Daily Research 5 Juni 2018

S2	S1	IDX	R1	R2
5,833.6	5,907.9	6,014.8	6,138.1	6,240.6

• Dow Jones gained 0.7% at 24,813.7 back by tech sector as Nasdaq closed near all-time high.
• Regional market traded mixed this morning due to rising concerns of US-China trade policy ahead of G-7 meeting this weekend.
• IDX’s candlestick formed bullish harami pattern which potential for a technical rebound.
• However we think IDX to trade mixed today ahead of long Lebaran holiday which shadowed by global trade issues and rising global interest rates as investors tend to avoid risky assets.

BMRI	Sell on Strength
S2	S1	Level	R1	R2
7,025	7,225	7,375	7,425	7,675

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

ELSA	Buy on Weakness
S2	S1	Level	R1	R2
356	384	392	434	458

ELSA ended the trading negatively after break recent low with a thin volume and a presence of its several support levels that could dampen a further downside movement.

EXCL	Sell on Strength
S2	S1	Level	R1	R
1,945	2,160	2,370	2,520	2,730

EXCL moved higher with a long white candle pattern with the diagonal resistance that could limit the upswing.

JSMR	Trading Buy
S2	S1	Level	R1	R2
4,100	4,370	4,630	4,740	5,050

JSMR closed the session higher and break above recent high with higher volume indicating another upside potential.

Kiwoom Trader 5 Juni 2018

Bursa Eropa dan Amerika ditutup naik seiring pembicaraan kebijakan perdagangan Amerika-China. Dow Jones naik 0.7% ditutup pada level 24,813.7 didukung saham sektor teknologi. Nasdaq mendekati rekor tertinggi sebelumnya didukung saham Apple, Amazon, dan Microsoft. Bursa regional diperdagangkan mendatar pagi ini seiring mulai meningkatnya kekuatiran kebijakan perdagangan Amerika-China menjelang pertemuan G-7 akhir pekan ini. Pola candlestick IHSG membentuk pola bullish harami sehingga berpotensi mengalami teknikal rebound. Namun demikian kami memperkirakan IHSG bergerak mixed menjelang libur Lebaran yang diliputi kekuatiran perang dagang global serta potensi kenaikan tingkat bunga global seiring kecenderungan investor mengurangi portfolio saham.

Stock	Closing	Rec.	S2	S1	R1	R2
BMRI	7,375	Sell on Strength	7,025	7,225	7,425	7,675
ELSA	392	Buy on Weakness	356	384	434	458
EXCL	2,370	Sell on Strength	1,945	2,160	2,520	2,730
JSMR	4,630	Trading Buy	4,100	4,370	4,740	5,050

Daily Research 30 April 2018

S2	S1	IDX	R1	R2
5,749.2	5,840.9	5,840.9	6,134.0	6,246.1

• Dow Jones closed 11 point lower at 24,311 due to lack of new positive catalysts. US 10-year Treasury yield closed around 2.96% ahead of 1-2 May FOMC meeting.
• Regional market traded flat with positive tendency this morning while Japanese market closed on Showa Day.
• IDX closed on oversold territory last Friday which may get technical rebound today.
• We expect IDX to trade mixed with positive tendency as selloffs creates buying opportunities.

AKRA	Hold
S2	S1	Level	R1	R2
4,550	4,800	4,860	5,450	5,800

AKRA closed below its recent low. A further downside would remain possible if AKRA break its long term diagonal support may trigger price correction.

BMRI	Speculative Buy
S2	S1	Level	R1	R2
6,525	6,775	6,925	7,150	7,350

BMRI closed the session higher with bullish harami pattern and with higher volume indicating another upside potential.

EXCL	Sell on Strength
S2	S1	Level	R1	R2
1,950	2,040	2,160	2,370	2,520

EXCL ended the trading negatively with higher volume after break below diagonal support indicating a further downturn.

ITMG	Hold
S2	S1	Level	R1	R2
21,075	22,500	23,600	25,500	26,850

ITMG closed below its recent low. A further downside would remain possible if ITMG break its diagonal support may trigger price correction.

Kiwoom Trader 30 April 2018

Pasar Mixed Positif. Dow Jones turun 11 poin ditutup pada level 24,311 seiring berkurangnya momentum positif. Tingkat imbal hasil obligasi Pemerintah Amerika 10 tahun berada pada kisaran 2.96% menjelang rapat FOMC 1-2 Mei 2018. Bursa regional diperdagangkan mendatar dengan kecenderungan positif pagi ini. Bursa Jepang tutup hari ini (Showa Day). IHSG ditutup dalam teritori oversold sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini seiring kecenderungan investor memanfaatkan momentum oversold.

Stock	Closing	Rec.	S2	S1	R1	R2
AKRA	4,860	Hold	4,550	4,800	5,450	5,800
BMRI	6,925	Speculative    Buy	6,525	6,775	7,150	7,350
EXCL	2,160	Sell On Strength	1,950	2,040	2,370	2,520
ITMG	23,600	Hold	21,075	22,500	25,500	26,850

 

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.

Daily Research 24 November 2017

S2	S1	IDX	R1	R2
5,955.2	5,995.9	6,063.2	6,098.8	6,130

• US stock indexes closed for Thanksgiving holiday, while European markets ended mix with tendency to weaken.
• The Shanghai Composite dropped significantly yesterday after concerns about a possible liquidity crisis.
• Nikkei 225 and All Ordinaries opened lower this morning, Kospi higher.
• JCI today will still move in mix direction. Support 6,000 and resistance 6,120.

ADHI	Sell on Strength
S2	S1	Level	R1	R2
1,830	1,930	2,010	2,100	2,200

ADHI moved negatively with a long black candle followed by a high volume suggesting a further downside potential.

EXCL	Speculative Buy
S2	S1	Level	R1	R2
2,630	2,870	3,070	3,230	3,420

EXCL moved down during the last several days but with the presences of several support and an oversold RSI trend in which could limit the downturn.

SILO	Trading Buy
S2	S1	Level	R1	R2
9,275	9,800	10,100	10,550	11,000

SILO closed the session higher with high enough volume indicating another upside potential.

TINS	Buy on Weakness
S2	S1	Level	R1	R2
800	835	870	900	940

TINS ended the trading negatively near diagonal support with a thin volume suggesting 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.

Kiwoom Trader 24 November 2017

Indeks saham AS kemarin libur memperingati Thanskgiving, sementara pasar Eropa berakhir mix cenderung melemah. Shanghai Composite kemarin turun signifikan setelah adanya kekhawatiran investor mengenai kemungkinan krisis likuiditas. Indeks Nikkei 225 dan All Ordinaries dibuka turun pagi ini, Kospi naik. IHSG hari ini masih akan bergerak mix. Support 6000, resistance 6120.

Stock	Closing	Rec.	S2	S1	R1	R2
ADHI	2,010	Sell on Strength	1,830	1,930	2,100	2,200
EXCL	3,070	Speculative Buy	2,630	2,870	3,230	3,420
SILO	10,100	Trading Buy	9,275	9,800	10,550	11,000
TINS	870	Buy on Weakness	800	835	900	940

*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 October 2017

 

S2	S1	IDX	R1	R2
5,825.1	5,854.5	5,882.8	5,914.9	5,939.5

• Dow Jones closed 42.2 point higher at fresh new high 22,872.9 levels backed by positive sentiments over 9M 2017 earnings. Market also cheered as there is certainty that Minutes of previous FOMC meeting assure market that
  The Fed will lift benchmark rate on December FOMC meeting.
• Regional market traded sideways this morning due to lack of positive catalysts.
• IDX traded lower near its strong diagonal support line as foreign investor sold TLKM shares yesterday.
• In all we expect IDX to trade lower today as foreign investors keep selling Indonesian equities.

BBTN	Trading Buy
S2	S1	Level	R1	R2
2,750	2,930	3,010	3,160	3,300

BBTN moved in the positive area with a bullish engulfing formation indicating a further upside potential.

EXCL	Sell on Strength
S2	S1	Level	R1	R2
3,200	3,360	3,460	3,700	3,850

EXCL ended the trading negatively after break below long term diagonal support with high enough volume indicating a further downturn.

JSMR	Sell on Strength
S2	S1	Level	R1	R2
5,700	5,925	6,075	6,250	6,500

JSMR still carried on the upside turn but only with a shooting star pattern and an open gap that could potentially push for a correction.

UNVR	Sell on Strength
S2	S1	Level	R1	R2
46,725	48,100	48,875	50,000	51,425

UNVR closed the session lower below long term diagonal support with higher volume indicating 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 12 October 2017

Pasar Eropa diperdagangkan mixed namun Dow Jones berhasil ditutup naik 42.2 poin ditutup pada level tertinggi baru 22,872.9 didukung sentimen positif atas kinerja keuangan 9M 2017 yang akan segera dirilis. Pasar juga menyambut baik kepastian penyesuaian bunga yang akan dilakukan The Fed dalam rapat bulan Desember setelah mendengarkan notulen rapat FOMC tadi malam. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG turun mendekati diagonal support kuat akibat tekanan jual investor asing atas saham TLKM kemarin. Kami memperkirakan IHSG bergerak cenderung menurun karena masih berlanjutnya aksi jual investor asing.

Stock	Closing	Rec.	S2	S1	R1	R2
BBTN	3,010	Trading Buy	2,750	2,930	3,160	3,300
EXCL	3,460	Sell on Strength	3,200	3,360	3,700	3,850
JSMR	6,075	Sell on Strength	5,700	5,925	6,250	6,500
UNVR	48,875	Sell on Strength	46,725	48,100	50,000	51,425

*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,