Kiwoom Trader 28 March 2018

Bursa Eropa mengalami teknikal rebound namun Bursa Amerika diperdagangkan melemah seiring tekanan jual atas saham sektor teknologi yang dipicu penurunan saham Microsoft. Penurunan Nasdaq dipicu koreksi saham Apple, Amazon, dan Facebook. Bursa regional turut mengalami koreksi dengan Nikkei225 turun 1.8%, Kospi turun 0.9%, dan AORD turun 0.6%. IHSG mengalami teknikal rebound namun candlestick membentuk pola dark cloud sehingga berpotensi kembali mengalami koreksi. Kami memperkirakan IHSG bergerak menurun hari ini menjelang libur Jumat Agung dan Paskah.

Stock Closing Rec. S2 S1 R1 R2
BRPT 2,340 Buy on weakness 2,100 2,270 2,410 2,530
ICBP 8,375 Buy on weakness 7,500 8,100 8,700 9,100
KLBF 1,440 Sell on strength 1,300 1,400 1,460 1,510
PGAS 2,380 Sell on strength 2,170 2,300 2,520 2,670

 

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Daily Research 28 March 2018

S2 S1 IDX R1 R2
6,109.4 6,167.0 6,200.1 6,243.5 6,314.0
  • European market on a technical rebound while Dow Jones closed 1.4% lower dragged by Microsoft stock. EIDO closed 1.8% lower at 26.5.
  • Regional market traded negative following weak US sessions with Nikkei225 down 1.8%, Kospi down 0.9%, and AORD down 0.6%.
  • IDX rebound yesterday but its candlestick formed dark cloud cover pattern which indicate another weak session today.
  • In all we expect IDX to trade lower today ahead of Good Friday and Easter holiday.
BRPT

Buy on weakness

S2 S1 Level R1 R2
2,100 2,270 2,340 2,410 2,530

BRPT was in the negative side near diagonal support area with a thin volume that could dampen a further downside movement.

KLBF

Sell on strength

S2 S1 Level R1 R2
1,300 1,400 1,440 1,460 1,510

KLBF still moved up but with a close horizontal resistance that could limit gain.

ICBP

Buy on weakness

S2 S1 Level R1 R2
7,500 8,100 8,375 8,700 9,100

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

PGAS

Sell on strength

S2 S1 Level R1 R2
2,170 2,300 2,380 2,520 2,670

PGAS closed the session lower with a dark cloud cover indicating another further downturn.

Kiwoom Trader 14 March 2018


Dow Jones turun 0.7% pada level 25,007 seiring kekuatiran investor atas pemecatan Tillerson dan melarang Qualcomm diakuisisi oleh Broadcom. Bursa regional diperdagangkan mendatar dengan kecenderungan negatif pagi ini. IHSG ditutup melemah mendekati support. Penembusan ke bawah level S1 berpotensi memicu koreksi lanjutan ditengah maraknya aksi jual investor asing.Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BDMN 6,850 Sell on Strength 6,500 6,700 7,000 7,300
ICBP 8,725 Buy on Weakness 8,575 8,700 9,125 9,275
PTBA 2,930 Sell on Strength 2,630 2,800 3,060 3,270
SCMA 2,880 Trading Buy 2,540 2,620 2,900 2,98

Daily Research 14 March 2018

S2 S1 IDX R1 R2
6,279.5 6,353.7 6,412.8 6,550.6 6,635.3
  • Dow Jones closed 0.7% lower at 25,007 as investors concern on US President’s terminate Tillerson and Quallcom blockage from Broadcom acquisition.
  • Regional market traded sideways with negative tendency this morning.
  • IHSG Closed the session lower near support. A break below S1 may trigger further correction as foreign investors keep selling Indonesian equities.
  • We expect IDX traded mixed with negative tendency today.
BDMN

Sell on Strength

S2 S1 Level R1 R2
6,500 6,700 6,850 7,000 7,300

BDMN moved higher followed by an increasing volume but with the presence of several strong resistance that could limit upswing.

ICBP

Buy on Weakness

S2 S1 Level R1 R2
8,575 8,700 8,725 9,125 9,275

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

PTBA

Sell on Strength

S2 S1 Level R1 R2
2,630 2,800 2,930 3,060 3,270

PTBA was in the negative side followed by a bearish engulfing indicating a further downside potential.

SCMA

Trading Buy

S2 S1 Level R1 R2
2,540 2,620 2,880 2,900 2,980

SCMA closed the session higher with long white candle and followed by higher volume indicating another upside potential.

Kiwoom Trader 21 February 2018


Bursa Eropa bergerak mixed cenderung positif namun Dow Jones ditutup turun 1% pada level 24,964 seiring penurunan 10.2% saham Walmart. Bursa regional bergerak mendatar dengan kecenderungan negatif pagi ini seiring sepinya berita penggerak pasar. US Dollar Index sedikit rebound memicu depresiasi kurs Rupiah namun harga minyak cenderung bertahan pada level diatas US$ 61 per barrel dipicu ketegangan geopolitik di kawasan Timur Tengah. IHSG mengalami koreksi setelah membukukan rekor tertinggi baru. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini seiring aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BMRI 9,050 Sell on Strength 8,100 8,300 9,100 9,300
ICBP 8,875 Speculative Buy 8,575 8,725 9,100 9,275
SCMA 2,700 Speculative Buy 2,510 2,620 2,900 3,000
SMGR 11,300 Sell on Strength 10,550 11,000 11,700 12,000

*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 21 February 2018

S2 S1 IDX R1 R2
6,478.5 6,578.2 6,662.9 6,750.0 6,800.0
  • Dow Jones closed 1% lower at 24,964 dragged by 10.2% drop on Walmart shares.
  • Regional market traded sideways with negative tendency due to lack of positive catalysts.
  • US Dollar Index slightly rebound as Rupiah depreciate, however crude oil price managed to stay above US$ 61 per barrel supported by geopolitical concerns on Middle East region.
  • We expect IDX trade mixed with negative tendency today as investors tend to realize profit after IDX book record high levels.
BMRI

Sell on Strength

S2 S1 Level R1 R2
8,100 8,300 9,050 9,100 9,300

BMRI closed the session all time high with a thin volume and overbought RSI trend that could limit the upswing.

ICBP

Speculative Buy

S2 S1 Level R1 R2
8,575 8,725 8,875 9,100 9,275

ICBP closed the session lower with long black candle pattern near its horizontal support suggesting a limited downside potential.

SCMA

Speculative Buy

S2 S1 Level R1 R2
2,510 2,620 2,700 2,900 3,000

SCMA ended the trading negatively near diagonal support with a thin volume suggesting a limited downside potential.

SMGR

Sell on Strength

S2 S1 Level R1 R2
10,550 11,000 11,300 11,700 12,000

SMGR ended the trading weaker with a bearish harami formation providing another downside sign.

Daily Research 22 December 2017

S2 S1 IDX R1 R2
6,021.1 6,064.6 6,183.4 6,200.0 6,250.0
  • US and European stocks move higher after some US companies said that they would reinvest savings from lower corporate taxes into higher wages and
    construction projects.
  • Nikkei 225 opened lower this morning, while Kospi and All Ordinaries higher.
  • JCI’s movement is still in a positive momentum to continue limited gains, where overbought Stochastic and RSI can also make it vulnerable to correction this
    weekend. Support 6,120 and resistance 6,245.
ADRO

Trading Buy

S2 S1 Level R1 R2
1,710 1,775 1,870 1,900 1,955

ADRO ended trading positively after break above horizontal resistance and followed by higher volume indicating another upside potential.

ICBP

Trading Buy

S2 S1 Level R1 R2
8,775 8,925 9,075 9,200 9,300

ICBP closed the session higher after break above horizontal resistance with high enough volume indicating another upside potential.

ISAT

Hold

S2 S1 Level R1 R2
4,600 4,800 4,850 5,000 5,200

ISAT moved lower during the last several days but with presence of its horizontal support. A further downside would rem

UNVR

Sell on strength

S2 S1 Level R1 R2
50,000 51,100 53,000 54,100 56,000

UNVR moved in the negativ e side after failing to break its previous high so that could lead to a further down

* 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.