Daily Research 7 Mei 2018

S2	S1	IDX	R1	R2
5,647.4	5,749.3	5,792.3	5,915.7	6,034.4

• Dow Jones closed 1.4% higher at 24,262 as Apple stock send positive sentiments for tech sector.
• Regional market traded flat this morning due to lack of positive catalyst.
• IDX closed on oversold territory which open possibility for a technical rebound.
• We expect IDX to trade sideways today as technical rebound optimism clouded by weak currency.

AKRA	Sell on Strength
S2	S1	Level	R1	R2
4,200	4,400	4,510	4,860	5,200

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

BMRI	Speculative Buy
S2	S1	Level	R1	R2
6,225	6,520	6,625	6,925	7,150

BMRI closed below its recent low 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
63,125	64,775	67,200	69,325	71,100

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

GJTL	Sell on Strength
S2	S1	Level	R1	R2
750	810	855	890	950

GJTL closed the session higher near its resistance with a thin volume that could limit the upswing.

Kiwoom Trader 04 April 2018

Bursa Eropa diperdagangkan menurun pada hari pertama perdagangan setelah libur Paskah. Dow Jones naik 1.6% pada level 24,033 dipicu rebound saham sektor teknologi. Bursa regional diperdagangkan mixed pagi ini seiring pernyataan duta besar China untuk Amerika atas pernyataan Pemerintah China akan melakukan tindakan terkait kebijakan tarif Pemerintah Amerika dalam waktu dekat. Candlestick IHSG membentuk pola bearish harami sehingga berpotensi terjadi koreksi lanjutan. Kami memperkirakan IHSG bergerak mixed hari ini karena potensi teknikal rebound dibayangi kekuatiran investor global atas perang dagang Amerika-China.

Stock	Closing	Rec.	S2	S1	R1	R2
GJTL	890	Hold	750	800	905	955
INCO	3,000	Sell on strength	2,750	2,850	3,090	3,190
INTP	16,200	Speculative Buy	15,000	15,700	16,775	17,675
ITMG	26,975	Sell on strength	24,850	26,000	28,500	30,075

 

Daily Research 04 April 2018

S2	S1	IDX	R1	R2
6,054.6	6,137.3	6,229.0	6,292.3	6,386.2

• Dow Jones closed 1.6% higher at 24,033 as tech stocks rebound.
• Regional market traded mixed this morning after Chinese ambassador to US said that his Government will take measures to fight back US trade policy in near term.
• IDX’s candlestick formed bearish harami pattern which could trigger another correction.
• We expect IDX to trade mixed today as investor concerns over US-China trade war.

GJTL	Hold
S2	S1	Level	R1	R2
750	800	890	905	955

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

INCO	Sell on Strength
S2	S1	Level	R1	R2
2,750	2,850	3,000	3,090	3,190

INCO moved higher with a long white candle pattern with the presence of several resistances that could limit the upswing.

INTP	Speculative Buy
S2	S1	Level	R1	R2
15,000	15,700	16,200	16,775	17,675

INTP closed the session higher with hammer pattern and oversold RSI trend with higher volume indicating another upside potential.

ITMG	Sell on strength
S2	S1	Level	R1	R2
24,850	26,000	26,975	28,500	30,075

ITMG took a negative turn with a high volume, along black candle suggesting a further down.

Daily Research 22 January 2018

S2	S1	IDX	R1	R2
6,279.5	6,371.2	6,490.9	6,520.0	6,575.0

• Dow Jones closed 56.9 point higher at 26,071.7 levels. However until Friday (due date) midnight US Senate don’t reach agreements and triggered “Government shutdown” .
• This may affect regional market which already traded flat this morning.
• Tendency of US Dollar depreciation (as impact of US Government shutdown) and relatively high global energy prices expected to support IDX which traded in overbought territory.
• We expect IDX to trade sideways with negative tendency today as some investors tend to realize profits.

CPIN	Sell on Strength
S2	S1	Level	R1	R2
3,290	3,400	3,540	3,600	3,680

CPIN closed the session higher near its resistance with a thin volume that could limit the upswing.

GJTL	Trading Buy
S2	S1	Level	R1	R2
680	765	825	910	1,010

GJTL closed the session higher above its short term horizontal resistance with high enough volume indicating another upside potential.

HMSP	Sell on Strength
S2	S1	Level	R1	R2
4,600	4,830	5,100	5,150	5,250

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

PTPP	Buy on Weakness
S2	S1	Level	R1	R2
2,690	2,880	2,960	3,100	3,250

PTPP continued the weak turn but with the presence of several supports 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 22 January 2018

Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu. Dow Jones naik 56.9 poin ditutup pada level 26,071.7. Namun demikian hingga batas waktu pembahasan anggaran hari Jumat tengah malam, Senat belum mencapai kesepakatan sehingga memicu Government shutdown. Hal ini dapat mempengaruhi pergerakan bursa hari ini. Bursa regional dibuka mendatar pagi ini. Kecenderungan depresiasi US Dollar (sebagai dampak shutdown) serta relatif tingginya harga komoditas energi diharapkan dapat menopang IHSG yang telah memasuki teritori overbought. Kami memperkirakan IHSG bergerak mendatar hari ini dibayangi aksi profit taking investor.

Stock	Closing	Rec.	S2	S1	R1	R2
CPIN	3,540	Sell on Strength	3,290	3,400	3,600	3,680
GJTL	825	Trading Buy	680	765	910	1,010
HMSP	5,100	Sell on Strength	4,600	4,830	5,150	5,250
PTPP	2,960	Buy on Weakness	2,690	2,880	3,100	3,250

*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 27 November 2017

S2	S1	IDX	R1	R2
5,955.2	5,995.9	6,067.1	6,098.8	6,130

• US stocks closed higher on the weekend. Investors believe consumer spending is rising in the Thanksgiving holiday season followed by Black Friday.
• Nikkei 225, Kospi, and All Ordinaries indexes opened higher this morning.
• JCI movement is still halted at MA20 support so that today it is expected to move in mix direction with tendency to strengthen. Support 6,005 and resistance 6,125.

GJTL	Trading Buy
S2	S1	Level	R1	R2
630	670	750	800	850

GJTL closed the session higher with long white candle pattern and higher volume indicating another upside potential.

INTP	Speculative Buy
S2	S1	Level	R1	R2
18,025	18,850	19,300	20,000	20,825

INTP ended the trading negatively near diagonal support with a thin volume suggesting a limited downside potential.

JSMR	Sell on Strength
S2	S1	Level	R1	R2
5,750	6,100	6,425	6,750	7,000

JSMR Closed lower with higher volume. JSMR’s price pattern also showed a break to its short term diagonal support may trigger technical correction.

TLKM	Speculative Buy
S2	S1	Level	R1	R2
4,100	4,210	4,320	4,420	4,530

TLKM closed higher that session higher its horizontal resistance followed 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 27 November 2017

Indeks saham AS ditutup lebih tinggi pada akhir pekan. Investor meyakini belanja konsumen meningkat di musim liburan Thanksgiving yang diikuti oleh Black Friday. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka naik pagi ini. IHSG masih tertahan pada support MA20 sehingga hari ini diperkirakan masih akan bergerak mix cenderung menguat. Support 6005, resistance 6125.

Stock	Closing	Rec.	S2	S1	R1	R2
GJTL	750	Trading Buy	630	670	800	850
INTP	19,300	Speculative Buy	18,025	18,850	20,000	20,825
JSMR	6,425	Sell on Strength	5,750	6,100	6,750	7,000
TLKM	4,320	Speculative Buy	4,100	4,210	4,420	4,530

*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 September 2017

 

S2	S1	IDX	R1	R2
5,808.6	5,840.9	5,864.1	5,914.0	5,950

• European and American market traded sideways last  Friday. Dow Jones closed 0.2% higher, closed at 21,987.56 levels backed by Goldman Sachs.
• Regional market traded negative due to rising geopolitical tensions after North Korea tested their hydrogen bomb during the weekend. Crude oil and metal
  price traded higher at the end of last week.
• IDX’s candlestick formed hammer pattern last Thursday after traded lower within the past four trading days which may indicate a technical rebound today.
• We expect IDX to trade mixed today as the market need to reassess rising geopolitical tensions.

BBTN	Sell on Strength
S2	S1	Level	R1	R2
2,700	2,840	3,010	3,100	3,200

BBTN ended the trading positively in diagonal  resistance area with a thin volume and overbought RSI trend that could limit the upswing.

GJTL	Sell on Strength
S2	S1	Level	R1	R2
670	750	805	1,060	1,130

GJTL closed the session lower after break below its horizontal support with higher volume indicating a further downturn.

INDF	Buy on Weakness
S2	S1	Level	R1	R2
7,950	8,200	8,375	8,675	8,925

INDF ended the session down with a long black candle but with the presence of its horizontal su

TINS	Sell on Strength
S2	S1	Level	R1	R2
825	900	955	1,020	1,120

TINS took a weak turn a high enough volume after  unable to break its resistance yesterday so that could lead to a further downturn.

* 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 04 September 2017

 

Bursa Eropa dan Amerika diperdagangkan mendatar akhir pekan lalu. Dow Jones naik 0.2% hari Jumat ditutup pada level 21,987.56 didukung saham Goldman Sachs. Bursa regional pagi ini diperdagangkan turun karena kekuatiran dunia atas langkah uji coba bom hidrogen yang dilakukan Korea Utara. Harga minyak dan logam naik cukup banyak pada akhir pekan lalu. Candlestick IHSG membentuk pola hammer setelah mengalami penurunan dalam 4 hari berturut-turut dan berpotensi mengalami teknikal rebound hari ini. Kami memperkirakan IHSG diperdagangkan mixed hari ini untuk mencermati reaksi bursa dunia terhadap aksi Korea Utara.

Stock	Closing	Rec.	S2	S1	R1	R2
BBTN	3,010	Sell on Strength	2,700	2,840	3,100	3,200
GJTL	805	Sell on Strength	670	750	1,060	1,130
INDF	8,375	Buy on Weakness	7,950	8,200	8,675	8,925
TINS	955	Sell on Strength	825	900	1,020	1,120

*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 August 2017

S2	S1	IDX	R1	R2
5,723.6	5,771.5	5,824.2	5,865.4	5,910.2

• Dow Jones closed 52.3 point higher at record high 22,016.2 backed by strong Apple financial results.
• Regional bourses traded sideways this morning.
• IDX’s candlestick made hammer pattern yesterday. Combined with previous candlestick it formed bullish harami pattern, a sign for positive trade today. However continuation of foreign investor’s net sell on the IDX may cap upside momentum.
• In all we expect IDX to trade sideways with positive tendency today as investors tend to “wait and see” 2Q 2017 GDP data to be released next Monday.

BKSL	Sell on Strength
S2	S1	Level	R1	R2
92	101	107	108	115

BKSL carried on the favorable trend but with a position near its horizontal resistance and an overbought RSI trend that could dampen the upside opportunity.

BMRI	Sell on Strength
S2	S1	Level	R1	R2
12,600	13,050	13,275	13,650	14,000

BMRI moved lower with a formation of a long black candle in which suggesting a further weak potential.

GJTL	Trading Buy
S2	S1	Level	R1	R2
835	910	995	1,060	1,130

GJTL closed the session higher with high enough volume and above horizontal support line indicating another upside potential.

MNCN	Buy on Weakness
S2	S1	Level	R1	R2
1,505	1,575	1,625	1,735	1,800

MNCN ended the trading negatively with a thin volume and oversold RSI trend suggesting a limited downside 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.