Daily Research 24 October 2017

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,950.0 5,967.1 6,000
  • Dow Jones closed 0.23% lower at 23,274 levels dragged by General Electric shares.
  • Regional market traded sideways this morning due to lack of positive catalyst.
  • IDX closed near all-time high 5,951 levels backed by selective purchase of stocks by foreign investors. However IDX’s candlestick formed inverted hammer pattern with upside gap which may lead to a technical correction today.
  • In all we expect IDX to trade mixed with negative tendency today.
HRUM

Buy on Weakness

S2 S1 Level R1 R2
2,100 2,230 2,330 2,480 2,610

HRUM was in the negative side but with a close near its horizontal support that could limit the downturn movement.

JSMR

Buy on Weakness

S2 S1 Level R1 R2
5,675 5,825 5,950 6,200 6,350

JSMR closed the session lower near its diagonal support with a thin volume suggesting a limited downside potential.

UNVR

Speculative Buy

S2 S1 Level R1 R2
47,650 48,325 49,150 50,500 51,425

UNVR ended the trading negatively in diagonal support area with a thin volume that could dampen a further downside movement.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,980 2,100 2,160 2,250 2,370

WSKT ended the trading flat after fail to break above horizontal resistance with a doji pattern that could potentially push for a correction.

* 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 24 October 2017


Pasar Eropa diperdagangkan mixed kemarin. Dow Jones turun 0.23% ditutup pada level 23,274 kemarin dipicu koreksi saham General Electric. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG ditutup dekat dengan level tertinggi 5,951 dengan dukungan aksi beli investor asing. Namun demikian candlestick IHSG membentuk pola inverted hammer dengan upside gap sehingga berpotensi memicu koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
HRUM 2,330 Buy on Weakness 2,100 2,230 2,480 2,610
JSMR 5,950 Buy on Weakness 5,675 5,825 6,200 6,350
UNVR 49,150 Speculative Buy 47,650 48,325 50,500 51,425
WSKT 2,160 Sell on Strength 1,980 2,100 2,250 2,370

*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 05 October 2017

 

S2 S1 IDX R1 R2
5,885.2 5,915.4   5,951.5 5,970 5,990
  • Dow Jones booked another record high level by adding almost 20 points to close the day at 22,661.6 levels.
  • Regional market traded slightly positive this morning.
  • IDX managed to closed higher and booked another record high level yesterday, however it created another upside gap and its candlestick formed shooting star so technically IDX is vulnerable to profit taking actions.
  • In all we expect IDX to trade lower today as investor tend to lock profits on blue chip stocks.
ASRI

Trading Buy

S2 S1 Level R1 R2
358 372 396 402 416

ASRI ended the trading positively with long white candle and follow by high enough volume sehingga diperkirakan akan melanjutkan penguatan.

HRUM

Trading Buy

S2 S1 Level R1 R2
1,970 2,110 2,250 2,320 2,480

HRUM moved up rather considerably with a long white candle and a increase volume that could lead to another favorable opportunity.

LSIP

Sell on Strength

S2 S1 Level R1 R2
1,360 1,405 1,450 1,485 1,540

LSIP moved up with a high volume but near its horizontal resistance that could dampen this current upside movement.

RALS

Sell on Strength

S2 S1 Level R1 R2
825 860 925 960 1,010

RALS closed the session higher in short term diagonal resistance and with a thin volume that could limit the 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 05 October 2017


Bursa Eropa diperdagangkan mendatar dengan kecenderungan negatif. Dow Jones membukukan level tertinggi baru, naik hampir 20 poin ditutup pada level 22,661.6. Bursa regional diperdagangkan sedikit naik ditengah suasana libur mid autumn festival. Bursa China, Hong Kong, dan Korea Selatan libur hari ini. IHSG naik membukukan level tertinggi baru namun formasi candlestick membentuk pola shooting star dengan gap naik, membuat IHSG rentan mengalami koreksi hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dipicu potensi profit taking investor atas saham penggerak pasar.

Stock Closing Rec. S2 S1 R1 R2
ASRI 396 Trading Buy 358 372 402 416
HRUM 2,250 Trading Buy 1,970 2,110 2,320 2,480
LSIP 1,450 Sell on Strength 1,360 1,405 1,485 1,540
RALS 925 Sell on Strength 825 860 960 1,010

*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 02 August 2017

S2 S1 IDX R1 R2
5,723.6 5,771.5   5,805.2 5,865.4 5,910.2
  • Dow Jones closed 72.8 point higher at fresh new high at 21,963.9 levels led by strong corporate earnings.
  • Crude oil price traded below US$ 49 per barrel this morning after reports reveal increase in OPEC production last month.
  • Regional markets traded mixed this morning, could not send positive sentiments for IDX.
  • Foreign net sell triggered IDX correction yesterday after traded near strong diagonal resistance line within the past trading days. A break below 5,765 recent low may trigger market correction.
  • We expect IDX to trade on negative territory today.
BJTM

Sell on Strength

S2 S1 Level R1 R2
595 635 670 700 730

BJTM was in the positive side with a long white candle  with a high enough volume suggesting another upside opportunity.

CPIN

Trading Buy

S2 S1 Level R1 R2
2,500 2,600 2,770 2,850 2,950

CPIN closed the session higher with high enough volume and break diagonal resistance after on a weak trend in the last 5 days creating a technical rebound.

GGRM

Sell on Strength

S2 S1 Level R1 R2
69,200 71,000 72,275 78,000 79,800

GGRM ended the trading negatively and break below diagonal support with high enough volume indicating a further downturn.

HRUM

Speculative Buy

S2 S1 Level R1 R2
2,000 2,180 2,320 2,500 2,680

HRUM closed that session higher above its horizontal resistance followed 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 02 August 2017

Dow Jones naik 72.8 poin ditutup pada level tertinggi baru 21,963.9 didukung kinerja keuangan korporasi. Harga minyak turun dibawah level US$ 49 per barrel seiring laporan kenaikan produksi OPEC. Bursa regional diperdagangkan mixed pagi ini belum dapat memberi dukungan terhadap perdagangan IHSG. Aksi jual investor asing memicu koreksi IHSG setelah beberapa hari perdagangan terakhir ditutup tepat pada garis diagonal resisten kuat. Penurunan IHSG dibawah level terendah sebelumnya pada 5,765 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG kembali bergerak turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 670 Trading Buy 595 635 700 730
CPIN 2,770 Trading Buy 2,500 2,600 2,850 2,950
GGRM 72,275 Sell on Strength 69,200 71,000 78,000 79,800
HRUM 2,320 Speculative Buy 2,000 2,180 2,500 2,680

*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,

Kiwoom Trader 26 April 2017

Dow Jones naik 1.1% ditutup pada level 20,996.1 seiring optimisme kinerja perusahaan 1Q 2017 serta reformasi pajak yang diusulkan Donald Trump. Bursa kawasan regional pagi ini bergerak positif didukung sentimen positif Dow. Candlestick IHSG membentuk pola hanging man, ditutup sedikit lebih tinggi dibandingkan posisi all-time high sebelumnya, mengindikasikan IHSG rawan koreksi akibat profit taking. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini ditengah optimisme pasar atas kinerja keuangan 1Q 2017.

Stock Closing Rec. S2 S1 R1 R2
BBNI 6,200 Trading Buy 5,875 6,025 6,350 6,525
CPIN 3,370 Sell on Strength 3,240 3,300 3,420 3,480
EXCL 3,190 Trading Buy 2,890 3,090 3,300 3,480
HRUM 2,500 Buy on Weakness 2,290 2,440 2,630 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,