Daily Research 20 November 2017

S2 S1 IDX R1 R2
5,988.2 6,044.3 6,051.7 6,100 6,130
  • Stock indices in the US and Europe ends lower in the weekend, after a US Treasury Secretary statement that a new Tax Reform bill would be handed over to
    President Trump ahead of year-end holidays, or slower than market expectations.
  • Nikkei 225, All Ordinaries opened lower this morning, Kospi rose.
  • IDX is likely to have a correction today after had risen to its new high in the last weekend. Support 5,990, resistance 6,110.
ASII

Sell on Strength

S2 S1 Level R1 R2
7,825 8,050 8,200 8,350 8,525

ASII ended the trading weaker with a bearish engulfing formation providing another downside sign.

INCO

Speculative Buy

S2 S1 Level R1 R2
2,800 2,950 2,970 3,100 3,260

INCO closed the session lower in diagonal support  area with a thin volume and a presence of its several support levels that could dampen a further downside movement.

ISAT

Speculative Buy

S2 S1 Level R1 R2
5,200 5,400 5,525 5,750 6,000

ISAT ended trading negatively in diagonal support area with a thin volume and oversold RSI trend that could dampen a further downside movement.

SCMA

Trading Buy

S2 S1 Level R1 R2
1,950 2,050 2,130 2,240 2,360

SCMA was in the positive side followed by a full white candle and higher volume indicating a still favorable 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.

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Kiwoom Trader 20 November 2017


Indeks saham di AS dan Eropa ditutup turun pada akhir pekan, setelah pernyataan Menkeu AS bahwa RUU Reformasi Pajak baru akan diserahkan kepada Presiden Trump menjelang liburan akhir tahun, atau lebih lambat dari harapan pasar. Indeks Nikkei 225 dan All Ordinaries dibuka turun pagi ini, Kospi naik. IHSG berpeluang terkoreksi hari ini setelah pada akhir pekan sempat naik ke level tertinggi barunya. Support 5990, resistance 6110.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,200 Sell on Strength 7,825 8,050 8,350 8,525
INCO 2,970 Speculative buy 2,800 2,950 3,100 3,260
ISAT 5,525 Speculative buy 5,200 5,400 5,750 6,000
SCMA 2,130 Trading buy 1,950 2,050 2,240 2,360

*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 07 November 2017

S2 S1 IDX R1 R2
5,915.4 5,974.1 6,050.8 6,052 6,100
  • Dow Jones, S&P 500, and Nasdaq traded higher and booked fresh new high yesterday.
  • Crude oil traded higher as the result of corruption scandal on oil producing region, Saudi Arabia.
  • This morning Nikkei 225 and Kospi traded lower while All Ordinaries traded higher.
  • While Indonesia’s 3Q 2017 GDP only grew by 5.06%Yoy, below 5.1% to 5.2% estimated, IDX managed to closed higher yesterday. In all we expect IDX to continue its positive trend but capped on 6,110 resistance levels while 5,990 support levels expected to prevent deeper potential correction today
BBTN

Sell on Strength

S2 S1 Level R1 R2
2,740 2,830 2,920 3,000 3,140

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

INCO

Sell on Strength

S2 S1 Level R1 R2
2,800 2,950 3,170 3,240 3,370

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

ITMG

Buy on Weakness

S2 S1 Level R1 R2
19,950 20,800 21,475 22,175 23,175

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

WIKA

Speculative Buy

S2 S1 Level R1 R2
1,865 1,950 2,020 2,090 2,170

WIKA ended the trading positively with long white candle pattern near its diagonal resistance with high enough volume that could break above diagonal resistance.

* 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 07 November 2017


Indeks Dow Jones, S&P 500, dan Nasdaq kembali ditutup naik di level tertinggi barunya kemarin. Optimisme masih dipengaruhi oleh positifnya kinerja keuangan emiten serta beberapa rencana aksi korporasi berupa merger dan akuisisi. Goldman Sachs menaikkan target harga Nickel dan Tembaga yang berakibat positif bagi beberapa komoditas lainnya. Harga minyak naik setelah beredarnya kabar penahanan beberapa pangeran kerajaan Saudi atas tuduhan korupsi. Pagi ini indeks Nikkei 225 dan Kospi dibuka turun, sementara All Ordinaries naik. Meskipun pertumbuhan GDP kuartal III-2017 Indonesia hanya mencapai 5.06% atau masih dibawah estimasi 5.1% – 5.2%, namun IHSG berhasil bergerak positif kemarin sehingga hari ini pun berpeluang melanjutkan penguatannya meskipun terbatas pada resistance 6110. Namun apabila berbalik melemah maka support ada di 5990.

Stock Closing Rec. S2 S1 R1 R2
BBTN 2,920 Sell on Strength 2,740 2,830 3,000 3,140
INCO 3,170 Sell on Strength 2,800 2,950 3,240 3,370
ITMG 21,475 Buy on Weakness 19,950 20,800 22,175 23,175
WIKA 2,020 Speculative Buy 1,865 1,950 2,090 2,170

*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 11 October 2017

 

S2 S1 IDX R1 R2
5,855.1 5,884.6   5,905.8 5,939.5 5,970
  • Dow Jones gained 0.3% which made fresh new high at 20,830.7 levels backed by Wall-Mart stock buyback plan.
  • Regional market traded sideways this morning. EIDO closed 0.7% higher at 26.78 levels may support IDX at the open today.
  • IDX traded sideways near horizontal support line. A break below the line may trigger further downside risk for IDX.
  • In all we expect IDX to trade mixed today as foreign investors remains a net seller on equity market.
CPIN

Trading Buy

S2 S1 Level R1 R2
2,770 2,850 2,960 3,000 3,090

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

ELSA

Trading Buy

S2 S1 Level R1 R2
268 284 314 324 342

ELSA ended the trading positively after break above flag pattern with high enough volume indicating another upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
2,600 2,790 2,920 3,080 3,240

INCO closed the session positively but not followed volume and close near its recent high that could limit this upswing.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,300 4,420 4,530 4,650 4,740

TLKM ended the trading negatively and break below horizontal support indicating a further 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 11 October 2017


Kendati pasar Eropa bergerak mixed namun Dow Jones berhasil ditutup naik 0.3% pada level tertinggi baru 20,830.7 dipicu rencana buyback saham Wall-Mart. Bursa regional diperdagangkan mendatar pagi ini belum dapat memberi sentimen terhadap IHSG. Namun demikian EIDO naik 0.7% ditutup pada level 26.78 berpotensi menopang IHSG pada sesi pagi ini. IHSG bergerak mendatar dekat horizontal support. Penembusan ke bawah level tersebut berpotensi memicu koreksi IHSG lebih dalam. Kami memperkirakan IHSG bergerak mixed hari ini, masih dibayangi aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
CPIN 2,960 Trading Buy 2,770 2,850 3,000 3,090
ELSA 314 Trading Buy 268 284 324 342
INCO 2,920 Sell on Strength 2,600 2,790 3,080 3,240
TLKM 4,530 Sell on Strength 4,300 4,420 4,650 4,740

*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 25 August 2017

 

 

Bursa Eropa dan Amerika bergerak cenderung mendatar. Dow Jones turun 0.13% ditutup pada level 21,783.4 namun EIDO turun 0.66% pada level 27.18. Bursa regional diperdagangkan cenderung mendatar pagi ini, belum dapat memberi sentimen IHSG di akhir pekan. IHSG turun setelah membukukan rekor tertinggi baru. Dengan candlestick membentuk pola bearish engulfing IHSG berpotensi kembali mengalami tekanan. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ERAA 725 Trading Buy 635 680 755 835
BNGA 1,370 Sell on Strength 1,210 1,305 1,430 1,500
INCO 2,920 Sell on Strength 2,610 2,840 3,050 3,250
UNTR 30,475 Sell on Strength 27,825 29,500 30,500 32,000

*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,