMRI closed the session negative with a shooting star pattern also supported by a high enough volume indicating a further downturn.

BMTR

Buy on Weakness

S2 S1 Level R1 R2
555 595 620 680 770

BMTR took a weak turn but with a thin volume and the presences of several supports that could expectedly slow down the downswing.

JPFA

Speculative Buy

S2 S1 Level R1 R2
1,115 1,200 1,265 1,365 1,425

JPFA ended the trading n e gatively in its diagonal support without 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 09 May 2017

Dow Jones naik 5.3 poin ditutup pada level 21,012.2 seiring langkah investor menganalisa hasil pemilihan Presiden Perancis. Bursa kawasan Eropa cenderung menurung seiring langkah investor merealisasikan keuntungan. Bursa regional pagi ini diperdagangkan mixed. IHSG ditutup naik pada perdagangan kemarin namun candlestick membentuk upside gap dengan pola inverted hammer yang mengindikasikan IHSG rentan koreksi. Kami memperkirakan IHSG bergerak cenderung menurun seiring langkah profit taking investor hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 705 Sell on Strength 640 670 730 750
BMRI 12,050 Sell on Strength 11,700 11,900 12,300 12,500
BMTR 620 Buy on Weakness 555 595 680 770
JPFA 1,265 Speculative Buy 1,115 1,200 1,365 1,425

*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,