Daily Research 22 January 2018

S2 S1 IDX R1 R2
6,279.5 6,371.2 6,490.9 6,520.0 6,575.0
  • Dow Jones closed 56.9 point higher at 26,071.7 levels. However until Friday (due date) midnight US Senate don’t reach agreements and triggered “Government shutdown” .
  • This may affect regional market which already traded flat this morning.
  • Tendency of US Dollar depreciation (as impact of US Government shutdown) and relatively high global energy prices expected to support IDX which traded in overbought territory.
  • We expect IDX to trade sideways with negative tendency today as some investors tend to realize profits.
CPIN

Sell on Strength

S2 S1 Level R1 R2
3,290 3,400 3,540 3,600 3,680

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

GJTL

Trading Buy

S2 S1 Level R1 R2
680 765 825 910 1,010

GJTL closed the session higher above its short term horizontal resistance with high enough volume indicating another upside potential.

HMSP

Sell on Strength

S2 S1 Level R1 R2
4,600 4,830 5,100 5,150 5,250

HMSP closed the session all time high with a thin volume and overbought RSI trend that could limit the upswing.

PTPP

Buy on Weakness

S2 S1 Level R1 R2
2,690 2,880 2,960 3,100 3,250

PTPP continued the weak turn but with the presence of several supports that could slow down the current downswing.

* 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.

Advertisements

Kiwoom Trader 22 January 2018


Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu. Dow Jones naik 56.9 poin ditutup pada level 26,071.7. Namun demikian hingga batas waktu pembahasan anggaran hari Jumat tengah malam, Senat belum mencapai kesepakatan sehingga memicu Government shutdown. Hal ini dapat mempengaruhi pergerakan bursa hari ini. Bursa regional dibuka mendatar pagi ini. Kecenderungan depresiasi US Dollar (sebagai dampak shutdown) serta relatif tingginya harga komoditas energi diharapkan dapat menopang IHSG yang telah memasuki teritori overbought. Kami memperkirakan IHSG bergerak mendatar hari ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,540 Sell on Strength 3,290 3,400 3,600 3,680
GJTL 825 Trading Buy 680 765 910 1,010
HMSP 5,100 Sell on Strength 4,600 4,830 5,150 5,250
PTPP 2,960 Buy on Weakness 2,690 2,880 3,100 3,250

*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 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,385.4 6,445.9 6,500.0
  • European and American market traded sideways with Dow Jones closed 12.9 point lower at 25,283.
  • Regional market traded positive this morning.
  • Commodity prices stay at their high levels, as US Dollar Index lower, expected to support positive sentiment for IDX which book another record high yesterday.
  • Backed by selective purchase on Indonesian equities by foreign investors, as well as Rupiah appreciation, we expect IDX to continue its upside momentum today.
CPIN

Buy on Weakness

S2 S1 Level R1 R2
2,950 3,160 3,290 3,560 3,700

CPIN took a weak movement followed by a long black candle pattern signaling another downside potential.

ITMG

Trading Buy

S2 S1 Level R1 R2
20,250 21,075 22,975 23,500 24,000

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

PTPP

Trading Buy

S2 S1 Level R1 R2
2,530 2,650 2,880 2,950 3,070

PTPP ended the trading positively after break above diagonal resistance with higher volume indicating another upside potential.

WIKA

Speculative Buy

S2 S1 Level R1 R2
1,500 1,590 1,700 1,800 1,910

WIKA managed a rebound turn after on a downswing with a full white candle and supported by a high enough volume suggesting another favorable 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 29 December 2017


Indeks saham AS bergerak lebih tinggi menuju rekor tertinggi barunya, sementara indeks saham Eropa bergerak mix cenderung melemah di tengah volume perdagangan yang menipis menuju akhir tahun. Nikkei 225 dibuka lebih tinggi pagi ini, sementara All Ordinaries lebih rendah. Penguatan yang sudah cukup signifikan pada IHSG membuatnya rawan terhadap aksi ambil untung meskipun masih ada peluang untuk menguat terbatas karena momentum yang masih positif. Support 6250 resistance 6375.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,950 Sell on Strength 7,325 7,525 8,100 8,300
CPIN 3,330 Sell on Strength 3,080 3,180 3,400 3,530
SMGR 10,200 Sell on Strength 9,550 9,900 10,300 10,575
TLKM 4,390 Sell on Strength 4,200 4,300 4,440 4,520

*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 21 December 2017

S2 S1 IDX R1 R2
6,005.1 6,052.5 6,109.4 6,167.6 6,200.0
  • US stocks move lower after US Parliament finally passes Tax Reform Law.
  • Tonight global investors will still be waiting for US GDP growth data.
  • Nikkei 225, Kospi, and All Ordinaries opened lower this morning.
  • JCI momentum is still positive especially after Fitch’s upgrading of Indonesia’s rating this morning, despite a deep correction yesterday but still felt quite
    reasonable. Support 6,050 and resistance 6,170.
CPIN

Buy on weakness

S2 S1 Level R1 R2
2,820 2,950 3,110 3,270 3,400

CPIN moved lower but with the presences of several supports that could dampen the downturn.

HMSP

Sell on strength

S2 S1 Level R1 R2
4,110 4,320 4,450 4,550 4,700

HMSP was in the negative side with a bearish engulfing formation and a high volume suggesting another weak potential.

ISAT

Hold

S2 S1 Level R1 R2
4,600 4,800 4,850 5,000 5,200

ISAT moved lower during the last several days but with presence of its horizontal support. A further downside would rem

UNVR

Sell on strength

S2 S1 Level R1 R2
50,000 51,100 53,000 54,100 56,000

UNVR moved in the negativ e side after failing to break its previous high so that could lead to a further down

* 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 21 December 2017


Indeks saham AS bergerak lebih rendah setelah Parlemen AS akhirnya mengesahkan UU Reformasi Pajak. Malam ini investor global masih akan menantikan data pertumbuhan GDP AS. Nikkei 225, Kospi, dan All Ordinaries dibuka lebih rendah pagi ini. Momentum IHSG masih positif terutama pasca kenaikan rating Indonesia oleh Fitch pagi ini, meskipun kemarin terjadi koreksi dalam namun dirasa masih cukup wajar. Support 6050 resistance 6170.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,110 Buy on weakness 2,820 2,950 3,270 3,400
HMSP 4,450 Sell on Strength 4,110 4,320 4,550 4,700
ISAT 4,850 Hold 4,600 4,800 5,000 5,200
UNVR 53,000 Sell on Strength 50,000 51,100 54,100 56,000

*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 08 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,006.8 6,053.0 6,098.8
  • US stock indexes moved higher after President Trump revealed plans to announce infrastructure spending.
  • Investors are also still waiting for the continuation of the discussion of the Tax Reform Bill and the state budget to avoid government shutdown after this weekend.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI failed to maintain the strengthening and ended under its MA20 support. Although there is a chance of rebound but the movement today will still tend to mix. Support 5,945 and resistance 6,065.
BBRI

Sell on Strength

S2 S1 Level R1 R2
3,140 3,280 3,380 3,460 3,560

BBRI was in the negative side followed by a dark cloud cover pattern indicating a further downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,150 3,300 3,550 3,600 3,700

BBTN closed the session all time high with a thin volume and overbought RSI trend that could limit the upside turn.

CPIN

Trading Buy

S2 S1 Level R1 R2
2,820 2,920 3,020 3,130 3,270

CPIN moved higher supported by a high enough volume that could lead to another positive movement today.

ISAT

Speculative Buy

S2 S1 Level R1 R2
4,600 4,800 4,910 5,200 5,400

ISAT ended the trading negatively in diagonal support with a thin volume and overbought 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.