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 26 July 2017

S2 S1 IDX R1 R2
5,647.4 5,723.6   5,813.5 5,846.6 5,910.2
  • Dow Jones closed 100.26 point higher at 21,613.4 levels backed by positive sentiments on US earnings season.
  • Regional bourses traded positive ahead of the outcome of FOMC meeting tonight.
  • IDX’s candlestick formed hammer pattern and closed at its strong diagonal resistance line. A break above the line may send IDX to continue uptrend channel
    however the continuation of capital outflows may limit upside potentials.
  • We expect IDX to trade positive today.
CPIN

Sell on Strength

S2 S1 Level R1 R2
2,870 2,970 3,040 3,270 3,370

CPIN chance to continue lower after ended trading with high volume. The rally will valid if CPIN break below recent low level (S1).

CTRA

Sell

S2 S1 Level R1 R2
950 1,030 1,080 1,115 1,170

CTRA was still in the negative territory with the break on horizontal support in the middle of a high enough volume indicating a further downside potential.

DOID

Sell on Strength

S2 S1 Level R1 R2
550 640 680 800 865

DOID continues negative with high volume after breaking the support and form the downtrend channel pattern indicating a further downturn.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,120 2,200 2,250 2,310 2,430

PGAS moved higher after o a condolidation with a long  white candle and a high volume so that could lead to another positive 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-26-july-2017

 

 

Dow Jones naik 100.26 poin ditutup pada level 21,613.4 didukung sentimen positif kinerja perusahaan Amerika. Bursa kawasan regional diperdagangkan positif pagi ini menjelang hasil rapat FOMC nanti malam. Relatif rendahnya US$ index memicu penguatan harga komoditas seperti minyak mentah, metal, dan CPO, diharapkan dapat memberi sentimen positif hari ini.  Candlestick IHSG membentuk pola hammer tepat pada garis diagonal resisten kuat. Penembusan ke atas garis tersebut berpotensi mendorong penguatan IHSG ditengah masih berlanjutnya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,040 Sell on Strength 2,870 2,970 3,270 3,370
CTRA 1,080 Sell 950 1,030 1,115 1,170
DOID 680 Sell on Strength 550 640 800 865
PGAS 2,250 Trading Buy 2,120 2,200 2,310 2,430

*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 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,675.5 5,770.6 5,837.2
  • Dow Jones closed 89.4 point higher at all-time high 21,271.97 levels as market digests former FBI Director’s testimony with the Senate.
  • EIDO closed 1.2% lower at 26.66 last Friday.
  • IDX closed below strong diagonal support line, which also breaks below its recent low level, as foreign investors realized profits.
  • We expect IDX to trade in negative territory today.
BBCA

Buy on Weakness

S2 S1 Level R1 R2
16,550 17,075 17,700 18,500 19,000

 

BBCA closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,290 2,340 2,430 2,540

 

PGAS still carried on the downside turn but only with a thin volume so that any further downturn maybe in a limited range.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,600 8,900 9,375 9,575 9,825

 

SMGR ended the trading positively followed with a high volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
44,900 46,175 47,550 48,000 50,025

UNVR edged higher nearing its horizontal resistance on Friday in which suggesting that another upside movement maybe in a limited range.

* 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 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,702.9 5,770.6 5,837.2
  • Dow Jones closed 8.8 point higher at 21,182.5 levels after Senate hearing session with former FBI Director.
  • Exit polls on UK election suggest PM Theresa May win majority at the Parliament but with less seat than previously. ECB meeting decided to leave its benchmark rate unchanged.
  • IDX closed near recent low at 5,693 levels. A break below the level may trigger further correction.
  • We expect IDX to trade in negative territory today.
ADHI

Speculative Buy

S2 S1 Level R1 R2
2,030 2,120 2,170 2,250 2,330

ADHI closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

CPIN

Buy on Weakness

S2 S1 Level R1 R2
2,970 3,050 3,070 3,200 3,300

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

INDF

Sell on Strength

S2 S1 Level R1 R2
7,950 8,300 8,600 8,925 9,200

INDF was on the negative side with a formation a bearish engulfing yesterday indicating another downside movement.

ITMG

Sell on Strength

S2 S1 Level R1 R2
15,800 16,700 17,450 17,950 19,200

ITMG still moved in the positive side but with the presences of several resistance that could slow down the upside opportunity.

* 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 June 2017

Dow Jones naik 8.8 poin ditutup pada level 21,182.5 setelah Senat melakukan dengar pendapat dengan mantan Direktur FBI yang dipecat Presiden beberapa waktu lalu. Hasil hitung cepat Pemilu Inggris mengindikasikan PM Theresa May mendapatkan mayoritas suara di Parlemen, namun dengan jumlah kursi yang lebih sedikit dari sebelumnya. Rapat ECB memutuskan untuk tidak mengubah suku bunga acuan. Harga minyak dunia kembali turun ke level US$ 45.5 per barrel. IHSG ditutup turun sedikit dibawah garis diagonal support kuat, dekat dengan level terendah sebelumnya pada 5,693. Penembusan ke bawah level tersebut berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,170 Speculative Buy 2,030 2,120 2,250 2,330
CPIN 3,070 Buy on Weakness 2,970 3,050 3,200 3,300
INDF 8,600 Sell on Strength 7,950 8,300 8,925 9,200
ITMG 17,450 Sell on Strength 15,800 16,700 17,950 19,200

*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,