Daily Research 14 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,707.6 5,770.6 5,837.2
  • Dow Jones closed 92.8 point higher at fresh all-time high at 21,328.47 levels while EIDO closed 0.7% higher at 27.02 levels.
  • Regional bourses traded higher this morning backed by positive sentiments from Dow Jones. Global market expect another 25 basis point increase on the Fed Fund Rate as the Fed meets on 13-14 June.
  • IDX closed higher near strong diagonal resistance line but with relatively low trading volume.
  • We expect IDX to trade on positive territory today although further upside momentum may be limited by its strong diagonal resistance line.
ACES

Sell on Strength

S2 S1 Level R1 R2
935 970 1,020 1,055 1,100

ACES are relatively up but with a closer near its recent high in which could trim the upside turn.

AISA

Hold

S2 S1 Level R1 R2
1,510 1,660 1,715 1,910 2,050

AISA closed lower near its diagonal support. A break below S1 may trigger further price correction however a break above short term horizontal resistance line may trigger technical rebound.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,420 2,500 2,680 2,700 2,800

BBTN ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

INCO

Trading Buy

S2 S1 Level R1 R2
1,750 1,850 1,965 2,050 2,220

INCO managed a slight increase with supported by a high volume

* 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 14 June 2017

Dow Jones naik 92.8 poin ditutup pada level tertinggi baru pada level 21,328.47. EIDO naik 0.7% pada level 27.02. Pasar telah dapat menerima rencana kenaikan suku bunga Amerika dalam rapat FOMC 13-14 Juni. Bursa kawasan regional diperdagangkan naik pagi ini mengikuti sentimen Dow Jones. IHSG berhasil naik mendekati garis diagonal resisten kuat namun tidak didukung oleh volume perdagangan. Kami memperkirakan IHSG bergerak cenderung naik hari ini namun penguatan dibatasi oleh resisten yang berupa garis diagonal resisten kuat.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,020 Sell on Strength 935 970 1,055 1,100
AISA 1,715 Hold 1,510 1,660 1,910 2,050
BBTN 2,680 Sell on Strength 2,420 2,500 2,700 2,800
INCO 1,965 Trading Buy 1,750 1,850 2,050 2,220

*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 10 May 2017

S2 S1 IDX R1 R2
5,627.9 5,680.8   5,697.1 5,750 5,790
  • Dow Jones traded 36.5 point lower closed at 20,975.7 levels after North Korea statement to proceed their nuclear tests.
  • Nikkei traded 0.3% higher this morning as Yen depreciates against US$.
  • IDX’s candlestick formed “dark cloud cover” which indicates further downside risk today.
  • We expect IDX to trade negative today as investors realize profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
13,000 13,500 14,000 14,350 14,850

BBRI moved negatively with a shooting star pattern after falling to break its recent high suggesting another downside movement.

INCO

Buy on Weakness

S2 S1 Level R1 R2
1,710 1,850 1,930 2,040 2,150

INCO closed the session negative near its diagonal support with a thin volume and oversold RSI trend suggesting a limited downside potential.

MEDC

Speculative Buy

S2 S1 Level R1 R2
2,000 2,200 2,300 2,500 2,670

MEDC ended the trading negatively in its diagonal support without volume and oversold RSI trend that could dampen a further downside movement.

TBIG

Sell on Strength

S2 S1 Level R1 R2
5,225 5,450 5,675 5,900 6,075

TBIG moved in the weak s i d e followed by a bearish engulfing suggesting another downside movement.

* 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 10 May 2017

Dow Jones turun 36.5 poin pada level 20,975.7 dipicu oleh pernyataan duta besar Korea Utara bahwa negara tersebut akan tetap melanjutkan serangkaian tes nuklir. Nikkei naik 0.3% pagi ini dipicu oleh sentimen depresiasi Yen. Candlestick IHSG kemarin membentuk pola “dark cloud cover” mengindikasikan pelemahan lanjutan masih akan terjadi hari ini. Kami memperkirakan IHSG diperdagangkan cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,000 Sell on Strength 13,000 13,500 14,350 14,850
INCO 1,930 Buy on Weakness 1,710 1,850 2,040 2,150
MEDC 2,300 Speculative Buy 2,000 2,200 2,500 2,670
TBIG 5,675 Sell on Strength 5,225 5,450 5,900 6,075

*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 03 February 2017

kiwoom-trader-jumat

Dow Jones Industrial Average turun tipis 6.03 poin, atau 0.03%, pada 19,884.91. Nasdaq Composite melemah 6.45 poin, atau 0.11%, pada 5,636.20. Wall Street bergerak turun dalam kisaran terbatas pada hari Kamis setelah Trump berkomentar tentang perdagangan dan arah kebijakannya.

Stock Closing Rec. S2 S1 R1 R2
ANTM 840 Trading buy 720 775 875 940
DOID 595 Trading buy 505 560 640 705
INCO 2,840 Sell on strength 2,400 2,590 3,020 3,250
RALS 1,440 Sell on strength 1,270 1,325 1,500 1,550

Best Regards,

*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 02 February 2017

kiwoom-research-kamis

S2 S1 IDX R1 R2
5,272 5,294   5,327.1 5,350 5,375
  • Dow Jones closed higher after the Fed leaves rate unchanged. UK Parliament approved the Government to begin Brexit process.
  • The IDX edged higher with the break on its diagonal resistance yesterday. But so, hammer formation and a next resistance would potentially limit the upside turn.
  • We expect IDX tot trade lower today due to technical correction.
BBNI

Sell on strength

S2 S1 Level R1 R2
5,475 5,625 5,950 6,025 6,225

BBNI ended the trading po s iti vely with a high volume but with a close near its diagonal resistance and an overbought RSI trend that could dampen the upswing.

INCO

Trading buy

S2 S1 Level R1 R2
2,180 2,320 2,560 2,640 2,770

INCO closed the session in the positive side with a long white candle and a strong volume indicating another upside opportunity.

INTP

Trading buy

S2 S1 Level R1 R2
14,500 15,000 15,300 16,000 16,800

INTP was in the positive territory with a bullish harami pattern suggesting another favorable potential.

MEDC

Sell on strength

S2 S1 Level R1 R2
1,280 1,415 1,525 1,555 1,660

MEDC moved up rather considerably supported by a high volume but with a close near several resistances in which could limit this upturn.

* 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 February 2017

kiwoom-trader-kamis

Dow Jones Industrial Average menguat 26.85 poin, atau 0.14%, pada 19,890.94. Nasdaq Composite juga naik 27.87 poin, atau 0.50%, pada 5,642.65. Wall Street berada di kisaran positif pada hari Rabu setelah the Fed mempertahankan suku bunga dan penguatan harga saham Apple.

Stock Closing Rec. S2 S1 R1 R2
BBNI 5,950 Sell on strength 5,475 5,625 6,025 6,225
INCO 2,560 Trading buy 2,180 2,320 2,640 2,770
INTP 15,300 Trading buy 14,500 15,000 16,000 16,800
MEDC 1,525 Sell on strength 1,280 1,415 1,555 1,660

Best Regards,

*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.