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.

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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,