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,

Daily Research 03 April 2017

S2 S1 IDX R1 R2
5,534 5,563.7   5,568.1 5,620 5,650
  • Dow Jones closed 0.3% lower last Friday.
  • Regional bourses traded mixed after Donald Trump’s comment on North Korea, ahead of China’s President scheduled visit to US this week.
  • IDX traded lower after failed to break its strong diagonal resistance.
  • We expect IDX to trade mixed with negative tendency today.
BBCA

Sell on Strength

S2 S1 Level R1 R2
15,950 16,325 16,650 16,825 17,200

BBCA ended the trading negatively with a bearish engulfing formation with a high enough volume suggesting a further downturn.

EXCL

Buy on Weakness

S2 S1 Level R1 R2
2,850 3,000 3,060 3,255 3,370

EXCL closed the session lower with a long black candle formation near its short term diagonal support uptrend channel and a low volume indicating a limited downside potential.

PTBA

Sell on Strength

S2 S1 Level R1 R2
11,800 12,675 13,200 13,600 14,475

PTBA was still in positive side but with a close near its horizontal resistance that could limit the upside movement.

WSBP

Speculative Buy

S2 S1 Level R1 R2
485    525 495 500 500 515

WSBP ended the sessio n negatively in diagonal support area downtrend channel in a low volume and RSI in oversold area that could slow down the 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.

Kiwoom Trader 03 April 2017

Dow Jones ditutup turun 0.3% pada perdagangan hari Jumat lalu. Komentar Donald Trump terhadap Korea Utara membayangi pergerakan bursa regional hari ini. Donald Trump menyatakan bahwa Amerika akan menjalin kerja sama dengan negara-negara lain, terkecuali China, untuk mengamankan ancaman nuklir Korea Utara. Komentar tersebut muncul menjelang kunjungan kenegaraan Presiden China ke Amerika minggu ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 16,650 Sell on Strength 15,950 16,325 16,825 17,200
EXCL 3,060 Buy on Weakness 2,850 3,000 3,255 3,370
PTBA 13,200 Sell on Strength 11,800 12,675 13,600 14,475
WSBP 500 Speculative Buy 485 495 515 525

*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 24 March 2017

Dow Jones Industrial Average turun 4.72 poin, atau 0.02%, pada 20,656.58. Nasdaq Composite turun 3.95 poin, atau 0.07%, pada 5,817.69. Wall Street berada di kisaran negatif setelah ditundanya voting kebijakan kesehatan Trump.

Stock Closing Rec. S2 S1 R1 R2
EXCL 3,280 Trading buy 3,070 3,200 3,450 3,640
INDF 8,075 Speculative buy 7,725 7,950 8,300 8,600
SMGR 9,075 Speculative buy 8,600 8,975 9,400 9,625
UNVR 42,500 Speculative buy 41,250 42,000 43,025 43,600

*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 24 March 2017

S2 S1 IDX R1 R2
5,518 5,543   5,563.7 5,600 5,625
  • Most of the global markets in the positive side would expectedly send in the support.
  • The IDX edged higher to another new high yesterday. Nonetheless, an overbought trend would potentially create profit taking risks.
  • Therefore, we predict that the IDX would be in the positive side today.
EXCL

Trading buy

S2 S1 Level R1 R2
3,070 3,200 3,280 3,450 3,640

EXCL moved up with the break over its previous high that could lead to a further upside movement.

INDF

Speculative buy

S2 S1 Level R1 R2
7,725 7,950 8,075 8,300 8,600

INDF was in the negative side but with a low volume and a position near its horizontal support suggesting a limited downside potential.

SMGR

Speculative buy

S2 S1 Level R1 R2
8,600 8,975 9,075 9,400 9,625

SMGR was closed weaker near its short term diagonal support in a low volume that could slow down the downswing.

UNVR

Speculative buy

S2 S1 Level R1 R2
41,250 42,000 42,500 43,025 43,600

UNVR ended the session ne g a tively near its short term diagonal support with a thin volume so that any further downturn maybe in a limited range.

* 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.