Daily Research 30 Mei 2018

S2 S1 IDX R1 R2
5,854.6 5,946.5 6,068.3 6,138.1 6,240.6
  • Dow Jones closed 1.6% lower at 24,361 as financial sectors declined led by Morgan Stanley and JP Morgan shares due to concerns of Italian crisis.
  • Regional market traded lower with Nikkei225 lead decline with 1.7% followed by Kospi which down by 1.2% and AORD with 0.8% decline.
  • IDX continue rebound last Monday backed by foreign investor purchase as BI’s board of Governor will meet today. The market expect RDG to lift benchmark rate by 25 basis points to 4.75%.
  • In all we expect IDX to trade mixed as rebound sentiments clouded by profit taking actions and negative sentiments from European market.
BBNI

Trading Buy

S2 S1 Level R1 R2
7,500 7,875 8,575 8,850 9,250

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

BBTN

Trading Buy

S2 S1 Level R1 R2
2,830 2,940 3,240 3,360 3,510

BBTN closed the session higher with long white candle pattern after break above horizontal resistance with higher volume indicating another upside potential.

BSDE

Sell on Strength

S2 S1 Level R1 R
1,665 1,710 1,750 1,780 1,845

BSDE closed the session higher with long white candle pattern but with a thin volume and near its diagonal resistance that could limit the upswing.

LPCK

Trading Buy

S2 S1 Level R1 R2
1,400 1,670 2,210 2,400 2,750

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

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Kiwoom Trader 30 Mei 2018

Bursa Eropa dan Amerika turun seiring kekuatiran pasar atas krisis Italia yang memicu kenaikan tingkat imbal hasil obligasi Pemerintah Italia yang turut mempengaruhi obligasi di kawasan Eropa. Dow Jones turun 1.6% pada level 24,361 seiring penurunan saham sektor keuangan yang dipimpin oleh koreksi saham Morgan Stanley dan JP Morgan. Bursa regional turun pagi ini dengan Nikkei225 turun 1.7% diikuti oleh Kospi turun 1.2% dan AORD turun 0.8%. IHSG kembali menguat didukung aksi beli investor asing seiring langkah BI melakukan emergency meeting hari ini dimana kami memperkirakan RDG akan meningkatkan tingkat bunga acuan sebesar 25 basis point menjadi 4.75%. Kami memperkirakan IHSG bergerak mixed karena sentimen rebound dibayangi aksi profit taking serta sentimen negatif dari bursa Eropa.

Stock Closing Rec. S2 S1 R1 R2
BBNI 8,575 Trading Buy 7,500 7,875 8,850 9,250
BBTN 3,240 Trading Buy 2,830 2,940 3,360 3,510
BSDE 1,750 Sell on Strength 1,665 1,710 1,780 1,845
LPCK 2,210 Trading Buy 1,400 1,670 2,400 2,750

Daily Research 27 April 2018

S2 S1 IDX R1 R2
5,749.2 5,840.9 5,909.2 6,134.0 6,246.1
  • Dow Jones closed 1% higher at 24,322 backed by tech stocks such as Facebook and AMD on better than expected 1Q 2018 earnings while US treasury yield stood around 3% ahead of 1-2 May FOMC meeting.
  • Regional market traded positive this morning as two Korean leader meets.
  • IDX dropped below 6,000 psychological levels which further confirm end of strong uptrend since late 2015.
  • We expect IDX to trade IHSG mixed with positive tendency today backed by positive regional market. IDX have a chance to get technical rebound today as sharp decline within the last 3 trading days creates buying opportunities.
ADRO

Buy On Weakness

S2 S1 Level R1 R2
1,800 1,915 1,995 2,130 2,230

ADRO moved down during the las several days but with the presences of several support in which could limit the downturn.

ANTM

Hold

S2 S1 Level R1 R2
775 805 830 865 900

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

BSDE

Sell on Strength

S2 S1 Level R1 R2
1,665 1,700 1,720 1,820 1,875

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

HMSP

Buy on Weakness

S2 S1 Level R1 R2
3,370 3,510 3,650 3,880 4,000

HMSP continued the weak turn with presence of several support that could slow down the current downswing.

Kiwoom Trader 27 April 2018

Bursa Eropa dan Amerika mengalami teknikal rebound kendati treasury yield Amerika berada pada kisaran 3% menjelang rapat FOMC 1-2 Mei. Dow Jones naik 1% pada level 24,322 seiring kenaikan saham sektor teknologi seperti Facebook dan Advanced Micro Devices (AMD) atas kinerja 1Q 2018 yang baik. Bursa regional diperdagangkan positif pagi ini menyambut pertemuan dua Korea. IHSG turun dibawah level psikologis 6,000 mengkonfirmasi berakhirnya tren naik yang terbentuk sejak akhir 2015.  Kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini didukung sentimen bursa regional, serta potensi teknikal rebound setelah mengalami penurunan tajam dalam 3 hari bursa berturut-turut.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,995 Buy on Weakness 1,800 1,915 2,130 2,230
ANTM 830 Hold 775 805 865 900
BSDE 1,720 Sell on    Strength 1,665 1,700 1,820 1,875
HMSP 3,650  Buy on Weakness 3,370 3,510 3,880 4,000

 

Kiwoom Trader 19 April 2018

Bursa Eropa ditutup positif namun Dow Jones turun 0.2% pada level 24,748 seiring penurunan saham IBM. Bursa regional diperdagangkan positif pagi ini. Harga komoditas mengalami kenaikan atas potensi sanksi perdagangan yang akan diterapkan Amerika terhadap Rusia. Harga minyak mentah naik 2.9%, nickel naik 8.3% dan timah naik 2.5% berpotensi mendorong kenaikan saham sektor komoditas. IHSG kembali naik kemarin mendekati level tertinggi sebelumnya pada level 6,360 kendati dibayang pelemahan di pasar obligasi. Kami memperkirakan IHSG bergerak cenderung positif hari ini seiring aksi spekulasi pasar menjelang rilis kinerja keuangan 1Q 2018.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,830 Trading Buy 1,730 1,770 1,840 1,875
BWPT 286  Sell On Strength 242 260 304 320
PGAS 2,170 Buy On Weakness 1,985 2,120 2,300 2,420
WSBP 414 Buy On Weakness 382 400 434 452

 

Daily Research 19 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,320.0 6,410.7 6,500.8
  • Dow Jones closed 0.2% lower at 24,748 dragged by
    IBM shares. Regional market traded positive this
    morning.
  • Commodity prices traded higher as US plans trade
    sanctions to Russia. As the result crude oil rise 2.9%,
    nickel price up by 8.3% while tin price up by 2.5%
    which may support commodity sector today.
  • IDX traded higher yesterday near recent high at 6,360
    although bond market traded lower.
  • We expect IDX to trade positive today ahead of
    market speculation on good 1Q 2018 financial results.
BSDE

Trading Buy

S2 S1 Level R1 R2
1,730 1,770 1,830 1,840 1,875

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

BWPT

Sell on Strength

S2 S1 Level R1 R2
242 260 286 304 320

BWPT ended the trading negatively with higher volume and overbought RSI trend indicating a further downturn.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
1,985 2,120 2,170 2,300 2,420

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

WSBP

Buy on Weakness

S2 S1 Level R1 R2
382 400 414 434 452

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

Kiwoom Trader 07 March 2018


Bursa Eropa dan Amerika bergerak mixed dengan kecenderungan positif dengan Dow Jones naik 9.4 poin ditutup pada level 24,884 seiring perdebatan atas proposal kebijakan tarif Amerika. Bursa regional dibuka cenderung menurun pagi ini. IHSG turun, ditutup tepat pada garis “neckline” pola double top. Penembusan ke bawah level 6,478 berpotensi memicu koreksi lanjutan ditengah maraknya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,720 Sell on Strength 3,460 3,600 3,840 4,000
BSDE 1,785 Hold 1,720 1,760 1,845 1,875
INCO 3,070 Speculative Buy 2,760 2,920 3,250 3,430
UNVR 52,525 Sell on Strength 50,000 51,325 53,800 55,000