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 21 July 2017

S2 S1 IDX R1 R2
5,702.9 5,769.6   5,825.2 5,865.4 5,910.2
  • Dow Jones closed 0.13% lower at 21,611.78 levels as the market doubt Trump’s administration’s ability to implement pro-growth proposals.
  • Regional bourses traded lower this morning after Mario Draghi’s comment during ECB meeting sessions which indicates that talks about current monetary policy changes (taper) should start this fall.
  • IDX traded higher yesterday but still near its strong diagonal support line.
  • We expect IDX to trade sideways today as foreign investors keep book net sell on Indonesian equities.
ADHI

Trading Buy

S2 S1 Level R1 R2
1,895 2,000 2,180 2,250 2,330

ADHI ended the trading positively with a long white candle pattern also supported by a high volume indicating another upside potential.

ADRO

Sell on Strength

S2 S1 Level R1 R2
1,600 1,700 1,820 1,840 1,930

ADRO closed the session higher with high volume but a presence of its several level resistance and near its overbought RSI trend that could limit the upside turn.

CTRA

Buy on Weakness

S2 S1 Level R1 R2
1,030 1,090 1,135 1,185 1,250

CTRA was on the weak side during the last 6 days but with the presence of its diagonal support in which expectedly could trim the downswing.

ITMG

Sell on Strength

S2 S1 Level R1 R2
19,200 20,450 21,600 22,200 23,500

ITMG was in the positive side with a long white candle. But so, a position near its recent high would have the chance to dampen the gaining turn.

* 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 July 2017

Dow Jones turun 0.13% ditutup pada level 21,611.78 dibayangi keraguan pasar atas kepemimpinan Presiden untuk kemajuan ekonomi. Konsul khusus Amerika akan segera memulai pemeriksaan terkait kebijakan bisnis pribadi Donald Trump dan keluarganya. Bursa regional diperdagangkan cenderung turun pagi ini setelah pasar mendengar komentar Draghi dalam rapat ECB yang mengisyaratkan kajian atas perubahan kebijakan QE (taper) dilakukan pada musim gugur akhir tahun ini. IHSG sedikit naik namun masih berada dekat dengan garis diagonal support kuat. Potensi penguatan IHSG masih dibayangi aksi jual investor asing. Kami memperkirakan IHSG bergerak cenderung mendatar hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,180 Trading Buy 1,895 2,000 2,250 2,330
ADRO 1,820 Sell on Strength 1,600 1,700 1,840 1,930
CTRA 1,135 Buy on Weakness 1,030 1,090 1,185 1,250
ITMG 21,600 Sell on Strength 19,200 20,450 22,200 23,500

*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 13 July 2017

 

Dow Jones naik 0.57% ditutup pada level tertinggi baru 21,532.14 setelah pasar mendengarkan penjelasan Janet Yellen terkait kebijakan moneter serta target inflasi Amerika. Bursa regional diperdagangkan positif pagi ini mengikuti sentimen positif Dow. EIDO naik 2.1% ditutup pada level 27.36 diharapkan dapat menopang awal perdagangan bursa pagi ini. IHSG rebound kemarin setelah mendekati garis diagonal support kuat. IHSG berpotensi naik menguji level tertinggi sebelumya pada level 5,910. Kami memperkirakan IHSG bergerak positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,665 Trading Buy 1,500 1,565 1,700 1,750
BBNI 7,000 Sell on Strength 6,575 6,775 7,200 7,400
CTRA 1,235 Sell on Strength 1,115 1,185 1,245 1,300
PTBA 12,500 Trading Buy 11,500 12,050 12,975 13,850

*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 15 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,792.9 5,837.2 5,900.0
  • Dow Jones closed 46.1 point higher at 21,374.56 levels while EIDO closed 1.15% higher at 27.33 levels. The Fed decided to increase Fed Fund Rate by 25 Bps on its FOMC meeting.
  • Regional bourses traded mixed this morning, clouded by lower crude oil price after US crude oil inventory data released.
  • IDX closed at all-time high on last minute trades but not supported by strong trading volume.
  • We expect IDX to trade mixed with positive tendency this morning.
CTRA

Trading Buy

S2 S1 Level R1 R2
1,000 1,095 1,160 1,230 1,300

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

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,300 5,375 5,525

JSMR ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

WIKA

Trading Buy

S2 S1 Level R1 R2
2,100 2,180 2,260 2,330 2,400

WIKA has a chance to continue rally after ended trading with high volume. A break above R1 may send WIKA higher to test resistance levels.

WSKT

Trading Buy

S2 S1 Level R1 R2
2,180 2,250 2,350 2,420 2,500

WSKT moved rather positively supported by a high enough volume that could create the opportunity to break its resistance.

* 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 15 June 2017

Dow Jones naik 46.1 poin ditutup pada level 21,374.56. EIDO naik 1.15% ditutup pada level 27.33. The Fed kembali menaikkan suku bunga sebesar 25 basis poin dan mengindikasikan akan kembali menaikkan bunga satu kali lagi tahun ini, sesuai dengan ekspektasi pasar. Bursa regional di perdagangkan mixed pagi ini ditengah sentimen penurunan harga minyak dunia setelah keluarnya data persediaan minyak Amerika. IHSG ditutup pada level tertinggi baru namun tidak didukung oleh kenaikan volume perdagangan. Oleh karena itu kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
CTRA 1,160 Trading Buy 1,000 1,095 1,230 1,300
JSMR 5,300 Sell on Strength 5,000 5,150 5,375 5,525
WIKA 2,260 Trading Buy 2,100 2,180 2,330 2,400
WSKT 2,350 Trading Buy 2,180 2,250 2,420 2,500

*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,