Daily Research 10 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,373.1 6,445.9 6,500.0
  • European and American market traded higher with Dow Jones up 102.8 points at fresh new high 25,385.8. Regional market traded flat today as investors tend to realize profits.
  • Crude oil settled higher at US$ 63.4 per barrel even though US Dollar Index increased slightly.
  • IDX’s candlestick formed “dark cloud cover” yesterday which may indicate potential correction today.
  • In all we expect IDX to trade lower today to test its support levels.
GGRM

Sell on Strength

S2 S1 Level R1 R2
76,000 78,400 81,600 84,775 87,000

GGRM was on the weak side followed by a long black candle indicating a still weak potential.

ISAT

Sell on Strength

S2 S1 Level R1 R2
4,750 5,000 5,475 5,610 6,000

ISAT closed the session higher near its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,575 2,670 2,730 2,780 2,900

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

SMGR

Sell on Strength

S2 S1 Level R1 R2
10,500 10,750 11,200 11,280 11,500

SMGR ended the trading positively after break above resistance with a thin volume and overbought RSI trend that could limit the upside 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.

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Kiwoom Trader 10 January 2018


Pasar Eropa dan Amerika ditutup naik dengan Dow Jones naik 102.8 poin ditutup pada level tertinggi baru 25,385.8. Bursa regional diperdagangkan cenderung mendatar pagi ini dibayangi aksi profit taking. Harga minyak mentah dunia naik ke level US$ 63.4 per barrel walaupun US Dollar Index sedikit naik. Candlestick IHSG membentuk pola “dark cloud cover” kemarin, mengindikasikan potensi pelemahan hari ini seiring aksi profit taking para investor. Kami memperkirakan IHSG bergerak cenderung menurun hari ini untuk menguji level-level supportnya. Aksi beli selektif investor asing diharapkan dapat menopang IHSG.

Stock Closing Rec. S2 S1 R1 R2
GGRM 81,600 Sell on Strength 76,000 78,400 84,775 87,000
ISAT 5,475 Sell on Strength 4,750 5,000 5,610 6,000
PTBA 2,730 Sell on Strength 2,575 2,670 2,780 2,900
SMGR 11,200 Sell on Strength 10,500 10,750 11,280 11,500

*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,

Daily Research 04 December 2017

S2 S1 IDX R1 R2
5,886.4 5,927.9 5,952.1 6,031.5 6,081.4
  • US and European stock indices ended lower on the weekend.
  • Former President Trump’s security adviser Michael Flynn will testify that he was once directed to establish relations with Russia.
  • Nikkei 225 index opened lower this morning, Kospi and All Ordinaries higher.
  • Although there is a chance of IDX rebound after a sharp decline, but be wary of negative global sentiment. Support 5,895 and resistance 6,015.
AALI

Sell on Strength

S2 S1 Level R1 R2
13,500 13,700 13,850 14,150 14,500

AALI closed below its recent low. AALI’s price pattern also showed a break to its short term diagonal support line which ends its short term uptrend channel. ASII may trade lower to test its support levels.

ASII

Sell on Strength

S2 S1 Level R1 R2
7,625 7,825 7,975 8,300 8,800

ASII was on the weak side followed by a long black candle indicating a still weak potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
74,000 75,700 76,525 79,800 81,300

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

KLBF

Sell on Strength

S2 S1 Level R1 R2
860 925 1,025 1,045 1,095

KLBF moved lower during the last several days but with presences of its horizontal support that could limit the weak 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.

Daily Research 22 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,031.9 6,098.8 6,130
  • US stock indexes closed at new highs yesterday supported by the technology sector.
  • The Thanksgiving holiday on Thursday followed by Black Friday and Cyber Monday is expected to increase consumer spending through online shopping.
  • Nikkei 225, Kospi, and All Ordinaries opened higher this morning.
  • The weakening of JCI yesterday still restrained at MA20 support, expecting a mix movement today with opportunity to rebound. Support 5,970 and resistance 6,090.
BBRI

Sell on Strength

S2 S1 Level R1 R2
3,100 3,210 3,280 3,380 3,500

BBRI moved in the negative side after failing to break its previous high so that could lead to a further down.

GGRM

Sell on Strength

S2 S1 Level R1 R2
73,400 75,950 78,850 81,950 83,300

GGRM moved negatively with a bearish harami formation that could lead to a further down.

SRIL

Buy on Weakness

S2 S1 Level R1 R2
358 370 376 386 404

SRIL closed the session lower near its diagonal support area with a thin volume and a presence of its several support levels that could dampen a further downside movement.

UNTR

Sell on Strength

S2 S1 Level R1 R2
28,900 30,425 31,575 33,525 35,000

UNTR closed below its recent low. UNTR’s price pattern also showed a break to its short term horizontal support line and may trigger price correction.

* 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 22 November 2017


Indeks saham AS kembali naik ke level tertinggi barunya kemarin yang didukung oleh sektor teknologi. Liburan Thanksgiving pada hari Kamis yang diikuti oleh Black Friday dan Cyber Monday diharapkan dapat meningkatkan minat konsumen untuk berbelanja online. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka naik pagi ini. Pelemahan IHSG kemarin masih tertahan support MA20, hari ini masih akan mix dengan peluang untuk rebound. Support 5970, resistance 6090.

Stock Closing Rec. S2 S1 R1 R2
BBRI 3,280 Sell on Strength 3,100 3,210 3,380 3,500
GGRM 78,850 Sell on Strength 73,400 75,950 81,950 83,300
SRIL 376 Buy on Weakness 358 370 386 404
UNTR 31,575 Sell on Strength 28,900 30,425 33,525 35,000

*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 14 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,021.5 6,082.2 6,110
  • The Dow Jones, S&P 500 and Nasdaq indexes closed up yesterday. However investors are still wary of the potential delay in US corporate tax reform implementation after the Senate put forward a proposal to delay it for a year.
  • Nikkei 225 index opened higher this morning, while Kospi and All Ordinaries opened lower.
  • Selling pressure is still quite large on IDX Composite however the decline is still limited to its support level at 5,960, resistance 6,080 if it could manage to
    rebound.
BSDE

Buy on Weakness

S2 S1 Level R1 R2
1,600 1,630 1,655 1,710 1,740

BSDE ended the trading negatively with a thin volume and a presence of its several support levels that could dampen a further downside movement.

GGRM

Sell on Strength

S2 S1 Level R1 R2
74,000 75,700 78,950 79,800 81,300

GGRM closed the session higher near its horizontal resistance and overbought RSI trend that could limit the upswing.

INDY

Sell on Strength

S2 S1 Level R1 R2
2,490 2,670 2,790 2,890 3,000

INDY ended the trading flat with shooting star after increase a few days and overbought RSI trend suggesting a correction potential.

INTP

Buy on Weakness

S2 S1 Level R1 R2
18,350 19,400 20,325 21,175 22,175

INTP continued the weak turn but with the presences of several horizontal support that could slow down the current 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 14 November 2017


Indeks Dow Jones, S&P 500, dan Nasdaq ditutup naik kemarin. Namun investor masih mewaspadai potensi terhambatnya implementasi reformasi pajak korporasi AS setelah Senat mengajukan usulan untuk menundanya hingga setahun ke depan. Indeks Nikkei 225 dibuka naik pagi ini, sementara Kospi dan All Ordinaries turun. Tekanan jual masih cukup besar pada IHSG namun penurunan masih terbatas pada support 5960, resistance 6080 apabila dapat berbalik rebound.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,655 Buy on Weakness 1,600 1,630 1,710 1,740
GGRM 78,950 Sell on Strength 74,000 75,700 79,800 81,300
INDY 2,790 Sell on Strength 2,490 2,670 2,890 3,000
INTP 20,325 Buy on Weakness 18,350 19,400 21,175 22,175

*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,