Daily Research 15 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,792.9 5,837.2 5,900.0
  • Dow Jones closed 46.1 point higher at 21,374.56 levels while EIDO closed 1.15% higher at 27.33 levels. The Fed decided to increase Fed Fund Rate by 25 Bps on its FOMC meeting.
  • Regional bourses traded mixed this morning, clouded by lower crude oil price after US crude oil inventory data released.
  • IDX closed at all-time high on last minute trades but not supported by strong trading volume.
  • We expect IDX to trade mixed with positive tendency this morning.
CTRA

Trading Buy

S2 S1 Level R1 R2
1,000 1,095 1,160 1,230 1,300

CTRA closed the session higher above its short term diagonal resistance with high enough volume indicating another upside potential.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,300 5,375 5,525

JSMR ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

WIKA

Trading Buy

S2 S1 Level R1 R2
2,100 2,180 2,260 2,330 2,400

WIKA has a chance to continue rally after ended trading with high volume. A break above R1 may send WIKA higher to test resistance levels.

WSKT

Trading Buy

S2 S1 Level R1 R2
2,180 2,250 2,350 2,420 2,500

WSKT moved rather positively supported by a high enough volume that could create the opportunity to break its 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 15 June 2017

Dow Jones naik 46.1 poin ditutup pada level 21,374.56. EIDO naik 1.15% ditutup pada level 27.33. The Fed kembali menaikkan suku bunga sebesar 25 basis poin dan mengindikasikan akan kembali menaikkan bunga satu kali lagi tahun ini, sesuai dengan ekspektasi pasar. Bursa regional di perdagangkan mixed pagi ini ditengah sentimen penurunan harga minyak dunia setelah keluarnya data persediaan minyak Amerika. IHSG ditutup pada level tertinggi baru namun tidak didukung oleh kenaikan volume perdagangan. Oleh karena itu kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
CTRA 1,160 Trading Buy 1,000 1,095 1,230 1,300
JSMR 5,300 Sell on Strength 5,000 5,150 5,375 5,525
WIKA 2,260 Trading Buy 2,100 2,180 2,330 2,400
WSKT 2,350 Trading Buy 2,180 2,250 2,420 2,500

*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 05 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,742.5 5,770.6 5,837.2
  • Dow Jones closed 62.1 point higher at all-time high 21,206.3 levels, backed by US economic data as unemployment rate down to 4.3% from 4.4% previously reported.
  • Regional bourses traded relatively mixed this morning after London attack yesterday.
  • IDX traded slightly higher last Friday and closed at strong diagonal resistance line.
  • We expect IDX to trade mixed with negative tendency today as investor realize profits.
ASII

Sell on Strength

S2 S1 Level R1 R2
8,500 8,775 9,000 9,150 9,450

ASII ended positively the session supported by a high enough volume but closed near its horizontal resistance that could limit the upswing.

CTRA

Trading Buy

S2 S1 Level R1 R2
1,050 1,115 1,160 1,230 1,300

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

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,200 5,325 5,475

JSMR ended the trading negatively with shooting star pattern after fail to break above its diagonal resistance and overbought RSI trend indicating a further downturn.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,185 1,250 1,330 1,370 1,430

RALS closed the session higher near in its diagonal resistance with declining volume that could limit the upside 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 05 June 2017

Dow Jones naik 62.1 poin ditutup pada level tertinggi baru pada 21,206.3 didukung data tenaga kerja di Amerika dimana tingkat pengangguran turun mencapai level 4.3%. Bursa kawasan regional diperdagangkan mixed pagi ini setelah serangan di pusat kota London kemarin. IHSG naik hari Jumat namun masih tertahan oleh diagonal resisten kuat. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini seiring langkah profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ASII 9,000 Sell on Strength 8,500 8,775 9,150 9,450
CTRA 1,160 Trading Buy 1,050 1,115 1,230 1,300
JSMR 5,200 Sell on Strength 5,000 5,150 5,325 5,475
RALS 1,330 Sell on Strength 1,185 1,250 1,370 1,430

*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,

Kiwoom Trader 28 April 2017

Dow Jones ditutup naik 6.2 poin pada level 20,981.3 ditengah keraguan pasar atas rencana reformasi pajak serta budget Pemerintah Amerika Serikat. Bursa kawasan regional diperdagangkan sedikit turun pagi ini. Candlestick IHSG kemarin membentuk pola bearish harami, mengindikasikan potensi penurunan hari ini. EIDO ditutup turun 0.38% pada level 26.5. Optimisme pasar atas kinerja keuangan 1Q 2017 diharapkan dapat menahan potensi pelemahan. Kami memperkirakan IHSG bergerak mixed cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,850 Sell on Strength 6,475 6,750 6,925 7,100
INDF 8,450 Sell on Strength 7,900 8,100 8,525 8,750
JSMR 4,660 Sell on Strength 4,280 4,460 4,790 4,960
LPCK 4,560 Trading Buy 4,180 4,380 4,770 4,920

*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 28 April 2017

S2 S1 IDX R1 R2
5,664.5 5,687.1   5,707.0 5,730 5,750
  • Dow Jones closed 6.2 points higher at 20,981.3 levels as investors doubt the effectiveness of Trump’s tax reform plans and concerns over US Government’s
    budget talks.
  • Regional bourses traded slightly negative this morning.
  • IDX/s candlestick formed bearish harami pattern, which indicates one-day key reversal. However downside risk expected to be supported by 1Q 2017 financial results which due today.
  • We expect IDX to trade sideways with negative tendency.
AKRA

Sell on Strength

S2 S1 Level R1 R2
6,475 6,750 6,850 6,925 7,100

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

INDF

Sell on Strength

S2 S1 Level R1 R2
7,900 8,100 8,450 8,525 8,750

INDF closed the session higher in its diagonal resistance with a high enough volume but with an open gap up an overbought RSI trend that could limit the upswing.

JSMR

Trading Buy

S2 S1 Level R1 R2
4,280 4,460 4,660 4,790 4,960

JSMR manged a rebound turn after on a downswing with a long white candle and supported by a high enough volume suggesting another favorable potential.

LPCK

Sell on Strength

S2 S1 Level R1 R2
4,180 4,380 4,560 4,770 4,920

LPCK ended the trading neg a t ively with a shooting star pattern also supported by a high volume indicating a further downturn.

* 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 28 April 2017

Dow Jones ditutup naik 6.2 poin pada level 20,981.3 ditengah keraguan pasar atas rencana reformasi pajak serta budget Pemerintah Amerika Serikat. Bursa kawasan regional diperdagangkan sedikit turun pagi ini. Candlestick IHSG kemarin membentuk pola bearish harami, mengindikasikan potensi penurunan hari ini. EIDO ditutup turun 0.38% pada level 26.5. Optimisme pasar atas kinerja keuangan 1Q 2017 diharapkan dapat menahan potensi pelemahan. Kami memperkirakan IHSG bergerak mixed cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,850 Sell on Strength 6,475 6,750 6,925 7,100
INDF 8,450 Sell on Strength 7,900 8,100 8,525 8,750
JSMR 45,800 Sell on Strength 4,280 4,460 4,790 4,960
LPCK 27,900 Trading Buy 4,180 4,380 4,770 4,920

*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,