Daily Research 07 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,707.8 5,770.6 5,837.2
  • Dow Jones closed 0.23% lower at 21,136.2 levels with EIDO closed 0.66% lower at 26.98 levels. Investors tend to wait and see ahead of former FBI Director James Comey testify in front of Senate and US election both scheduled on Thursday.
  • IDX closed on strong diagonal support line which also near its recent low at 5,693 levels. A break below the line and recent low levels may trigger market correction.
  • We expect IDX to trade in negative territory today.
DOID

Trading Buy

S2 S1 Level R1 R2
755 825 895 915 1,000

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

ISAT

Speculative Buy

S2 S1 Level R1 R2
6,200 6,375 6,500 6,800 7,000

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

JPFA

Trading Buy

S2 S1 Level R1 R2
1,555 1,235 1,320 1,420 1,555

JPFA closed the session higher above its horizontal resistance with a high volume indicating another upside potential.

SMRA

Buy on Weakness

S2 S1 Level R1 R2
1,020 1,400 1,225 1,260 1,325 1,400

SMRA moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

* 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 June 2017

Dow Jones turun 2.2 poin ditutup pada level 21,184.

Dow Jones turun 0.23% ditutup pada level 21,136.2 dengan EIDO turun 0.66% pada level 26.98. Pelaku pasar di bursa Amerika cenderung wait and see menjelang kesaksian mantan Direktur FBI James Comey dalam rapat Senat hari Kamis. Bursa kawasan Eropa diperdagangkan negatif menjelang proses pemilu Inggris hari Kamis. IHSG ditutup tepat pada garis diagonal support yang juga mendekati level terendah sebelumnya pada level 5,693. Penembusan ke bawah garis diagonal support dan level terendah sebelumnya berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
DOID 895 Trading Buy 755 825 915 1,000
ISAT 6,500 Speculative Buy 6,200 6,375 6,800 7,000
JPFA 1,320 Trading Buy 1,555 1,235 1,420 1,555
SMRA 1,260 Buy on Weakness 1,020 1,225 1,325 1,400

 

*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 30 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,712.3 5,770.6 5,837.2
  • Dow Jones closed on Memorial Day. Regional bourses traded flat this morning due to lack of leads from US and European market.
  • IDX closed slightly lower yesterday but its candlestick formed bearish engulfing pattern, a sign for another selling pressure today.
  • IDX may get technical correction if break below 5,703 levels.
  • We expect IDX to trade mixed with negative tendency today.
ANTM

Trading Buy

S2 S1 Level R1 R2
665 695 750 770 800

ANTM close the session higher with a long white candle pattern after break above its horizontal resistance with high enough volume indicating another upside potential.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,075 1,200 1,290 1,400 1,515

JPFA closed the trading higher with a break on its horizontal resistance with a high volume as well as a long white candle indicating a further upside opportunity.

UNTR

Hold

S2 S1 Level R1 R2
23,725 24,600 26,025 26,900 27,900

UNTR ended the trading positive in long term diagonal resistance area with increasing trading volume. A break above R1 may send UNTR higher to test resistance levels.

WIKA

Buy on Weakness

S2 S1 Level R1 R2
2,840 3,040 2,280 3,260 3,440

WIKA moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

* 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 30 May 2017

Dow Jones tutup memperingati Memorial Day. Bursa kawasan regional diperdagangkan mendatar pagi ini. HongKong tutup memperingati festival Tuen Ng. IHSG ditutup sedikit turun kemarin namun candlestick membentuk pola bearish engulfing sehingga berpotensi memicu tekanan jual hari ini. Investor asing mulai terlihat melakukan posisi jual bersih dalam beberapa hari perdagangan terakhir. IHSG berpotensi mengalami koreksi teknikal jika turun dibawah level 5,703. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 750 Trading Buy 665 695 770 800
JPFA 1,290 Trading Buy 1,075 1,200 1,400 1,515
UNTR 26,025 Hold 23,725 24,600 26,900 27,900
WIKA 2,280 Buy on Weakness 2,180 2,230 2,380 2,480

*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 17 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,647.0 5,715.1 5,750
  • Dow Jones closed 2.2 point lower at 20,979.7 levels on a mixed trading sessions.
  • Australian and Japan bourses traded 0.5% and 0.6% lower this morning as investors lock profits.
  • IDX closed at recent low levels and break short term diagonal support line.
  • We expect IDX to trade negative today as investors wait and see the official announcement of rating revision from Standard & Poor’s.
ANTM

Trading Buy

S2 S1 Level R1 R2
570 600 700 730 760

ANTM closed the session higher above its diagonal resistance with a high volume indicating another upside potential.

INTP

Sell on Strength

S2 S1 Level R1 R2
17,200 17,800 18,475 19,000 19,500

INTP ended the trading positively in its diagonal resistance with an open gap up and overbought RSI trend that could limit the upswing.

JPFA

Speculative Buy

S2 S1 Level R1 R2
970 1,060 1,180 1,215 1,300

JPFA closed the trading higher with a long white candle after on a weak trend in the last 6 days creating a technical rebound.

MEDC

Trading Buy

S2 S1 Level R1 R2
2,300 2,500 2,750 2,940 3,150

MEDC ended the trading positively with a high 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 17 May 2017

Dow Jones turun 2.2 poin pada level 20,979.7 dalam perdagangan yang cenderung mendatar seiring sepinya berita penggerak pasar. Bursa Australia dan Jepang turun masing-masing sebesar 0.5% dan 0.6% pagi ini seiring langkah profit taking investor. Cenderung melemahnya harga komoditas seperti minyak dunia, nikel, timah, dan minyak sawit berpotensi kembali menekan perdagangan hari ini. IHSG ditutup tepat pada level terendah sebelumnya dan sedikit menembus diagonal support jangka pendeknya. Level-level horizontal support diharapkan dapat menopang potensi koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung negatif hari ini ditengah langkah investor menunggu pengumuman rating dari Standard & Poor’s.

Stock Closing Rec. S2 S1 R1 R2
ANTM 700 Trading Buy 570 600 730 760
INTP 18,475 Sell on Strength 17,200 17,800 19,000 19,500
JPFA 1,180 Speculative Buy 970 1,060 1,215 1,300
MEDC 2,750 Trading Buy 2,300 2,500 2,940 3,150

*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 09 May 2017

S2 S1 IDX R1 R2
5,627.9 5,680.8   5,707.9 5,750 5,790
  • Dow Jones closed 5.3 point higher at 21,012.2 levels as investors digest the result of French Presidential election.
  • Regional bourses traded mixed this morning.
  • IDX closed higher yesterday but its candlestick formed an upside gap with inverted hammer pattern which indicates one day reversal.
  • We expect IDX to trade in negative territory today as investor realize profits.
BJTM

Sell on Strength

S2 S1 Level R1 R2
640 670 705 730 750

BJTM moved higher with a long white candle pattern but with the presences of several resistance that could limit the upswing.

BMRI

Sell on Strength

S2 S1 Level R1 R2
11,700 11,900 12,050 12,300 12,500

BMRI closed the session negative with a shooting star pattern also supported by a high enough volume indicating a further downturn.

BMTR

Buy on Weakness

S2 S1 Level R1 R2
555 595 620 680 770

BMTR took a weak turn but with a thin volume and the presences of several supports that could expectedly slow down the downswing.

JPFA

Speculative Buy

S2 S1 Level R1 R2
1,115 1,200 1,265 1,365 1,425

JPFA ended the trading n e gatively in its diagonal support without volume and 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.