Daily Research 17 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,286.8 6,410.7 6,500.8
  • Dow Jones closed 0.9% higher at 24,573 backed by
    1Q 2018 financial results as investors eased worries
    on Syria.
  • Regional market traded slightly positive this morning.
  • IDX traded and closed in positive territory with
    candlestick formed bullish harami pattern which may
    lead to a rebound today.
  • In all we expect IDX to trade mixed with positive
    tendency today as the market prepares for release of
    1Q 2018 financial reports.
AKRA

Hold

S2 S1 Level R1 R2
5,450 5,600 5,800 5,950 6,100

AKRA has a chance to continue rally after ended trading with high volume. The rally will valid if AKRA break above diagonal resistance.

CPIN

Sell On Strenght

S2 S1 Level R1 R2
3,540 3,630 3,840 3,900 3,950

CPIN closed the session higher in diagonal resistance area with a thin volume that could limit the upswing

UNVR

Sell on Strength

S2 S1 Level R1 R2
49,050 50,200 51,525 52,000 53,550

UNVR edged higher but with a position near its horizontal resistance possibly trimming a further upside potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,210 2,320 2,410 2,490 2,600

WSKT closed the session lower after break below horizontal support with increasing volume indicating a further downturn

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Kiwoom Trader 17 April 2018

Bursa Eropa ditutup bervariasi namun Dow Jones berhasil naik 0.9% pada level 24,573 seiring meredanya kekuatiran Syria serta kinerja keuangan perusahaan 1Q 2018. Bursa regional diperdagangkan cenderung positif pagi ini. IHSG ditutup positif kemarin dengan candlestick membentuk pola bullish harami sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini didukung spekulasi pasar menjelang rilis kinerja keuangan 1Q 2018.

Stock Closing Rec. S2 S1 R1 R2
AKRA 5,800 Hold 5,450 5,600 5,950 6,100
CPIN 3,840 Sell On Strength 3,540 3,630 3,900 3,950
UNVR 51,525  Sell On Strength 49,050 50,200 52,000 53,550
WSKT 2,410  Sell On Strength 2,210 2,320 2,490 2,600

 

Kiwoom Trader 11 April 2018

Bursa Eropa dan Amerika diperdagangkan positif seiring meredanya kekuatiran perang dagang seiring pernyataan Presiden China yang akan mengkaji kebijakan penurunan pajak impor otomotif. Dow Jones naik 1.8% pada level 24,408. Bursa regional dibuka cenderung mendatar pagi ini. IHSG mengalami teknikal rebound seiring mulai pulihnya sentimen global. Kendati EIDO naik 3% pada level 27.74 kami memperkirakan IHSG bergerak mixed hari ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,875 Trading Buy 7,150 7,350 8,000 8,250
CPIN 3,750 Hold 3,500 3,640 3,830 4,000
EXCL 2,730 Trading Buy 2,360 2,570 2,870 3,010
GGRM 77,500 Trading Buy 70,000 72,500 79,000 82,600

 

Daily Research 11 April 2018

S2 S1 IDX R1 R2
6,070.1 6,179.4 6,325.8 6,386.2 6,500.8
  • Dow Jones gain 1.8% at 24,408 after Chinese President said to discuss measures including lowering import tariffs on autos.
  • While European and US market traded positive, regional market traded sideways this morning.
  • IDX on a technical rebound yesterday as global investor confidence rise.
  • While EIDO gain 3% at 27.74 we expect IDX to trade sideways today as investors tend to take profit on a volatile market.
BMRI

Trading Buy

S2 S1 Level R1 R2
7,150 7,350 7,875 8,000 8,250

BMRI closed the session higher with bullish engulfing pattern and followed by high enough volume indicating another upside potential.

CPIN

Hold

S2 S1 Level R1 R2
3,500 3,640 3,750 3,830 4,000

CPIN ended the trading higher after break recent high with high volume indicating another upside potential.

EXCL

Trading Buy

S2 S1 Level R1 R2
2,360 2,570 2,730 2,870 3,010

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

GGRM

Trading Buy

S2 S1 Level R1 R2
70,000 72,500 77,500 79,000 82,600

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

Kiwoom Trader 02 April 2018

Bursa Eropa dan Amerika diperdagangkan positif akhir pekan lalu setelah mengalami koreksi yang cukup dalam. Dow Jones naik 1.1% pada level 24,103 dengan EIDO naik 1.7% pada level 26.96. Bursa regional diperdagangkan sedikit naik pagi ini. IHSG ditutup positif hari Kamis seiring aksi window dressing investor. Potensi penguatan lanjutan IHSG berpotensi dibatasi oleh garis diagonal resisten kuat. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,300 Trading Buy 6,900 7,100 7,500 7,700
CPIN 3,450 Trading Buy 3,120 3,200 3,490 3,600
KLBF 1,500 Trading Buy 1,400 1,450 1,550 1,600
SMGR 10,350 Sell on strength 9,400 9,875 10,525 10,875

 

Daily Research 02 April 2018

S2 S1 IDX R1 R2
5,972.3 6,054.6 6,189.0 6,251.5 6,353.7
  • Dow Jones closed 1.1% higher at 24,103 with EIDO climbed 1.7% at 26.96.
  • Regional market traded slightly higher this morning.
  • IDX closed positive last Thursday backed by window dressing sentiments but rebound potentials seemed capped by strong diagonal resistance line.
  • We expect IDX to trade mixed with positive tendency today.
ASII

Trading Buy

S2 S1 Level R1 R2
6,900 7,100 7,300 7,500 7,700

ASII moved up rather considerably with a long white candle and increase volume that could lead to another favorable opportunity.

CPIN

Trading Buy

S2 S1 Level R1 R2
3,120 3,200 3,450 3,490 3,600

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

KLBF

Trading Buy

S2 S1 Level R1 R2
1,400 1,450 1,500 1,550 1,600

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

SMGR

Sell on strength

S2 S1 Level R1 R2
9,400 9,875 10,350 10,525 10,875

SMGR managed a rather positive turn followed volume but the presence of a horizontal that could limit the current upswing.

Kiwoom Trader 20 February 2018


Bursa Eropa mengalami koreksi teknikal. Bursa Amerika tutup memperingati President’s Day. Bursa regional turun mengikuti bursa Eropa seiring sepinya berita penggerak pasar. US Dollar Index pada kisaran 89 memicu kenaikan harga komoditas, menopang kenaikan harga minyak dan batubara. IHSG ditutup pada level tertinggi baru didukung aksi beli investor asing. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,630 Trading Buy 3,310 3,450 3,640 3,790
ELSA 450 Hold 394 415 458 480
SMGR 11,700 Trading Buy 10,750 11,050 12,000 12,200
WIKA 2,010 Speculative Buy 1,840 1,940 2,080 2,180

*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,