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.

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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,

Daily Research 08 January 2018

S2 S1 IDX R1 R2
6,109.5 6,181.9 6,353.7 6,366.1 6,445.9
  • Dow Jones closed 0.9% higher at fresh new high 25,295.9 levels backed by positive sentiment over US tax reform. EIDO climbed 1.2% closed at 28.98 levels
    last Friday.
  • Regional market opened positive this morning.
  • Lower US Dollar Index support Rupiah appreciation and commodity prices.
  • IDX on a technical rebound last Friday which closed near its all-time high level.
  • In all we expect IDX to trade positive today to test its recent high and its resistances.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,750 9,100 9,300 9,525 9,850

BBNI took a negative step followed by a formation of a long black candle yesterday suggesting a further weak sign.

HRUM

Trading Buy

S2 S1 Level R1 R2
2,140 2,260 2,360 2,430 2,510

HRUM ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,870 3,000 3,170 3,260 3,400

INCO ended the trading positively near resistance area with a thin volume and overbought RSI trend that could limit the upswing.

PTBA

Trading Buy

S2 S1 Level R1 R2
2,350 2,440 2,610 2,655 2,735

PTBA closed the session higher with long white candle pattern and followed by 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.

Daily Research 08 January 2018

S2 S1 IDX R1 R2
6,109.5 6,181.9 6,353.7 6,366.1 6,445.9
  • Dow Jones closed 0.9% higher at fresh new high 25,295.9 levels backed by positive sentiment over US tax reform. EIDO climbed 1.2% closed at 28.98 levels
    last Friday.
  • Regional market opened positive this morning.
  • Lower US Dollar Index support Rupiah appreciation and commodity prices.
  • IDX on a technical rebound last Friday which closed near its all-time high level.
  • In all we expect IDX to trade positive today to test its recent high and its resistances.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,750 9,100 9,300 9,525 9,850

BBNI took a negative step followed by a formation of a long black candle yesterday suggesting a further weak sign.

HRUM

Trading Buy

S2 S1 Level R1 R2
2,140 2,260 2,360 2,430 2,510

HRUM ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,870 3,000 3,170 3,260 3,400

INCO ended the trading positively near resistance area with a thin volume and overbought RSI trend that could limit the upswing.

PTBA

Trading Buy

S2 S1 Level R1 R2
2,350 2,440 2,610 2,655 2,735

WSKT ended trading positively with long white candle after break above resistance 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 08 January 2018


Pasar Eropa dan Amerika diperdagangkan menguat akhir pekan lalu didukung sentimen reformasi pajak Amerika. Dow Jones naik 0.9% ditutup pada level tertinggi baru 25,295.9. EIDO naik 1.2% ditutup pada level 28.98 hari Jumat. Bursa regional diperdagangkan positif pagi ini. Penurunan US Dollar Index mendorong apresiasi kurs Rupiah dan menopang harga komoditas. Harga energi dunia cukup bertahan pada level yang tinggi, diharapkan dapat kembali menopang sentimen pasar di sektor komoditas. IHSG mengalami teknikal rebound hari Jumat ditutup dekat level tertinggi sebelumnya. Kami memperkirakan IHSG bergerak positif hari ini menguji level tertinggi sebelumnya.

Stock Closing Rec. S2 S1 R1 R2
BBNI 9,300 Sell on Strength 8,750 9,100 9,525 9,850
HRUM 2,360 Trading Buy 2,140 2,260 2,430 2,510
INCO 3,170 Sell on Strength 2,870 3,000 3,260 3,400
PTBA 2,610 Trading Buy 2,350 2,440 2,655 2,735

*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 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.