Daily Research 15 December 2017

S2 S1 IDX R1 R2
6,021.1 6,055.9 6,113.7 6,120.0 6,150.0
  • US and European stocks move lower after several US Republican senators expressed disagreement with the Tax Reform Bill.
  • Kospi opened higher this morning, while Nikkei 225 and All Ordinaries lower.
  • JCI managed to close at its new highs along with global market after Fed rate increase.
  • Watch out for profit taking today, support at 6,050 and resistance 6,170. Bank Indonesia yesterday kept RR Rate at 4.25%.
KLBF

Trading Buy

S2 S1 Level R1 R2
1,590 1,640 1,695 1,730 1,775

KLBF closed the session higher after break above its diagonal resistance with a high enough volume indicating another upside potential.

PTPP

Trading Buy

S2 S1 Level R1 R2
2,290 2,460 2,620 2,720 2,830

PTPP ended the trading positively with high enough volume indicating another upside potential.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,350 9,700 9,950 10,150 10,500

SMGR still moved up but with a close horizontal resistance that could limit gain.

ITMG

Buy on Weakness

S2 S1 Level R1 R2
19,450 20,250 20,775 22,200 23,000

ITMG ended the trading negatively near its diagonal support area with a thin volume suggesting a limited downside 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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Daily Research 12 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,026.6 6,053.0 6,098.8
  • US stocks moved higher yesterday. New York’s terror attacks have not affected investors’ optimism that are still expecting The Fed to continue its rate hike plan at
    Wednesday night’s meeting.
  • Nikkei 225 and Kospi opened lower this morning, while the All Ordinaries higher.
  • JCI is still likely to move sideways around its MA20 support, which shows no strong trend to rise or fall. Support 5,965 and resistance 6,085.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,125 1,190 1,240 1,290 1,365

ACES moved higher during the last 3 days but with the presence of its strong horizontal resistance that could limit the gaining turn.

ASII

Sell on Strength

S2 S1 Level R1 R2
8,000 8,200 8,400 8,550 8,750

ASII ended the session higher with a low volume that could dampen the upswing.

DOID

Hold

S2 S1 Level R1 R2
535 595 670 815 890

DOID closed the session lower with a thin volume and oversold RSI trend. A further downside would remain possible if DOID break its diagonal support may trigger price correction.

ITMG

Buy on Weakness

S2 S1 Level R1 R2
19,450 20,250 20,775 22,200 23,000

ITMG ended the trading negatively near its diagonal support area with a thin volume suggesting a limited downside 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 12 December 2017


Indeks saham AS bergerak lebih tinggi kemarin. Serangan teror di New York tidak mempengaruhi optimisme investor yang masih mengharapkan The Fed untuk meneruskan rencana kenaikan suku bunga pada pertemuan Rabu malam mendatang. Indeks Nikkei 225 dan Kospi dibuka lebih rendah pagi ini, sementara All Ordinaries lebih tinggi. IHSG masih cenderung bergerak sideways di sekitar support MA20 nya, yang menunjukkan belum adanya tren yang kuat untuk naik atau turun. Support 5965, resistance 6085.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,240 Sell on Strength 1,125 1,190 1,290 1,365
ASII 8,400 Sell on Strength 8,000 8,200 8,550 8,750
DOID 670 Hold 535 595 815 890
ITMG 20,775 Buy on Weakness 19,450 20,250 22,200 23,000

*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,

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 25 October 2017

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,952.1 5,974.2 6,000
  • Dow Jones closed 167.8 point higher at new record high at 23,441.8 levels backed by positive sentiments on US earning season.
  • Regional market traded positive this morning may send some positive momentum for IDX today.
  • IDX closed slightly above all-time high level however its candlestick formed inverted hammer pattern, which indicate selling pressure still persist thus may cause technical correction today.
  • In all we expect IDX to trade mixed with lower tendency today.
GGRM

Buy on Weakness

S2 S1 Level R1 R2
56,300 60,150 62,025 64,500 68,000

GGRM still carried on the downturn but with the presence of its horizontal support that could slow the downturn.

ITMG

Sell on Strength

S2 S1 Level R1 R2
20,800 21,600 23,000 23,500 24,500

ITMG ended the trading positively with a thin volume and overbought RSI trend that could limit the upswing.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,525 5,850 6,050 6,300 6,550

JSMR moved higher with bullish harami pattern but near its recent high that could dampen the upswing.

PPRO

Trading Buy

S2 S1 Level R1 R2
181 197 220 234 246

PPRO closed the session higher with bullish engulfing pattern and higher 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.

Kiwoom Trader 25 October 2017


Pasar Eropa dan Amerika diperdagangkan positif kemarin. Dow Jones naik 167.8 poin ditutup pada level tertinggi baru 23,441.8 kemarin didukung kenaikan saham Caterpillar dan 3M seiring kinerja keuangan yang baik. Bursa regional diperdagangkan sedikit positif pagi ini diharapkan dapat menopang perdagangan pagi ini. IHSG ditutup sedikit diatas level tertinggi sebelumnya namun candlestick membentuk pola inverted hammer, mengindikasikan masih adanya tekanan jual sehingga berpotensi memicu koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
GGRM 62,025 Buy on Weakness 56,300 60,150 64,500 68,000
ITMG 23,000 Sell on Strength 20,800 21,600 23,500 24,500
JSMR 6,050 Sell on Strength 5,525 5,850 6,300 6,550
PPRO 220 Trading Buy 181 197 234 246

*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,