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,

Kiwoom Trader 26 April 2017

Dow Jones naik 1.1% ditutup pada level 20,996.1 seiring optimisme kinerja perusahaan 1Q 2017 serta reformasi pajak yang diusulkan Donald Trump. Bursa kawasan regional pagi ini bergerak positif didukung sentimen positif Dow. Candlestick IHSG membentuk pola hanging man, ditutup sedikit lebih tinggi dibandingkan posisi all-time high sebelumnya, mengindikasikan IHSG rawan koreksi akibat profit taking. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini ditengah optimisme pasar atas kinerja keuangan 1Q 2017.

Stock Closing Rec. S2 S1 R1 R2
BBNI 6,200 Trading Buy 5,875 6,025 6,350 6,525
CPIN 3,370 Sell on Strength 3,240 3,300 3,420 3,480
EXCL 3,190 Trading Buy 2,890 3,090 3,300 3,480
HRUM 2,500 Buy on Weakness 2,290 2,440 2,630 2,800

*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 05 April 2017

S2 S1 IDX R1 R2
5,552.7 5,592.5   5,651.8 5,670 5,700
  • Dow Jones closed 0.2% higher at 20,689.2 level, sending some positive sentiments over Asian bourses this morning despite ballistic missile launch from North Korea this morning.
  • IDX booked another record high yesterday backed by a strong net buy position from foreign investors. However it closed at strong diagonal resistance line, may cap its upside potentials.
  • In all we expect IDX to trade positive today.
ADRO

Sell on Strength

S2 S1 Level R1 R2
1,750 1,820 1,930 1,950 2,000

ADRO ended the trading positively above its diagonal resistance with a high enough volume but with a open gap up an overbought RSI trend that could limit the upswing.

AKRA

Trading Buy

S2 S1 Level R1 R2
6,125 6,250 6,475 6,575 6,700

AKRA closed the session higher with a long white candle formation after break above its diagonal support with high volume indicating another upside potential.

CPIN

Trading Buy

S2 S1 Level R1 R2
3,120 3,270 3,350 3,480 3,600

CPIN moved up with a broken diagonal resistance also supported by a high volume indicating another upside potential.

KBLI

Buy on Weakness

S2 S1 Level R1 R2
500 550 640 700 750

KBLI moved down again fo l lowed by a long black candle and a high enough volume suggesting a further 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 05 April 2017

Dow Jones naik 0.2% ditutup pada level 20,689.2 memberi sentimen positif pada sesi pagi perdagangan di bursa kawasan Asia walaupun Korea Utara meluncurkan rudal pagi hari ini. Penutupan EIDO naik 1.2% pada level 26.46 diharapkan dapat menopang IHSG pagi hari ini. IHSG kembali membukukan rekor tertinggi baru yang didukung oleh minat beli asing. Namun demikian penutupan IHSG tepat pada garis diagonal resisten kuat berpotensi menahan penguatan lanjutan. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,930 Sell on Strength 1,750 1,820 1,950 2,000
AKRA 6,475 Trading Buy 6,125 6,250 6,575 6,700
CPIN 3,350 Trading Buy 3,120 3,270 3,480 3,600
KBLI 640 Buy on Weakness 500 550 700 750

*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 27 March 2017

S2 S1 IDX R1 R2
5,518 5,543   5,567.1 5,600 5,625
  • Weak regional markets would send in the negative sentiment.
  • The IDX was up in a thin range again setting a new record high last week. But so, a still overbought trend and a doji pattern would create correction potential.
  • Therefore, we predict that the IDX would be in the negative side today.
BNLI

Buy on weakness

S2 S1 Level R1 R2
645 680 690 710 755

BNLI moved lower during the last several days but with the presence of its horizontal support that could limit the weak turn.

CPIN

Buy on weakness

S2 S1 Level R1 R2
2,900 3,060 3,200 3,340 3,500

CPIN took a weak turn with a long black candle formation but with a thin volume and the presences of several supports that could expectedly slow down the downswing.

ICBP

Sell on strength

S2 S1 Level R1 R2
8,150 8,500 8,600 8,950 9,250

ICBP ended the trading n e gatively with a bearish engulfing formation with a high enough volume suggesting a further downturn.

JSMR

Buy on weakness

S2 S1 Level R1 R2
4,300 4,440 4,550 4,720 4,860

JSMR closed the session lower near its short term diagonal support and a low volume indicating a limited downside 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.