Kiwoom Trader 27 March 2018

Bursa Eropa diperdagangkan menurun seiring ketegangan hubungan diplomatik dengan Rusia sebagai bentuk solidaritas Eropa terhadap Inggris. Dow Jones mengalami teknikal rebound, naik 2.8% pada level 24,202 dengan EIDO naik 2.5% pada level 26.99 seiring meredanya kekuatiran perang dagang. Bursa regional turut mengalami rebound dengan Nikkei225 naik 0.9%, Kospi naik 0.7%, dan AORD naik 0.6%. IHSG ditutup melemah dibawah garis diagonal support jangka panjang namun candlestick membentuk pola bullish harami sehingga berpotensi mengalami teknikal rebound. Kami memperkirakan IHSG bergerak cenderung positif hari ini seiring penurunan US Dollar Index yang berpotensi menopang Rupiah.

Stock	Closing	Rec.	S2	S1	R1	R2
BBCA	23,800	Take profit	21,900	22,600	24,250	25,000
BDMN	6,475	Buy on weakness	5,790	6,150	6,700	7,000
INDY	3,610	Trading Buy	3,050	3,400	3,820	4,090
MAPI	7,800	Take profit	6,800	7,125	7,900	8,200

 

Daily Research 27 March 2018

S2	S1	IDX	R1	R2
6,109.4	6,167.0	6,200.1	6,243.5	6,314.0

• Dow Jones on a technical rebound with 2.8% gain and closed at 24,202 levels while EIDO gained 2.5% at 26.99 as global trade war concerns eased.
• Regional market traded higher following US markets with Nikkei225 up 0.9%, Kospi up 0.7%, and AORD up 0.6%.
• IDX’s candlestick formed bullish harami which may hint a stronger session today.
• We expect IDX to trade positive today as lower US Dollar Index may support Rupiah today.

BBCA	Take profit
S2	S1	Level	R1	R2
21,900	22,600	23,800	24,250	25,000

BBCA was in the negative side with bearish harami pattern suggesting a further downside movement.

BDMN	Buy on weakness
S2	S1	Level	R1	R2
5,790	6,150	6,475	6,700	7,000

BDMN still carried on the weak turn with presence of several supports that could dampen the downturn.

INDY	Trading Buy
S2	S1	Level	R1	R2
3,060	3,400	3,610	3,820	4,090

INDY closed the session higher with long white candle pattern after on a weak trend in the last few days creating a technical rebound.

MAPI	Take profit
S2	S1	Level	R1	R2
6,800	7,125	7,800	7,900	8,200

MAPI was in the positive territory but with a position its recent high that could limit the upside opportunity.

Daily Research 14 November 2017

S2	S1	IDX	R1	R2
5,955.2	5,995.9	6,021.5	6,082.2	6,110

• The Dow Jones, S&P 500 and Nasdaq indexes closed up yesterday. However investors are still wary of the potential delay in US corporate tax reform implementation after the Senate put forward a proposal to delay it for a year.
• Nikkei 225 index opened higher this morning, while Kospi and All Ordinaries opened lower.
• Selling pressure is still quite large on IDX Composite however the decline is still limited to its support level at 5,960, resistance 6,080 if it could manage to
  rebound.

BSDE	Buy on Weakness
S2	S1	Level	R1	R2
1,600	1,630	1,655	1,710	1,740

BSDE ended the trading negatively with a thin volume and a presence of its several support levels that could dampen a further downside movement.

GGRM	Sell on Strength
S2	S1	Level	R1	R2
74,000	75,700	78,950	79,800	81,300

GGRM closed the session higher near its horizontal resistance and overbought RSI trend that could limit the upswing.

INDY	Sell on Strength
S2	S1	Level	R1	R2
2,490	2,670	2,790	2,890	3,000

INDY ended the trading flat with shooting star after increase a few days and overbought RSI trend suggesting a correction potential.

INTP	Buy on Weakness
S2	S1	Level	R1	R2
18,350	19,400	20,325	21,175	22,175

INTP continued the weak turn but with the presences of several horizontal support that could slow down the current downswing.

* 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 November 2017

Indeks Dow Jones, S&P 500, dan Nasdaq ditutup naik kemarin. Namun investor masih mewaspadai potensi terhambatnya implementasi reformasi pajak korporasi AS setelah Senat mengajukan usulan untuk menundanya hingga setahun ke depan. Indeks Nikkei 225 dibuka naik pagi ini, sementara Kospi dan All Ordinaries turun. Tekanan jual masih cukup besar pada IHSG namun penurunan masih terbatas pada support 5960, resistance 6080 apabila dapat berbalik rebound.

Stock	Closing	Rec.	S2	S1	R1	R2
BSDE	1,655	Buy on Weakness	1,600	1,630	1,710	1,740
GGRM	78,950	Sell on Strength	74,000	75,700	79,800	81,300
INDY	2,790	Sell on Strength	2,490	2,670	2,890	3,000
INTP	20,325	Buy on Weakness	18,350	19,400	21,175	22,175

*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 August 2017

 

S2	S1	IDX	R1	R2
5,806.7	5,850.0	5,914.0	5,950	6,000

• European and American market traded lower yesterday. Dow Jones closed 87.8 point lower at 21,812.1 levels as investor concerned about President Trump’s statement regarding border wall and NAFTA deals.
• Regional market traded flat this morning.
• IDX booked new record high backed by positive sentiment from BI’s rate cut. However IDX’s candlestick formed an upside gap yesterday which may trigger profit taking actions today.
• In all we expect IDX to trade mixed with lower tendency today

ADRO	Trading Buy
S2	S1	Level	R1	R2
1,750	1,840	1,955	2,000	2,100

ADRO closed the session higher with long white candle pattern after break above horizontal resistance with higher volume indicating another upside potential.

BBTN	Sell on Strength
S2	S1	Level	R1	R2
2,700	2,830	2,900	3,100	3,200

BBTN ended the trading negatively with shooting star pattern in diagonal resistance and overbought RSI trend indicating a further downturn.

BRPT	Sell on Strength
S2	S1	Level	R1	R2
1,665	1,810	1,910	2,020	2,180

BRPT took a weak turn with a bearish engulfing indicating a further downside movement.

INDY	Sell on Strength
S2	S1	Level	R1	R2
990	1,125	1,200	1,260	1,350

INDY still moved up but with a close recent high that could limit gain.

* 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 24 August 2017

 

Bursa Eropa dan Amerika diperdagangkan cenderung menurun kemarin. Dow Jones turun 87.8 poin ditutup pada level 21,812.1 dipicu kekuatiran pasar atas komentar Presiden Trump atas beberapa isu seperti pendanaan pembangunan tembok pemisah serta kesepakatan NAFTA. Bursa kawasan regional diperdagangkan mendatar pagi ini. IHSG kembali mencetak rekor tertinggi baru yang didukung sentimen penurunan suku bunga acuan. Namun demikian candlestick IHSG membentuk upside gap kemarin sehingga berpotensi memicu koreksi hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun pagi ini.

Stock	Closing	Rec.	S2	S1	R1	R2
ADRO	1,955	Trading Buy	1,750	1,840	2,000	2,100
BBTN	2,900	Sell on Strength	2,700	2,830	3,100	3,200
BRPT	1,910	Sell on Strength	1,665	1,810	2,020	2,180
INDY	1,200	Sell on Strength	990	1,125	1,260	1,350

*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 May 2017

S2	S1	IDX	R1	R2
5,606.7	5,653.4	5,685.3	5,726.5	5,750

• Dow Jones closed 27 point lower at 20,913.4 level yesterday. US Congress agree to extend the Government budget proposal until 5 May.
• Nikkei traded higher this morning supported by currency depreciation.
• IDX’s candlestick formed bearish engulfing pattern last Friday, indicate further downside risk today.
• We expect IDX to trade mixed with negative tendency today as investors realize profits.

ADRO	Buy on weakness
S2	S1	Level	R1	R2
1,695	1,745	1,775	1,840	1,895

ADRO was in the negative side with a bearish engulfing pattern but the presences of several horizontal supports in which limit the downswing.

ICBP	Sell on strength
S2	S1	Level	R1	R2
8,425	8,650	8,775	9,100	9,350

ICBP closed the session lower with a shooting star pattern also supported by a high volume and near overbought RSI trend indicating a further downturn.

INDY	Sell on Strength
S2	S1	Level	R1	R2
725	805	900	905	1,005

INDY moved up significantly with a high volume but with a presence of a horizontal resistance suggesting a correction potential

JPFA	Speculative Buy
S2	S1	Level	R1	R2
1,365	1,425	1,465	1,545	1,620

JPFA ended the trading n e g atively with long black candle pattern in its diagonal support without volume and near oversold RSI trend that could dampen a further 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 02 May 2017

Dow Jones turun 27 poin pada level 20,913.4 kemarin setelah selesainya pembahasan anggaran Pemerintah Amerika Serikat. Nikkei diperdagangkan naik pagi ini didukung oleh depresiasi kurs Yen terhadap US$. Candlestick IHSG membentuk pola bearish engulfing hari Jumat kemarin, mengindikasikan koreksi lanjutan hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini ditengah aksi profit taking investor.

Stock	Closing	Rec.	S2	S1	R1	R2
ADRO	1,775	Buy on weakness	1,695	1,745	1,840	1,895
ICBP	8,775	Sell on Strength	8,425	8,650	9,100	9,350
INDY	900	Sell on Strength	725	805	905	1,005
JPFA	1,465	Speculative buy	1,365	1,425	1,545	1,620

*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 2016

S2	S1	IDX	R1	R2
5,329	5,350	5,362.6	5,375	5,400

• Regional bourses on upside trend would expectedly send in the support.
• The IDX ended the trading higher after on a volatile session last week. But so, a still rather high foreign selling sentiment would slow down the upside potential.
• Therefore, we predict that the IDX would be in the positive side today.

Daily Research:

INDY	Sell on strength
S2	S1	Level	R1	R2
1,300	1,375	1,430	1,500	1,570

INDY still moved up in a thin range followed by a high volume but only with a shooting star pattern that could potentially create a correction.

ITMG	Trading buy
S2	S1	Level	R1	R2
13,725	14,400	15,400	15,900	17,000

ITMG moved in the positive side with a bullish engulfing pattern and also a break on its horizontal resistance suggesting a further upside opportunity.

KINO	Speculative buy
S2	S1	Level	R1	R2
2,800	3,000	3,200	3,400	3,680

KINO took a weak turn with a low volume and a close near the diagonal support and an oversold RSI trend indicating a limited downside potential.

WIKA	Trading buy
S2	S1	Level	R1	R2
2,270	2,400	2,580	2,650	2,760

WIKA edged higher followed by a bullish engulfing with a high enough volume that could lead to further 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 07 November 2016

Dow Jones industrial average melemah 42.39 poin, atau 0.24%, pada 17,888.28. Nasdaq Composite melemah 12.04 poin, atau 0.24%, pada 5,046.37. Wall Street masih berada di kisaran negatif pada hari Jum’at di tengah kekhawatiran pemilihan presiden minggu depan dan turunnya harga minyak mentah.

Stock	Closing	Rec.	S2	S1	R1	R2
INDY	1,430	Sell on strength	1,300	1,375	1,500	1,570
ITMG	15,400	Trading buy	13,725	14,400	15,900	17,000
KINO	3,200	Speculative buy	2,800	3,000	3,400	3,680
WIKA	2,580	Trading buy	2,270	2,400	2,650	2,760

*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.