Daily Research 16 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,924.1 5,967.1 6,000
  • Dow Jones closed 0.13% higher at 22,871.7 levels backed by positive sentiments as US earnings season kicks in.
  • EIDO closed 1.12% higher last Friday expected to support IDX on early trade today. Regional market traded positive this morning.
  • IDX’s candlestick formed shooting star last Friday which may lead to profit taking actions today.
  • In all we expect IDX to trade mixed today as foreign investors still record net sell on Indonesian equities.
BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,050 3,200 3,300

BBTN closed the session lower with dark cloud cover pattern followed by higher volume indicating a further downturn.

BSDE

Sell on Strength

S2 S1 Level R1 R2
1,700 1,730 1,750 1,775 1,800

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

GGRM

Sell on Strength

S2 S1 Level R1 R2
60,150 62,500 64,200 66,525 69,250

GGRM moved negatively with a long black candle followed by a high volume and also break on its horizontal support suggesting a further downside potential.

WSKT

Speculative Buy

S2 S1 Level R1 R2
1,700 1,800 1,865 1,920 2,000

WSKT edged higher with the break on its horizontal resistance and high volume after downturn suggesting a further up 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.

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Kiwoom Trader 16 October 2017


Pasar Eropa diperdagangkan mixed akhir pekan lalu namun Dow Jones berhasil naik 0.13% ditutup pada level 22,871.7 didukung sentimen positif kinerja keuangan perusahaan Amerika. EIDO naik 1.12% hari Jumat diharapkan dapat menopang IHSG pagi ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk shooting star hari Jumat mengindikasikan potensi terjadinya koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed hari ini ditengah masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,050 Sell on Strength 2,840 2,960 3,200 3,300
BSDE 1,750 Sell on Strength 1,700 1,730 1,775 1,800
GGRM 64,200 Sell on Strength 60,150 62,500 66,525 69,250
WSKT 1,865 Speculative Buy 1,700 1,800 1,920 2,000

*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 03 October 2017

 

S2 S1 IDX R1 R2
5,841.1 5,872.6   5,914.0 5,940 5,960
  • Dow Jones closed 0.68% higher at fresh new high at 22,557.6 levels.
  • North Asian market such as China, Hong Kong, and South Korea closed to celebrate mid-autumn festival.
  • IDX closed higher slightly below all-time high level but it made an upside gap and its candlestick formed inverted doji pattern which may signal a price
    correction today.
  • We expect IDX to trade negative today due to lack of new positive catalyst.
PTPP

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing  formation indicating another downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing formation indicating another downside potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
62,000 63,575 64,775 67,000 69,200

GGRM closed below its recent low. ASII’s price pattern also showed a break to its horizontal support may trigger price correction.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,190 1,290 1,410 1,500 1,575

MNCN closed the session higher with bullish engulfing pattern and followed by high enough 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 03 October 2017


Dow Jones naik 0.68% ditutup pada level tertinggi baru 22,557.6. Bursa kawasan Asia seperti China, HongKong, Korea Selatan libur merayakan mid-autumn festival. IHSG naik dengan upside gap kemarin namun candlestick membentuk pola inverted doji sehingga membuka peluang terjadinya koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini ditengah sepinya sentimen pasar.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,030 Sell on Strength 2,670 2,900 3,180 3,340
GGRM 64,775 Sell on Strength 62,000 63,575 67,000 69,200
MNCN 1,410 Trading Buy 1,190 1,290 1,500 1,575
PTPP 2,430 Trading Buy 2,200 2,310 2,620 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 15 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,852.0 5,914.0 5,950
  • Dow Jones closed 0.2% higher at fresh new high 22,203.5 levels. Higher US inflation drive speculation that The Fed can be more aggressive in raising US
    interest rates ahead of 19-20 September FOMC meeting. We expect The Fed to leave interest rate unchanged next week.
  • Global market jittered by North Korean missile launch this morning that pass over Japan airspace.
  • IDX’s candlestick formed inverted hammer pattern which may lead to another weak session today.
  • In all we expect IDX to trade lower today.
CTRA

Trading Buy

S2 S1 Level R1 R2
1,080 1,140 1,190 1,235 1,325

CTRA moved quite positively supported by an increasing volume in which could challenge its next resistance.

GGRM

Trading Buy

S2 S1 Level R1 R2
62,850 66,250 69,250 71,650 74,950

GGRM ended the session higher with a long white candle formation and a high enough volume indicating a further favorable opportunity.

ROTI

Sell on Strength

S2 S1 Level R1 R2
1,220 1,280 1,340 1,370 1,450

ROTI closed the session higher with a thin volume and overbought RSI trend that could limit the upside turn.

SSIA

Speculative Buy

S2 S1 Level R1 R2
550 585 600 645 700

SSIA ended the trading negatively in horizontal support area with a thin volume 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 15 September 2017



Bursa Eropa diperdagangkan cenderung menurun. Dow Jones naik 0.2% ditutup pada level tertinggi baru 22,203.5. Mulai naiknya inflasi Amerika mendorong spekulasi kenaikan tingkat bunga The Fed menjelang rapat FOMC 19-20 September. Ekonom global memperkirakan The Fed tidak melakukan penyesuaian suku bunga dalam rapat FOMC minggu depan namun mengantisipasi kenaikan suku bunga sebesar 25 basis poin dalam rapat FOMC bulan Desember. Bursa dunia pagi ini diliputi kekuatiran kenaikan tensi geopolitik setelah peluncuran rudal Korea Utara pagi ini yang melintasi wilayah udara Jepang. Candlestick IHSG membentuk pola inverted hammer mengindikasikan potensi pelemahan hari ini. Kami memperkirakan IHSG bergerak cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
CTRA 1,190 Trading Buy 1,080 1,140 1,235 1,325
GGRM 69,250 Trading Buy 62,850 66,250 71,650 74,950
ROTI 1,340 Sell on Strength 1,220 1,280 1,370 1,450
SSIA 600 Speculative Buy 550 585 645 700

*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 31 August 2017

 

S2 S1 IDX R1 R2
5,808.6 5,840.9   5,872.5 5,914.0 5,950
  • Dow Jones closed 0.12% higher at 21,892.43 levels backed by Apple shares ahead of new Iphone launch on September. EIDO closed 0.81% lower at 26.93
    levels.
  • Regional market traded sideways and slightly positive this morning.
  • IDX traded lower yesterday near its recent low at 5,861 levels. IDX may try to close an upside gap formed since 5,835 level.
  • Thus we tend to see IDX trade on negative territory today ahead of long weekend holiday.
ANTM

Hold

S2 S1 Level R1 R2
685 715 755 770 800

ANTM has a chance to continue rally after ended trading with high volume. The rally will valid if ANTM break above recent high level (R1).

BJTM

Trading Buy

S2 S1 Level R1 R2
640 680 720 750 800

BJTM was in the positive side followed by a full white  candle and higher volume indicating a still favorable potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
61,800 65,900 68,850 71,650 74,950

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

MEDC

Sell on Strength

S2 S1 Level R1 R2
2,700 2,940 3,270 3,400 3,590

MEDC ended trading positively 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.