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 03 May 2017

S2 S1 IDX R1 R2
5,606.7 5,653.4   5,675.8 5,726.5 5,750
  • Dow Jones closed 36 point lower at 20,949.9 supported by 1Q 2017 financial results.
  • Japanese market started a long holiday until weekend.
  • IDX traded lower yesterday although foreign investors booked IDR 838.4 Billion net buy position.
  • We expect IDX to trade mixed with negative tendency today.
GJTL

Buy on weakness

S2 S1 Level R1 R2
955 1,000 1,015 1,060 1,115

GJTL moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

GGRM

Sell on strength

S2 S1 Level R1 R2
62,850 64,900 67,150 68,000 70,300

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

LPCK

Buy on weakness

S2 S1 Level R1 R2
4,070 4,250 4,390 4,600 5,000

LPCK moved lower with a closer near its recent low. A further downside turn would remain possible if its recent low is broken down.

UNVR

Sell on strength

S2 S1 Level R1 R2
43,650 44,500 45,300 45,800 47,000

UNVR was in the positive s i d e but with a closer near its diagonal resistance that could limit upswing.

* 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 May 2017

Dow Jones naik 36 poin ditutup pada level 20,949.9 didukung laporan kinerja perusahaan 1Q 2017. Bursa Jepang mulai memasuki libur panjang hingga akhir pekan. Penurunan harga minyak dunia yang dipicu kenaikan pasokan minyak dari Amerika, Kanada, dan Libya berpotensi memberi sentimen negatif pada perdagangan IHSG hari ini. IHSG kembali membukukan penurunan namun posisi beli investor asing masih cukup tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
GJTL 1,015 Buy on weakness 955 1,000 1,060 1,115
GGRM 67,150 Sell on Strength 62,850 64,900 68,000 70,300
LPCK 4,390 Buy on weakness 4,070 4,250 4,600 5,000
UNVR 45,300 Sell on Strength 43,650 44,500 45,800 47,000

*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 24 February 2017

kiwoom-research-jumat

S2 S1 IDX R1 R2
5,329 5,359   5,372.7 5,409 5,425
  • Still weak regional markets would provide the negative sentiment.
  • IHSG The IDX still moved higher with a long white candle pattern yesterday indicating a favorable opportunity.
  • So, we predict that the IDX would be in the positive side today.
CPIN

Sell on strength

S2 S1 Level R1 R2
2,850 3,030 3,080 3,170 3,300

CPIN moved down during the last several days with an increasing volume but with the presences of several supports that could slow down the downturn.

GJTL

Sell on strength

S2 S1 Level R1 R2
955 1,030 1,155 1,190 1,300

GJTL moved in the positive side with a long white candle and a high enough volume and a presence of its horizontal resistance that could limit this upside turn.

JMSR

Sell on strength

S2 S1 Level R1 R2
4,560 4,700 4,960 5,000 5,150

JSMR ended the trading pos i ti vely with the break on its diagonal resistance and a rather high volume. But so, a near overbought RSI would possibly slow down this upswing.

TINS

Buy on weakness

S2 S1 Level R1 R2
900 970 990 1,065 1,130

TINS was closed lower near its diagonal support with a low volume that could possibly limit the 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 24 February 2017

kiwoom-trader-jumat

Dow Jones Industrial Average menguat 34.72 poin, atau 0.17%, pada 20,810.32. Namun, Nasdaq Composite turun 25.12 poin, atau 0.43%, pada 5,835.51. Wall Street bergerak mixed pada hari Kamis di tengah penguatan sektor energi dan komitmen Trump untuk menarik kembali lapangan pekerjaan ke Amerika.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,080 Sell on strength 955 1,030 1,190 1,300
GJTL 1,155 Sell on strength 2,850 3,030 3,170 3,300
JSMR 4,960 Sell on strength 4,560 4,700 5,000 5,150
TINS 990 Buy on weakness 900 970 1,065 1,130

Best Regards,

*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 28 December 2016

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,042 5,078   5,102.9 5,125 5,150
  • Mixed regional markets would affect the sentiment.
  • The IDX managed a rebound with a long white candle but in the middle of resuming foreign selling interest yesterday that could potentially slow down the upside opportunity.
  • Therefore, we predict that the IDX would be in the upside tendency today.

Daily Research:

BBTN

Trading buy

S2 S1 Level R1 R2
1,530 1,600 1,645 1,715 1,805

BBTN took a slight upside turn after on downswing lately in w

GJTL

Trading buy

S2 S1 Level R1 R2
955 1,015 1,060 1,130 1,225

GJTL was on a rebound with a bullish engulfing pattern and also a break on its resistance of a downtrend channel suggesting a further positive movement.

JPFA

Speculative buy

S2 S1 Level R1 R2
1,255 1,365 1,405 1,520 1,630

JPFA ended the trading ne g a tively near its diagonal support with a low volume and an oversold RSI indicator in which could push for a further favorable trend.

PTPP

Trading buy

S2 S1 Level R1 R2
3,350 3,450 3,580 3,640 3,740

PTPP closed the trading higher above its diagonal support with a strong volume yesterday creating a rebound momentum.

* 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.