Daily Research 22 February 2018

S2 S1 IDX R1 R2
6,478.5 6,578.2 6,643.4 6,750.0 6,800.0
  • European market traded mixed while Dow Jones closed 0.7% lower at 24,797 as investors concerns over potential US rate hike this year. Regional marker opened lower this morning.
  • Release of Fed’s minutes of FOMC meeting raised confidence on economic growth which also backed by an uptick in inflation.
  • IDX’s candlestick formed doji yesterday as it may trigger market correction today.
  • We expect IDX to trade mixed with negative tendency today.
BTPN

Trading Buy

S2 S1 Level R1 R2
3,170 3,300 3,690 3,900 4,070

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

INTP

Trading Buy

S2 S1 Level R1 R2
20,550 20,975 21,800 22,200 23,000

INTP closed the session higher with bullish engulfing pattern and followed by high enough volume indicating another upside potential.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,395 1,465 1,530 1,600 1,700

JPFA closed the session lower with a bearish engulfing formation suggesting a further downturn.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,460 2,610 2,720 2,860 2,950

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

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Daily Research 24 January 2018

S2 S1 IDX R1 R2
6,444.4 6,538.0 6,635.3 6,650.4 6,675.0
  • Dow Jones closed 3.8 point lower at 26,210.8 cannot send positive sentiments to regional market which opened flat this morning.
  • As US Dollar Index down Rupiah appreciate and traded around IDR 13,320 per US$ this morning.
  • Tendency of weak US Dollar support crude oil price which also backed by higher compliance among OPEC members in controlling output.
  • IDX booked another record high level backed by net purchase by foreign investors during pre-closing session yesterday.
  • We expect IDX traded mixed with negative tendency as investors tend to lock profits.
ACES

Trading buy

S2 S1 Level R1 R2
1,150 1,215 1,260 1,315 1,410

ACES moved higher with bullish engulfing formation in which could lead to another favorable opportunity.

ASII

Speculative Buy

S2 S1 Level R1 R2
8,000 8,250 8,525 8,725 8,950

ASII ended the session higher with a long white candle  formation and a high enough volume indicating a further favorable opportunity

JPFA

Buy on weakness

S2 S1 Level R1 R2
1,260 1,340 1,400 1,460 1,555

JPFA closed the session down at its horizontal support  with a thin volume that could potentially dampen the downswing.

TLKM

Buy on Weakness

S2 S1 Level R1 R2
3,910 4,035 4,090 4,190 4,320

TLKM moved lower during the las 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 24 January 2018


Kendati pasar Eropa bergerak mixed dengan kecenderungan positif, Dow Jones ditutup turun 3.8 poin pada level 26,210.8. US Dollar Index kembali menurun, mendorong apresiasi Rupiah pagi ini yang dibuka pada kisaran IDR 13,320 per US$. Kecenderungan pelemahan US Dollar turut menopang kenaikan harga minyak dunia selain didukung pula oleh kepatuhan negara anggota OPEC dalam mengendalikan produksi. Bursa regional diperdagangkan relatif mendatar pagi ini. IHSG membukukan rekor tertinggi baru didukung aksi beli investor asing pada akhir sesi perdagangan kemarin. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun hari ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,260 Trading Buy 1,150 1,215 1,315 1,410
ASII 8,525 Speculative buy 8,000 825 8,725 8,950
JPFA 1,400 Buy on Weakness 1,260 1,340 1,460 1,555
TLKM 4,090 Buy on Weakness 3,910 4,035 4,190 4,320

*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 December 2017

S2 S1 IDX R1 R2
5,954.7 6,000.5 6,054.6 6,070.7 6,098.8
  • US stocks moved higher after The Fed continues  raising interest rate.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI successfully bounced from its MA20 support with significant strengthening. Support 5,990 and resistance 6,015.
  • Bank Indonesia is expected to keep its benchmark interest rate at 4.25% on today’s decision.
BBNI

Sell on Strength

S2 S1 Level R1 R2
8,250 8,575 9,100 9,300 9,500

BBNI closed the session all time high but with a thin volume and overbought RSI trend that could limit the upside turn.

INDF

Buy

S2 S1 Level R1 R2
7,000 7,325 7,475 7,650 7,850

INDF managed a rebound after on a weak trend followed by an increasing volume that could lead to further upside movement.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,145 1,200 1,260 1,290 1,350

JPFA ended the trading positively with higher volume indicating another upside potential.

LPPF

Trading Buy

S2 S1 Level R1 R2
8,675 9,650 10,250 10,775 11,600

LPPF closed the session higher with a long white candle pattern suggesting a further 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 14 December 2017


Indeks saham AS bergerak lebih tinggi setelah The Fed memastikan untuk melanjutkan kenaikan suku bunga. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. IHSG berhasil memantul dari support MA20 nya dengan penguatan yang signifikan. Support 5990, resistance 6015. Bank Indonesia diharapkan masih mempertahankan suku bunga acuan pada 4.25% pada keputusan hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBNI 9,100 Sell on Strength 8,250 8,575 9,300 9,500
INDF 7,475 Buy 7,000 7,325 7,650 7,850
JPFA 1,260 Trading Buy 1,145 1,200 1,290 1,350
LPPF 10,250 Trading Buy 8,675 9,650 10,775 11,600

*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 23 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,929.5 5,967.1 6,000
  • Dow Jones closed 0.7% higher at 23,328.6 levels backed by positive sentiments on US tax reform.
  • EIDO closed 0.4% higher last Friday expected to support IDX on morning session today.
  • Regional market traded quite positive this morning.
  • IDX’s candlestick formed inverted hammer pattern last Friday which indicates continuation of selling pressure as investors tend to lock profits.
  • In all we expect IDX to trade mixed today.
ADHI

Trading Buy

S2 S1 Level R1 R2
2,030 2,080 2,160 2,170 2,220

ADHI closed the session higher after break above its short term horizontal resistance with high enough volume indicating another upside potential.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,235 1,340 1,400 1,430 1,555

JPFA moved up rather considerably followed by a high volume but with the presence of its strong horizontal resistance suggesting a limited positive opportunity.

PTBA

Buy on Weakness

S2 S1 Level R1 R2
9,225 10,050 10,600 11,725 11,850

PTBA took a weak movement followed by a long black candle pattern signaling another downside potential.

WTON

Trading Buy

S2 S1 Level R1 R2
535 560 635 665 690

WTON ended the trading positively after break above long term diagonal resistance with 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 23 October 2017


 

Pasar Eropa diperdagangkan cenderung mendatar akhir pekan lalu namun Dow Jones berhasil naik 0.7% ditutup pada level tertinggi baru 23,328.6 didukung sentimen positif rencana reformasi pajak di Amerika. EIDO naik 0.4% hari Jumat diharapkan dapat menopang IHSG pada sesi pagi hari ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk pola inverted hammer hari Jumat lalu, mengindikasikan potensi terjadinya koreksi teknikal hari ini seiring masih tingginya tekanan jual investor. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,160 Trading Buy 2,030 2,080 2,170 2,220
JPFA 1,400 Sell on Strength 1,235 1,340 1,430 1,555
PTBA 10,600 Buy on Weakness 9,225 10,050 11,725 11,850
WTON 635 Trading Buy 535 560 665 690

*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,