Daily Research 21 Mei 2018

S2 S1 IDX R1 R2
5,647.4 5,734.2 5,783.3 5,919.2 5,994.6
  • Dow Jones up by only 1.1 point at 24,715 after US President comment on US- China trade talk.
  • Regional market traded sideways this morning.
  • IDX traded down last week near recent low at 5,774 earlier this month as foreign investor keep selling equities, triggered Rupiah depreciation even after BI raised benchmark rate, BI7DRR.
  • We expect IDX to trade lower today due to pressure on the currency on rising US treasury yield which pushed US Dollar Index to the upside.
BBRI

Buy on Weakness

S2 S1 Level R1 R2
2,750 2,875 2,940 3,040 3,140

BBRI continued the weak turn but with the presences of several supports that could slow down the current downswing.

HRUM

Sell on Strength

S2 S1 Level R1 R2
2,590 2,740 2,850 2,940 3,070

HRUM was in the positive side but with a closer near its horizontal resistance that could limit upswing.

KLBF

Hold

S2 S1 Level R1 R2
1,220 1,250 1,270 1,360 1,430

KLBF ended the trading negatively in diagonal support area and oversold RSI trend that could dampen a further downside movement.

PTBA

Trading Buy

S2 S1 Level R1 R2
3,300 3,430 3,690 3,800 3,900

PTBA closed the session higher after break above resistance line with higher volume indicating another upside potential.

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Kiwoom Trader 21 Mei 2018

Bursa Eropa dan Amerika bergerak mixed cenderung menurun seiring kekuatiran hubungan perdagangan Amerika-China. Dow Jones hanya naik 1.1 poin pada level 24,715. Bursa regional diperdagangkan mendatar pagi ini. IHSG turun mendekati level terendah sebelumnya pada level 5,774 pada awal Mei seiring berlanjutnya aksi jual investor asing seiring depresiasi Rupiah pasca kenaikan BI7DRR. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring tingginya tekanan terhadap Rupiah akibat kenaikan yield obligasi Pemerintah Amerika yang menopang kenaikan US Dollar Index.

Stock Closing Rec. S2 S1 R1 R2
BBRI 2,940 Buy on Weakness 2,750 2,875 3,040 3,140
HRUM 2,850 Sell on Strength 2,590 2,740 2,940 3,070
KLBF 1,270 Hold 1,220 1,250 1,360 1,430
PTBA 3,690 Trading Buy 3,300 3,430 3,800 3,900

Daily Research 05 March 2018

S2 S1 IDX R1 R2
6,482.1 6,545.0 6,582.3 6,689.3 6,750.0
  • Dow Jones closed 70.9 point lower at 24,538 after dropped 390 points on early trading session last Friday. EIDO gained 0.6% last Friday closed at 28.7.
  • Rupiah traded around Rp 13,750 per US$ this morning, may bring some negative sentiments for IDX today.
  • Regional market opened lower this morning as investors need time to digest US’s new trade policy announced last week.
  • IDX’s candlestick formed hammer pattern last Friday which indicate rebound potential today.
  • In all we expect IDX to trade mixed today.
ADHI

Buy on Weakness

S2 S1 Level R1 R2
2,250 2,310 2,390 2,480 2,550

AALI closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

HRUM

Sell on Strength

S2 S1 Level R1 R2
3,010 3,130 3,280 3,400 3,540

HRUM ended the trading weaker with a long black candle formation providing another downside sign.

AISA

Buy on Weakness

S2 S1 Level R1 R2
545 615 655 695 760

AISA was in the negative territory near its horizontal support with a low volume so that a further weak turn maybe in a limited range.

ERAA

Sell on Strength

S2 S1 Level R1 R2
960 1,025 1,105 1,150 1,200

ERAA closed the session higher with long white candle pattern but with a thin volume and overbought RSI trend that could limit the upswing.

Kiwoom Trader 05 March 2018


Bursa Eropa mengalami koreksi yang cukup dalam setelah Donald Trump mengumumkan kebijakan tarif Pemerintah Amerika yang baru. Kendati dibuka dengan penurunan yang cukup dalam, Dow Jones berhasil ditutup turun 70.9 poin pada level 24,538 setelah dibuka turun 390 poin hari Jumat lalu. EIDO naik 0.6% hari Jumat ditutup pada level 28.7. Rupiah diperdagangkan pada kisaran Rp 13,750 per US$ pagi ini, masih membayangi pergerakan IHSG hari ini. Bursa regional diperdagangkan cenderung menurun pagi ini. Candlestick IHSG membentuk pola hammer hari Jumat, mengindikasikan potensi rebound hari ini. Secara keseluruhan kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,390 Buy on Weakness 2,250 2,310 2,480 2,550
AISA 655 Buy on Weakness 545 615 695 760
ERAA 1,105 Sell on Strength 960 1,025 1,150 1,200
HRUM 3,280 Sell on Strength 3,010 3,130 3,400 3,540

Daily Research 13 February 2018

S2 S1 IDX R1 R2
6,277.2 6,375.0 6,523.5 6,589.7 6,666.8
  • Dow Jones closed 1.7% higher at 24,601.3 while EIDO climbed 1.1% at 28.88.
  • Regional market on a technical rebound this morning.
  • IDX may continue its technical rebound although positive momentum capped by net sell positions from foreign investors while IDR still traded around IDR 13,650 per US$ this morning.
  • We expect IDX to trade mixed with positive tendency today.
BMTR

Trading Buy

S2 S1 Level R1 R2
580 600 660 690 720

BMTR closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

HRUM

Sell on Strength

S2 S1 Level R1 R2
2,080 3,010 3,140 3,250 3,410

HRUM ended the trading positively near its recent high with a low volume that could trim a further upside movement.

LSIP

Speculative Buy

S2 S1 Level R1 R2
1,235 1,290 1,340 1,380 1,460

LSIP managed a rebound followed by a bullish engulfing pattern suggesting another favorable potential.

SRIL

Trading Buy

S2 S1 Level R1 R2
1,025 1,095 1,120 1,240 1,315

SRIL closed the session higher with long white candle pattern after on a weak trend in the last six days creating a technical rebound.

Daily Research 17 January 2018

S2 S1 IDX R1 R2
6,279.5 6,341.3 6,429.7 6,445.9 6,500.0
  • Dow Jones closed 10.3 point lower after intraday rally of more than 250 points as investors worried of Government shutdown as Congress needs to pass a spending bill this Friday.
  • Regional market traded negative this morning following volatile US sessions.
  • IDX closed positive yesterday, after traded sideways for several trading days, as it booked another record high levels.
  • We expect IDX to trade in negative territory today as investors tend to lock profits while negative sentiments from regional markets may also affect sentiments.
BWPT

Trading Buy

S2 S1 Level R1 R2
187 200 232 240 254

BWPT closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

HRUM

Sell on Strength

S2 S1 Level R1 R2
2,310 2,450 2,540 2,630 2,800

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

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,400 2,560 2,650 2,670 2,800

WSKT still managed a thin upside but a close near its recent high in which suggesting potential correction.

WTON

Trading Buy

S2 S1 Level R1 R2
505 540 580 595 625

WTON closed the session higher with long white candle pattern after break above resistance line with higher 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 17 January 2018


Sebagian besar pasar Eropa diperdagangkan positif. Dow Jones turun 10.3 poin setelah rally lebih dari 250 poin kemarin, ditutup pada level 25,792.9 seiring kekuatiran pasar atas kemungkinan terjadinya “shutdown” karena belum disepakatinya anggaran belanja Pemerintah Amerika. Bursa kawasan regional dibuka cenderung menurun pagi ini. IHSG diperdagangkan positif kemarin, setelah mendatar dalam beberapa hari perdagangan sebelumnya, ditutup pada level tertinggi baru. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dibayangi aksi profit taking investor serta sentimen negatif dari bursa regional.

Stock Closing Rec. S2 S1 R1 R2
BWPT 232 Trading Buy 187 200 240 254
HRUM 2,540 Trading Buy 2,310 2,450 2,630 2,800
WSKT 2,650 Sell on Strength 2,400 2,560 2,670 2,800
WTON 580 Trading Buy 505 540 580 625

*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,