Daily Research 29 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,070.7 6,098.8 6,130
  • US stock indexes closed higher yesterday, the US Senate Budget Committee has approved the Tax Reform Bill for a voting session tomorrow.
  • This morning North Korea launched a missile that reached the sea of Japan.
  • Nikkei 225, Kospi, and All Ordinaries opened higher this morning.
  • JCI’s tendency to move in mix direction is expected to continue today, after in the last three trading sessions have bounced on its MA20 support. Support 6,010 and resistance 6,130.
BBTN

Trading Buy

S2 S1 Level R1 R2
2,940 3,060 3,180 3,250 3,340

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

HMSP

Sell on Strength

S2 S1 Level R1 R2
4,100 4,220 4,380 4,445 4,550

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

INTP

Trading Buy

S2 S1 Level R1 R2
17,275 18,350 19,200 20,050 21,300

INTP closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

MEDC

Sell on Strength

S2 S1 Level R1 R2
815 865 965 1,000 1,040

MEDC ended the trading positively with higher volume however overbought RSI trend that could limit the upswing.

* 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 29 November 2017


Indeks saham AS ditutup lebih tinggi kemarin, Badan Anggaran Senat AS telah menyetujui RUU Reformasi Pajak untuk selanjutnya dilakukan voting besok. Pagi ini Korea Utara kembali meluncurkan rudal yang menjangkau wilayah laut Jepang. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. Pergerakan IHSG yang cenderung mix diperkirakan masih akan berlanjut hari ini, setelah dalam 3 sesi perdagangan terakhir berhasil memantul pada support MA20-nya. Support 6010, resistance 6130.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,180 Trading Buy 2,940 3,060 3,250 3,340
HMSP 4,380 Sell on Strength 4,100 4,220 4,445 4,550
INTP 19,200 Trading Buy 17,275 18,350 20,050 21,300
MEDC 965 Sell on Strength 815 865 1,000 1,040

*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 27 November 2017

S2 S1 IDX R1 R2
5,955.2 5,995.9 6,067.1 6,098.8 6,130
  • US stocks closed higher on the weekend. Investors believe consumer spending is rising in the Thanksgiving holiday season followed by Black Friday.
  • Nikkei 225, Kospi, and All Ordinaries indexes opened higher this morning.
  • JCI movement is still halted at MA20 support so that today it is expected to move in mix direction with tendency to strengthen. Support 6,005 and resistance 6,125.
GJTL

Trading Buy

S2 S1 Level R1 R2
630 670 750 800 850

GJTL closed the session higher with long white candle pattern and higher volume indicating another upside potential.

INTP

Speculative Buy

S2 S1 Level R1 R2
18,025 18,850 19,300 20,000 20,825

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

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,750 6,100 6,425 6,750 7,000

JSMR Closed lower with higher volume. JSMR’s price pattern also showed a break to its short term diagonal support may trigger technical correction.

TLKM

Speculative Buy

S2 S1 Level R1 R2
4,100 4,210 4,320 4,420 4,530

TLKM closed higher that session higher its horizontal resistance followed 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 27 November 2017


Indeks saham AS ditutup lebih tinggi pada akhir pekan. Investor meyakini belanja konsumen meningkat di musim liburan Thanksgiving yang diikuti oleh Black Friday. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka naik pagi ini. IHSG masih tertahan pada support MA20 sehingga hari ini diperkirakan masih akan bergerak mix cenderung menguat. Support 6005, resistance 6125.

Stock Closing Rec. S2 S1 R1 R2
GJTL 750 Trading Buy 630 670 800 850
INTP 19,300 Speculative Buy 18,025 18,850 20,000 20,825
JSMR 6,425 Sell on Strength 5,750 6,100 6,750 7,000
TLKM 4,320 Speculative Buy 4,100 4,210 4,420 4,530

*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 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 01 November 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 6,005.8 6,050 6,100
  • Dow Jones closed 28.5 point higher at 23,377.2 levels as investor expect the Fed will maintain gradual pace of rate increase.
  • Regional market traded positive this morning expected to bring some positive sentiments for IDX.
  • IDX closed higher yesterday backed by relatively high foreign net buy value, however its candlestick formed long black candle with upside gap which may trigger technical correction today.
  • We expect IDX to trade lower today as investors tend to lock profit after 9M 2017 financial results.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,090 1,185 1,255 1,345 1,425

ACES moved lower with a high trading volume and also a broken diagonal support that could lead to a further weak potential.

ELSA

Sell on Strength

S2 S1 Level R1 R2
256 292 308 326 346

ELSA took a deep weak turn with a bearish engulfing pattern and also a break on support and horizontal support signaling a further downturn.

INTP

Sell on Strength

S2 S1 Level R1 R2
20,825 21,850 22,450 24,000 24,200

INTP ended the trading negatively with high enough volume and open gap up with overbought RSI trend indicating a further downturn.

SRIL

Speculative Buy

S2 S1 Level R1 R2
318 344 364 398 420

MNCN closed the session higher after break above diagonal resistance with high enough 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.