Daily Research 23 August 2017

 

S2 S1 IDX R1 R2
5,749.4 5,806.7   5,880.3 5,950 6,000
  • European and US market traded positive yesterday, could send some positive to IDX this morning. Dow Jones gained 0.9% closed at 21,899.9 level while EIDO up by 0.55% at 27.23 levels.
  • Regional bourses traded positive this morning which also backed by stronger metal prices.
  • BI’s Board of Governor decided to lower benchmark rate, BI 7 Day Repo Rate, by 25 basis points may support IDX’s positive momentum to test recent high
    levels at 5,910.
  • We expect IDX to trade in positive territory today.
AALI

Trading Buy

S2 S1 Level R1 R2
14,150 14,675 15,225 15,600 16,150

AALI managed an upside turn with a long white candle pattern and a high enough volume suggesting another favorable potential.

DOID

Sell on Strength

S2 S1 Level R1 R2
815 915 1,025 1,095 1,170

DOID closed the session higher with a thin volume and overbought RSI trend that could limit the upswing.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,130 3,340 3,420 3,600 3,780

EXCL edged higher with a high enough volume but with the presences of several resistances that could limit the upswing.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,580 2,740 2,990 3,060 3,240

INCO ended the trading positively with a thin volume and open gap up with an overbought RSI trend that could limit the upswing.

* 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 23 August 2017

 

Bursa Eropa dan Amerika ditutup naik, diharapkan dapat memberi sentimen positif terhadap IHSG pagi ini. Dow Jones naik 0.9% ditutup pada level 21,899.9 dengan EIDO naik 0.55% pada level 27.23. Bursa regional diperdagangkan positif pagi ini yang juga didukung oleh naiknya harga metal. Keputusan BI menurunkan tingkat bunga acuan 7 Day Repo Rate dapat menopang IHSG hari ini untuk kembali menguji level tertinggi sebelumnya pada 5,910. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,225 Trading Buy 14,150 14,675 15,600 16,150
DOID 1,025 Sell on Strength 815 915 1,095 1,170
EXCL 3,420 Sell on Strength 3,130 3,340 3,600 3,780
INCO 2,990 Sell on Strength 2,580 2,740 3,060 3,240

*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 03 July 2017

S2 S1 IDX R1 R2
5,691.4 5,749.6   5,829.7 5,874.4 5,930.0
  • Dow Jones closed 0.3% higher last Friday closed at 21,349.6 levels although European bourse traded lower dragged by bank stocks.
  • During a long holiday regional bourses traded relatively sideways.
  • EIDO and oil price each closed 0.5% and 7.5% higher during long holiday.
  • IDX closed at all-time high at the end of June although foreign investors booked relatively high net sell positions.
  • We expect IDX to trade on negative territory today as investors realize profits.
BMRI

Sell on Strength

S2 S1 Level R1 R2
11,750 12,250 12,750 12,900 13,500

BMRI was in the positive side but with a close near its previous high ini which could dampen a further up movement.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,150 3,280 3,410 3,500 3,600

EXCL closed the session higher near its diagonal resistance without volume that could limit the upswing.

ITMG

Sell on Strength

S2 S1 Level R1 R2
14,850 16,300 17,300 18,475 19,850

ITMG was in the negative territory with a bearish engulfing formation followed by a high volume indicating another downside potential.

PGAS

Speculative Buy

S2 S1 Level R1 R2
2,150 2,230 2,250 2,340 2,430

PGAS ended the trading negatively with a high volume and a presence of its several support levels 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.

Kiwoom Trader 03 July 2017

Dow Jones naik 0.3% hari Jumat pada level 21,349.6 namun bursa kawasan Eropa mengalami koreksi seiring tertekannya saham sektor bank. Selama pasar Indonesia tutup seminggu bursa kawasan regional diperdagangkan relatif mendatar. EIDO dan harga minyak masing-masing naik 0.5% dan 7.5% selama pasar Indonesia libur. IHSG ditutup pada level tertinggi baru pada 22 Juni lalu namun investor asing membukukan posisi jual bersih yang cukup tinggi. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring aksi ambil untung investor setelah IHSG mengalami window dressing akhir Juni lalu.

Stock Closing Rec. S2 S1 R1 R2
BMRI 12,750 Sell on Strength 11,750 12,250 12,900 13,500
EXCL 3,410 Sell on Strength 3,150 3,280 3,500 3,600
ITMG 17,300 Sell on Strength 14,850 16,300 18,475 19,850
PGAS 2,250 Speculative Buy 2,150 2,230 2,340 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 06 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,748.2 5,770.6 5,837.2
  • Dow Jones closed 2.2 point lower at 21,184 levels. Regional bourses traded lower this morning due to lack of positive sentiments and terrorist attacks.
  • Crude oil price traded lower although middle east countries closed diplomatic ties with Qatar due to terrorism and radicalism.
  • IDX may get another price correction today as yesterday’s candlestick formed an upside gap with a doji.
  • We expect IDX to trade negative today.
ADRO

Trading Buy

S2 S1 Level R1 R2
1,405 1,470 1,545 1,630 1,720

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

AISA

Sell on Strength

S2 S1 Level R1 R2
1,870 1,950 2,000 2,150 2,230

AISA closed the session lower and break below its diagonal support area with high enough volume indicating a further downturn.

EXCL

Sell on Strength

S2 S1 Level R1 R2
2,930 3,080 3,210 3,280 3,480

EXCL edged higher near its horizontal resistance in which suggesting a limited further upside potential.

MIKA

Hold

S2 S1 Level R1 R2
1,850 1,900 1,950 2,110 2,200

MIKA ended the trading negatively with a high volume but closed in its diagonal support and oversold 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.

Kiwoom Trader 06 June 2017

Dow Jones turun 2.2 poin ditutup pada level 21,184. Bursa kawasan regional diperdagangkan cenderung menurun pagi ini seiring minimnya sentimen penggerak pasar ditengah isu ancaman terorisme global. Harga minyak menurun kendati negara-negara produsen minyak Timur Tengah memutuskan hubungan dengan Qatar. Candlestick IHSG membentuk pola doji kemarin. Dengan open gap naik pada candlestick kemarin, IHSG rentan mengalami koreksi hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,545 Trading Buy 1,405 1,470 1,630 1,720
AISA 2,000 Sell on Strength 1,870 1,950 2,150 2,230
EXCL 3,210 Sell on Strength 2,930 3,080 3,280 3,480
MIKA 1,950 Hold 1,850 1,900 2,110 2,200

*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,