Kiwoom Trader 21 August 2017

 

Dow Jones turun 76.22 poin ditutup pada level 21,674.51 ditengah kenaikan harga minyak mentah. Bursa regional diperdagangkan cenderung menurun pagi ini. IHSG ditutup menguat dekat level tertinggi sebelumnya dan garis diagonal resisten kuat, sehingga IHSG rentan mengalami koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
GGRM 74,000 Sell on Strength 68,000 70,950 75,500 78,000
PTPP 2,890 Sell on Strength 2,600 2,710 2,980 3,120
PTRO 1,125 Sell on Strength 850 945 1,260 1,420
RALS 1,000 Trading Buy 825 900 1,040 1,110

*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 August 2017

 

S2 S1 IDX R1 R2
5,749.4 5,806.7   5,893.8 5,950 6,000
  • Dow Jones closed 76.22 point lower at 21,674.51 in relatively strong crude oil prices.
  • Regional bourses opened lower this morning.
  • IDX traded higher and closed near its recent high and strong diagonal support line, thus limit IDX’s upside potentials.
  • We expect IDX to trade negative today.
GGRM

Sell on Strength

S2 S1 Level R1 R2
68,000 70,950 74,000 75,500 78,000

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

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,600 2,710 2,890 2,980 3,120

PTPP still carried on the weak turn with the presences of several supports that could dampen the downturn.

PTRO

Sell on Strength

S2 S1 Level R1 R2
850 945 1,125 1,260 1,420

PTRO closed the session higher with high enough volume and overbought RSI trend that could limit the upside turn.

RALS

Trading Buy

S2 S1 Level R1 R2
825 900 1,000 1,040 1,110

RALS ended the trading positively with long white candle pattern and higher volume indicating another upside 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.

Daily Research 02 August 2017

S2 S1 IDX R1 R2
5,723.6 5,771.5   5,805.2 5,865.4 5,910.2
  • Dow Jones closed 72.8 point higher at fresh new high at 21,963.9 levels led by strong corporate earnings.
  • Crude oil price traded below US$ 49 per barrel this morning after reports reveal increase in OPEC production last month.
  • Regional markets traded mixed this morning, could not send positive sentiments for IDX.
  • Foreign net sell triggered IDX correction yesterday after traded near strong diagonal resistance line within the past trading days. A break below 5,765 recent low may trigger market correction.
  • We expect IDX to trade on negative territory today.
BJTM

Sell on Strength

S2 S1 Level R1 R2
595 635 670 700 730

BJTM was in the positive side with a long white candle  with a high enough volume suggesting another upside opportunity.

CPIN

Trading Buy

S2 S1 Level R1 R2
2,500 2,600 2,770 2,850 2,950

CPIN closed the session higher with high enough volume and break diagonal resistance after on a weak trend in the last 5 days creating a technical rebound.

GGRM

Sell on Strength

S2 S1 Level R1 R2
69,200 71,000 72,275 78,000 79,800

GGRM ended the trading negatively and break below diagonal support with high enough volume indicating a further downturn.

HRUM

Speculative Buy

S2 S1 Level R1 R2
2,000 2,180 2,320 2,500 2,680

HRUM closed that session higher above its horizontal resistance followed volume indicating another upside 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 02 August 2017

Dow Jones naik 72.8 poin ditutup pada level tertinggi baru 21,963.9 didukung kinerja keuangan korporasi. Harga minyak turun dibawah level US$ 49 per barrel seiring laporan kenaikan produksi OPEC. Bursa regional diperdagangkan mixed pagi ini belum dapat memberi dukungan terhadap perdagangan IHSG. Aksi jual investor asing memicu koreksi IHSG setelah beberapa hari perdagangan terakhir ditutup tepat pada garis diagonal resisten kuat. Penurunan IHSG dibawah level terendah sebelumnya pada 5,765 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG kembali bergerak turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 670 Trading Buy 595 635 700 730
CPIN 2,770 Trading Buy 2,500 2,600 2,850 2,950
GGRM 72,275 Sell on Strength 69,200 71,000 78,000 79,800
HRUM 2,320 Speculative Buy 2,000 2,180 2,500 2,680

*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 13 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,691.4 5,770.6 5,837.2
  • Dow Jones closed 36.3 point lower at 21,235.67 levels.
  • Regional bourses traded mixed this morning ahead of FOMC meeting on 13-14 June as we expect the Fed to lift Fed Fund Rate by 25 basis points on the meeting.
  • IDX rebound yesterday with candlestick formed piercing pattern which indicates another upside potential today.
  • We expect IDX to trade mixed with positive tendency today as investors tend to wait and see ahead of the scheduled 13-14 June FOMC meeting and BI’s Board of
    Governor meeting on 14-15 June.
GGRM

Sell on Strength

S2 S1 Level R1 R2
72,750 74,400 77,750 78,500 80,000

GGRM closed the session all time high with a thin volume and overbought RSI trend that could limit the upswing.

GJTL

Buy on Weakness

S2 S1 Level R1 R2
1,020 1,100 1,120 1,195 1,295

GJTL continued the weak turn but with the presences of several supports that could slow down the current downswing.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,490 1,520 1,535 1,585 1,620

KLBF ended the trading negatively with bearish engulfing pattern without volume and a presence of its support levels that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
8,975 9,400 9,650 9,825 10,150

SMGR edged higher but with a position near its rather strong horizontal resistance possibly trimming a further upside 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 13 June 2017

Dow Jones turun 36.3 poin ditutup pada level 21,235.67. EIDO naik 0.64% ditutup pada level 26.83 hari Senin. Bursa regional diperdagangkan mixed hari ini menjelang rapat FOMC 13-14 Juni. Kami memperkirakan the Fed menaikkan tingkat bunga acuan (Fed Fund Rate) sebesar 25 basis poin dalam rapat FOMC minggu ini. IHSG sedikit rebound kemarin dengan candlestick membentuk pola piercing yang mengindikasikan potensi berlanjutnya rebound hari ini. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini ditengah aksi wait and see investor menjelang rapat FOMC 13-14 Juni dan RDG pada 14-15 Juni.

Stock Closing Rec. S2 S1 R1 R2
GGRM 77,750 Sell on Strength 72,750 74,400 78,500 80,000
GJTL 1,120 Buy on Weakness 1,020 1,100 1,195 1,295
KLBF 1,535 Buy on Weakness 1,490 1,520 1,585 1,620
SMGR 9,650 Sell on Strength 8,975 9,400 9,825 10,150

*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 22 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,791.9 5,850.0 5,900.0
  • Dow Jones closed 141.8 point higher (+0.7%) at 20,804.8 levels last Friday.
  • Regional bourses traded positive this morning despite North Korea missile test launched yesterday.
  • IDX closed sharply higher last Friday backed by positive rating upgrade from Standard & Poor’s. IDX closed at strong diagonal resistance line. IDX may
    continue its strong positive momentum if able to break above that line.
  • We expect IDX to trade on positive territory today.
BMRI

Sell on Strength

S2 S1 Level R1 R2
11,700 12,000 12,900 13,275 13,500

BMRI closed the session higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

GGRM

Sell on Strength

S2 S1 Level R1 R2
70,000 72,000 76,500 77,100 78,500

GGRM ended the trading higher without volume and open gap up with an overbought RSI trend that could limit the upswing.

ICBP

Sell on Strength

S2 S1 Level R1 R2
8,425 8,675 9,100 9,350 9,575

ICBP ended the trading higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

SMRA

Trading Buy

S2 S1 Level R1 R2
1,155 1,200 1,325 1,375 1,420

SMRA closed the session positive above its diagonal resistance after on a weak trend in the last 4 days creating a technical rebound.

* 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.