Daily Research 19 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,901.9 5,929.2 5,967.1 6,000
  • Dow Jones closed 160.2 point higher at fresh new high 23,157.6 levels backed by IBM share and positive sentiments over US earnings season.
  • Regional market traded higher backed by positive sentiments from American and European markets.
  • IDX closed lower near strong diagonal support line, triggered by large net sell position from foreign investors.
  • Relatively high selling pressure may limit IDX’s technical rebound chance today thus we expect IDX to trade sideways today.
BBCA

Sell on strength

S2 S1 Level R1 R2
18,875 19,650 20,200 20,800 21,600

BBCA edged lower with a long black candle formation in addition, a brea horizontal support would create a further down sign

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,525 5,850 6,100 6,300 6,500

JSMR moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

MNCN

Trading buy

S2 S1 Level R1 R2
1,380 1,470 1,535 1,595 1,665

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

TLKM

Buy on weakness

S2 S1 Level R1 R2
4,000 4,140 4,300 4,400 4,520

TLKM closed the session lower with long black candle pattern near its diagonal support 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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Kiwoom Trader 19 October 2017


Pasar Eropa dan Amerika diperdagangkan cukup positif kemarin. Dow Jones naik 160.2 poin ditutup pada level tertinggi baru 23,157.6 didukung sentimen positif kinerja keuangan IBM dan perusahaan Amerika lainnya. Bursa regional diperdagangkan positif pagi ini didukung sentimen positif Dow. IHSG mengalami koreksi dipicu aksi jual investor asing yang cukup banyak kemarin. Posisi penutupan IHSG dekat garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian tingginya minat jual investor asing berpotensi membatasi peluang penguatan. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 20,200 Sell on Strength 18,875 19,650 20,800 21,600
JSMR 6,100 Sell on Strength 5,525 5,850 6,300 6,500
MNCN 1,535 Trading buy 1,380 1,470 1,595 1,665
TLKM 4,300 Buy on weakness 4,000 4,140 4,400 4,520

*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 12 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5   5,882.8 5,914.9 5,939.5
  • Dow Jones closed 42.2 point higher at fresh new high 22,872.9 levels backed by positive sentiments over 9M 2017 earnings. Market also cheered as there is certainty that Minutes of previous FOMC meeting assure market that
    The Fed will lift benchmark rate on December FOMC meeting.
  • Regional market traded sideways this morning due to lack of positive catalysts.
  • IDX traded lower near its strong diagonal support line as foreign investor sold TLKM shares yesterday.
  • In all we expect IDX to trade lower today as foreign investors keep selling Indonesian equities.
BBTN

Trading Buy

S2 S1 Level R1 R2
2,750 2,930 3,010 3,160 3,300

BBTN moved in the positive area with a bullish engulfing formation indicating a further upside potential.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,200 3,360 3,460 3,700 3,850

EXCL ended the trading negatively after break below long term diagonal support with high enough volume indicating a further downturn.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,700 5,925 6,075 6,250 6,500

JSMR still carried on the upside turn but only with a shooting star pattern and an open gap that could potentially push for a correction.

UNVR

Sell on Strength

S2 S1 Level R1 R2
46,725 48,100 48,875 50,000 51,425

UNVR closed the session lower below long term diagonal support with higher 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 12 October 2017


Pasar Eropa diperdagangkan mixed namun Dow Jones berhasil ditutup naik 42.2 poin ditutup pada level tertinggi baru 22,872.9 didukung sentimen positif atas kinerja keuangan 9M 2017 yang akan segera dirilis. Pasar juga menyambut baik kepastian penyesuaian bunga yang akan dilakukan The Fed dalam rapat bulan Desember setelah mendengarkan notulen rapat FOMC tadi malam. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG turun mendekati diagonal support kuat akibat tekanan jual investor asing atas saham TLKM kemarin. Kami memperkirakan IHSG bergerak cenderung menurun karena masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,010 Trading Buy 2,750 2,930 3,160 3,300
EXCL 3,460 Sell on Strength 3,200 3,360 3,700 3,850
JSMR 6,075 Sell on Strength 5,700 5,925 6,250 6,500
UNVR 48,875 Sell on Strength 46,725 48,100 50,000 51,425

*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 08 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,832.3 5,914.0 5,950
  • Dow closed 0.1% lower at 21,784.78 level however EIDO managed to close 0.53% higher at 26.79 level, thus may support IDX this morning.
  • Regional market traded mixed this morning.
  • IDX closed right on its diagonal resistance line yesterday although foreign investors recorded large amount of sell-offs on the equity market.
  • We expect IDX to trade mixed with negative tendency today.
ASII

Sell

S2 S1 Level R1 R2
7,250 7,525 7,650 7,850 8,000

ASII was still in the negative territory with the break on horizontal support in the middle of a high enough volume indicating a further downside potential.

BBNI

Sell on Strength

S2 S1 Level R1 R2
6,825 7,075 7,300 7,450 7,650

BBNI edged higher but with a position near its recent high possibly trimming a further upside potential.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,625 5,775 5,950 6,000 6,175

JSMR closed the session higher near its diagonal resistance area with a thin volume dan overbought RSI trend that could limit the upswing.

SMGR

Trading Buy

S2 S1 Level R1 R2
9,200 9,500 9,825 10,050 10,350

SMGR ended the trading positively with bullish engulfing pattern after on a weak trend in the last 3 days creating a technical rebound.

* 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 08 September 2017


 Bursa Eropa dan Dow Jones diperdagangkan mixed kemarin. Dow turun 0.1% ditutup pada level 21,784.78 namun EIDO naik 0.53% ditutup pada level 26.79 sehingga dapat menopang IHSG pagi ini. Bursa regional diperdagangkan mixed pagi ini. IHSG ditutup tepat pada garis diagonal resisten kuat kemarin dengan minat jual investor asing yang masih tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,650 Sell 7,250 7,525 7,850 8,000
BBNI 7,300 Sell on Strength 6,825 7,075 7,450 7,650
JSMR 5,950 Sell on Strength 5,625 5,775 6,000 6,175
SMGR 9,825 Trading Buy 9,200 9,500 10,050 10,350

*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 15 August 2017

S2 S1 IDX R1 R2
5,675.3 5,731.8   5,801.5 5,865.4 5,910.2
  • Dow Jones closed 0.62% higher at 21,993.71 as investors less concern about US – North Korea tensions. European market rebound yesterday.
  • Regional market traded positive today.
  • IDX’s candlestick formed bullish harami pattern which indicate another positive momentum today.
  • We expect IDX to trade positive today.
APLN

Trading Buy

S2 S1 Level R1 R2
206 216 240 254 268

APLN closed the session higher after break above its horizontal resistance with high volume indicating another upside potential.

JSMR

Speculative Buy

S2 S1 Level R1 R2
5,150 5,400 5,450 5,650 5,850

JSMR ended the trading negatively in diagonal support without volume that could dampen a further downside movement.

LPPF

Trading Buy

S2 S1 Level R1 R2
9,800 10,375 10,975 11,450 12,625

LPPF managed a rebound followed by an increasing volume indicating a further positive opportunity.

SMGR

Sell on Strength

S2 S1 Level R1 R2
10,200 10,675 10,975 11,225 11,750

SMGR closed the session higher with declining volume suggesting a limited 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.