Daily Research 12 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,675.5 5,770.6 5,837.2
  • Dow Jones closed 89.4 point higher at all-time high 21,271.97 levels as market digests former FBI Director’s testimony with the Senate.
  • EIDO closed 1.2% lower at 26.66 last Friday.
  • IDX closed below strong diagonal support line, which also breaks below its recent low level, as foreign investors realized profits.
  • We expect IDX to trade in negative territory today.
BBCA

Buy on Weakness

S2 S1 Level R1 R2
16,550 17,075 17,700 18,500 19,000

 

BBCA closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,290 2,340 2,430 2,540

 

PGAS still carried on the downside turn but only with a thin volume so that any further downturn maybe in a limited range.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,600 8,900 9,375 9,575 9,825

 

SMGR ended the trading positively followed with a high volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
44,900 46,175 47,550 48,000 50,025

UNVR edged higher nearing its horizontal resistance on Friday in which suggesting that another upside movement maybe in a limited range.

* 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 09 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,702.9 5,770.6 5,837.2
  • Dow Jones closed 8.8 point higher at 21,182.5 levels after Senate hearing session with former FBI Director.
  • Exit polls on UK election suggest PM Theresa May win majority at the Parliament but with less seat than previously. ECB meeting decided to leave its benchmark rate unchanged.
  • IDX closed near recent low at 5,693 levels. A break below the level may trigger further correction.
  • We expect IDX to trade in negative territory today.
ADHI

Speculative Buy

S2 S1 Level R1 R2
2,030 2,120 2,170 2,250 2,330

ADHI closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

CPIN

Buy on Weakness

S2 S1 Level R1 R2
2,970 3,050 3,070 3,200 3,300

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

INDF

Sell on Strength

S2 S1 Level R1 R2
7,950 8,300 8,600 8,925 9,200

INDF was on the negative side with a formation a bearish engulfing yesterday indicating another downside movement.

ITMG

Sell on Strength

S2 S1 Level R1 R2
15,800 16,700 17,450 17,950 19,200

ITMG still moved in the positive side but with the presences of several resistance that could slow down the upside opportunity.

* 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 09 June 2017

Dow Jones naik 8.8 poin ditutup pada level 21,182.5 setelah Senat melakukan dengar pendapat dengan mantan Direktur FBI yang dipecat Presiden beberapa waktu lalu. Hasil hitung cepat Pemilu Inggris mengindikasikan PM Theresa May mendapatkan mayoritas suara di Parlemen, namun dengan jumlah kursi yang lebih sedikit dari sebelumnya. Rapat ECB memutuskan untuk tidak mengubah suku bunga acuan. Harga minyak dunia kembali turun ke level US$ 45.5 per barrel. IHSG ditutup turun sedikit dibawah garis diagonal support kuat, dekat dengan level terendah sebelumnya pada 5,693. Penembusan ke bawah level tersebut berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,170 Speculative Buy 2,030 2,120 2,250 2,330
CPIN 3,070 Buy on Weakness 2,970 3,050 3,200 3,300
INDF 8,600 Sell on Strength 7,950 8,300 8,925 9,200
ITMG 17,450 Sell on Strength 15,800 16,700 17,950 19,200

*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 29 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,716.8 5,770.6 5,837.2
  • Dow Jones closed 2.7 point lower at 21,080.3 levels last Friday ahead of long holiday as the US market closed for Memorial Day today.
  • Regional bourses traded sideways this morning after north Korea test ballistic missile.
  • IDX closed at its short term diagonal support line. A break below that line, or below 5,703 levels, may trigger further market correction.
  • We expect IDX to trade mixed with negative tendency today.
BJBR

Trading Buy

S2 S1 Level R1 R2
1,745 1,890 2,240 2,330 2,510

BJBR has a chance to continue rally after ended trading with high volume. The rally will valid if BJBR break above recent high level (R1).

ITMG

Trading Buy

S2 S1 Level R1 R2
14,325 15,150 16,000 16,800 17,950

ITMG moved rather positively supported by a high enough volume that could create the opportunity to break its resistance.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,385 1,450 1,505 1,565 1,630

SILO ended the trading negatively near its long term diagonal support without volume that could dampen further downside movement.

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,840 3,040 3,200 3,260 3,440

PTPP ended the trading higher but with a close near its diagonal resistance that could limit 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.

Kiwoom Trader 29 May 2017

Dow Jones turun 2.7 poin ditutup pada level 21,080.3 hari Jumat menjelang libur panjang Memorial Day hari ini. Bursa kawasan regional diperdagangkan mendatar pagi ini seiring peluncuran rudal Korea Utara. IHSG ditutup tepat pada garis diagonal support jangka pendek. Penembusan di bawah level 5,703 diperkirakan dapat memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,240 Trading Buy 1,745 1,890 2,330 2,510
ITMG 16,000 Trading Buy 14,325 15,150 16,800 17,950
KLBF 1,505 Buy on Weakness 1,385 1,450 1,565 1,630
PTPP 3,200 Sell on Strength 2,840 3,040 3,260 3,440

*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 04 May 2017

S2 S1 IDX R1 R2
5,577.5 5,627.9   5,647.4 5,703.87 5,750
  • Dow Jones closed 8 point higher at 20,957.9 levels after the Fed decided to leave interest rate unchanged.
  • Metal prices closed lower after release of China’s manufacturing data which came out lower than expected.
  • IDX traded lower to test its support levels.
  • We expect IDX to trade lower today.
ADRO

Speculative Buy

S2 S1 Level R1 R2
1,530 1,600 1,630 1,750 1,820

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

BNGA

Sell on strength

S2 S1 Level R1 R2
1,155 1,215 1,270 1,315 1,365

BNGA closed the session lower with a bearish engulfing formation and a high enough volume suggesting a further down.

ITMG

Sell on Strength

S2 S1 Level R1 R2
16,150 17,075 18,050 19,100 20,075

ITMG ended the trading weaker with a high enough volume suggesting another downside potential.

TINS

Speculative Buy

S2 S1 Level R1 R2
805 860 900 945 995

TINS ended the trading ne g a tively near 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 04 May 2017

Dow Jones naik 8 poin pada level 20,957.9 kemarin setelah the Fed memutuskan tidak mengubah kebijakan suku bunga dalam rapat FOMC kemarin, sesuai dengan ekspektasi pasar. Koreksi harga metal dipicu sentimen data manufaktur China yang berada dibawah perkiraan sebelumnya. EIDO turun 0.75% ditutup pada level 26.32. IHSG kembali turun namun investor asing masih membukukan posisi beli bersih sekitar Rp 393 Miliar kemarin. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,630 Speculative Buy 1,530 1,600 1,750 1,820
BNGA 1,270 Sell on Strength 1,155 1,215 1,315 1,365
ITMG 18,050 Sell on Strength 16,150 17,075 19,100 20,075
TINS 900 Speculative Buy 805 860 945 995

*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,