Kiwoom Trader 14 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones berhasil naik 0.4% pada level 24,831 didukung saham sektor energi yang didukung relatif tingginya harga minyak mentah dunia. Bursa regional diperdagangkan mendatar pagi ini. Candlestick IHSG membentuk pola inverted hammer akhir pekan lalu setelah mengalami rebound, mengindikasikan masih adanya tekanan jual investor. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun hari ini dibayangi sentimen negatif aksi terorisme di Surabaya.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,200 Sell On Strength 6,625 6,900 7,500 7,825
CTRA 1,005 Trading Buy 900 935 1,055 1,100
HMSP 3,730 Trading Buy 3,300 3,530 3,770 4,000
ITMG 25,625 Trading Buy 21,075 22,475 26,300 27,875
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Daily Research 14 Mei 2018

S2 S1 IDX R1 R2
5,749.3 5,858.7 5,956.8 6,070.7 6,183.4
  • Dow Jones closed 0.4% higher at 24,831 backed by energy stocks supported by relatively high crude oil price.
  • Regional market traded flat this morning.
  • IDX’s candlestick formed inverted hammer pattern last Friday which indicate existence of selling pressure.
  • In all we expect IDX to trade mixed with negative tendency today as positive sentiment shadowed by terrorism act in Surabaya yesterday.
BMRI

Sell on Strength

S2 S1 Level R1 R2
6,625 6,900 7,200 7,500 7,825

BMRI was in the positive side but with a shooting star pattern that could limit upswing.

CTRA

Trading Buy

S2 S1 Level R1 R2
900 935 1,005 1,055 1,100

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

HMSP

Sell on Strength

S2 S1 Level R1 R2
3,300 3,530 3,730 3,770 4,000

HMSP was on an upside turn with presence of resistance that could limit the positive opportunity.

ITMG

Trading Buy

S2 S1 Level R1 R2
21,075 22,475 25,625 26,300 27,875

ITMG closed the session higher with long white candle pattern followed by high enough volume indicating another upside potential.

Daily Research 7 Mei 2018

S2 S1 IDX R1 R2
5,647.4 5,749.3 5,792.3 5,915.7 6,034.4
  • Dow Jones closed 1.4% higher at 24,262 as Apple stock send positive sentiments for tech sector.
  • Regional market traded flat this morning due to lack of positive catalyst.
  • IDX closed on oversold territory which open possibility for a technical rebound.
  • We expect IDX to trade sideways today as technical rebound optimism clouded by weak currency.
AKRA

Sell on Strength

S2 S1 Level R1 R2
4,200 4,400 4,510 4,860 5,200

AKRA ended the trading negatively after break below diagonal support with higher volume indicating a further downturn.

BMRI

Speculative Buy

S2 S1 Level R1 R2
6,225 6,520 6,625 6,925 7,150

BMRI closed below its recent low with a thin volume and a presence of its several support levels that could dampen a further downside movement.

GGRM

Sell on Strength

S2 S1 Level R1 R2
63,125 64,775 67,200 69,325 71,100

GGRM ended the trading negatively break below horizontal support with increased volume indicating a further downturn.

GJTL

Sell on Strength

S2 S1 Level R1 R2
750 810 855 890 950

GJTL closed the session higher near its resistance with a thin volume that could limit the upswing.

Kiwoom Trader 7 Mei 2018

Bursa Eropa dan Amerika ditutup positif akhir pekan lalu dengan Dow Jones naik 1.4% pada level 24,262 seiring kenaikan saham Apple yang memicu kenaikan saham sektor teknologi. Bursa regional diperdagangkan mendatar pagi ini. IHSG ditutup dalam teritori oversold sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak mixed hari ini karena optimisme teknikal rebound masih dibayangi depresiasi Rupiah.

Stock Closing Rec. S2 S1 R1 R2
AKRA 4,510 Sell On    Strength 4,200 4,400 4,860 5,200
BMRI 6,625 Speculative    Buy 6,225 6,520 6,925 7,150
GGRM 67,200 Sell On    Strength 63,125 64,775 69,325 71,100
GJTL 855 Sell On    Strength 750 810 890 950

Daily Research 30 April 2018

S2 S1 IDX R1 R2
5,749.2 5,840.9 5,840.9 6,134.0 6,246.1
  • Dow Jones closed 11 point lower at 24,311 due to lack of new positive catalysts. US 10-year Treasury yield closed around 2.96% ahead of 1-2 May FOMC meeting.
  • Regional market traded flat with positive tendency this morning while Japanese market closed on Showa Day.
  • IDX closed on oversold territory last Friday which may get technical rebound today.
  • We expect IDX to trade mixed with positive tendency as selloffs creates buying opportunities.
AKRA

Hold

S2 S1 Level R1 R2
4,550 4,800 4,860 5,450 5,800

AKRA closed below its recent low. A further downside would remain possible if AKRA break its long term diagonal support may trigger price correction.

BMRI

Speculative Buy

S2 S1 Level R1 R2
6,525 6,775 6,925 7,150 7,350

BMRI closed the session higher with bullish harami pattern and with higher volume indicating another upside potential.

EXCL

Sell on Strength

S2 S1 Level R1 R2
1,950 2,040 2,160 2,370 2,520

EXCL ended the trading negatively with higher volume after break below diagonal support indicating a further downturn.

ITMG

Hold

S2 S1 Level R1 R2
21,075 22,500 23,600 25,500 26,850

ITMG closed below its recent low. A further downside would remain possible if ITMG break its diagonal support may trigger price correction.

Kiwoom Trader 30 April 2018

Pasar Mixed Positif. Dow Jones turun 11 poin ditutup pada level 24,311 seiring berkurangnya momentum positif. Tingkat imbal hasil obligasi Pemerintah Amerika 10 tahun berada pada kisaran 2.96% menjelang rapat FOMC 1-2 Mei 2018. Bursa regional diperdagangkan mendatar dengan kecenderungan positif pagi ini. Bursa Jepang tutup hari ini (Showa Day). IHSG ditutup dalam teritori oversold sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini seiring kecenderungan investor memanfaatkan momentum oversold.

Stock Closing Rec. S2 S1 R1 R2
AKRA 4,860 Hold 4,550 4,800 5,450 5,800
BMRI 6,925 Speculative    Buy 6,525 6,775 7,150 7,350
EXCL 2,160  Sell On Strength 1,950 2,040 2,370 2,520
ITMG 23,600  Hold 21,075 22,500 25,500 26,850

 

Daily Research 18 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,285.8 6,410.7 6,500.8
  • Dow Jones closed 0.9% higher at 24,786.6 while
    EIDO closed 0.1% lower at 27.47.
  • Regional market traded positive this morning with
    Kospi up 1%, Nikkei 225 up 0.7%, and AORD up
    0.2%.
  • IDX’s candlestick formed hammer pattern which
    indicates upside momentum today.
  • We expect IDX to trade positive today ahead of
    market speculation on good 1Q 2018 financial results.
BMRI

Sell On Strenght

S2 S1 Level R1 R2
7,500 7,725 7,900 8,125 8,325

BMRI took a weak turn a high enough volume after unable to break its resistance yesterday so that could lead to a further downturn.

ELSA

Buy On Weakness

S2 S1 Level R1 R2
434 460 478 505 530

ELSA ended the trading negatively near its diagonal support with a thin volume suggesting a limited downside potential.

PTBA

Sell on Strength

S2 S1 Level R1 R2
3,050 3,240 3,480 3,600 3,700

PTBA closed the session higher in resistance area with a thin volume and overbought RSI trend that could limit the upside turn.

UNTR

Hold

S2 S1 Level R1 R2
33,700 34,950 36,500 37,400 38,200

UNTR closed the session higher above it short horizontal resistance with high enough volume indicating another upside potential.