Daily Research 5 Juni 2018

S2 S1 IDX R1 R2
5,833.6 5,907.9 6,014.8 6,138.1 6,240.6
  • Dow Jones gained 0.7% at 24,813.7 back by tech sector as Nasdaq closed near all-time high.
  • Regional market traded mixed this morning due to rising concerns of US-China trade policy ahead of G-7 meeting this weekend.
  • IDX’s candlestick formed bullish harami pattern which potential for a technical rebound.
  • However we think IDX to trade mixed today ahead of long Lebaran holiday which shadowed by global trade issues and rising global interest rates as investors tend to avoid risky assets.
BMRI

Sell on Strength

S2 S1 Level R1 R2
7,025 7,225 7,375 7,425 7,675

BMRI closed the session higher near its resistance with a thin volume that could limit the upswing.

ELSA

Buy on Weakness

S2 S1 Level R1 R2
356 384 392 434 458

ELSA ended the trading negatively after break recent low with a thin volume and a presence of its several support levels that could dampen a further downside movement.

EXCL

Sell on Strength

S2 S1 Level R1 R
1,945 2,160 2,370 2,520 2,730

EXCL moved higher with a long white candle pattern with the diagonal resistance that could limit the upswing.

JSMR

Trading Buy

S2 S1 Level R1 R2
4,100 4,370 4,630 4,740 5,050

JSMR closed the session higher and break above recent high with higher volume indicating another upside potential.

Advertisements

Kiwoom Trader 5 Juni 2018

Bursa Eropa dan Amerika ditutup naik seiring pembicaraan kebijakan perdagangan Amerika-China. Dow Jones naik 0.7% ditutup pada level 24,813.7 didukung saham sektor teknologi. Nasdaq mendekati rekor tertinggi sebelumnya didukung saham Apple, Amazon, dan Microsoft. Bursa regional diperdagangkan mendatar pagi ini seiring mulai meningkatnya kekuatiran kebijakan perdagangan Amerika-China menjelang pertemuan G-7 akhir pekan ini. Pola candlestick IHSG membentuk pola bullish harami sehingga berpotensi mengalami teknikal rebound. Namun demikian kami memperkirakan IHSG bergerak mixed menjelang libur Lebaran yang diliputi kekuatiran perang dagang global serta potensi kenaikan tingkat bunga global seiring kecenderungan investor mengurangi portfolio saham.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,375 Sell on Strength 7,025 7,225 7,425 7,675
ELSA 392 Buy on Weakness 356 384 434 458
EXCL 2,370 Sell on Strength 1,945 2,160 2,520 2,730
JSMR 4,630 Trading Buy 4,100 4,370 4,740 5,050

Kiwoom Trader 27 February 2018


Bursa Eropa dan Amerika bergerak positif dengan Dow Jones naik 1.6% pada level 25,709 didukung saham 3M dan Boeing. Penutupan Dow Jones hanya 3% dibawah level tertinggi sebelumnya. Bursa regional bergerak positif pagi ini mengikuti sentimen positif pergerakan bursa Eropa dan Amerika. IHSG turun dipicu penurunan saham berkapitalisasi pasar besar pada sektor keuangan dan konsumer. Kami memperkirakan IHSG mengalami teknikal rebound hari ini didukung sentimen positif bursa regional.

Stock Closing Rec. S2 S1 R1 R2
BMRI 8,300 Buy on Weakness 7,850 8,125 8,600 9,050
ESSA 338 Trading Buy 250 272 360 400
JSMR 5,275 Hold 5,000 5,200 5,600 5,775
PTBA 3,240 Sell on Strength 3,020 3,130 3,400 3,500

*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 27 February 2018

S2 S1 IDX R1 R2
6,429.7 6,505.5 6,554.7 6,635.3 6,689.5
  • Dow Jones closed 1.6% higher at 25,709 backed by 3M and Boeing shares. Dow Jones only closed 3% below its all-time high levels before getting sharp correction this month.
  • Regional market opened positive this morning backed by strong European and US trading sessions.
  • IDX closed down led by large cap stocks on banking and consumer sector.
  • In all we expect IDX to get technical rebound today backed by positive sentiments from regional market.
BMRI

TBuy on Weakness

S2 S1 Level R1 R2
7,850 8,125 8,300 8,600 9,050

BMRI moved lower with a close near its recent low. A further downside turn would remain possible if its recent low its break down.

ESAA

Trading Buy

S2 S1 Level R1 R2
250 272 338 360 400

ESSA closed the session higher with long white candle pattern followed by higher volume after on a weak trend in the last 6 days creating a technical rebound.

JSMR

Hold

S2 S1 Level R1 R2
5,000 5,200 5,275 5,600 5,775

JSMR ended the trading negatively in short term diagonal support area. A further downside would remain possible if JSMR break its diagonal support line may trigger price correction.

PTBA

Sell on Strength

S2 S1 Level R1 R2
3,020 3,130 3,240 3,400 3,500

PTBA was in the negative side followed by a long black candle indicating a further downside potential

Daily Research 26 January 2018

S2 S1 IDX R1 R2
6,444.5 6,538.0 6,615.3 6,650.0 6,700.0
  • Dow Jones closed 140.7 point higher backed by strong Caterpillar and 3M FY2017 earnings.
  • US Dollar index traded around 89 levels, support energy prices while Rupiah traded around Rp 13,287 per US$ this morning.
  • IDX’s candlestick formed hammer pattern near recent high which make it vulnerable to profit taking actions.
  • We expect IDX to trade mixed with negative tendency today as investors tend to lock profits.
ANTM

Sell on Strength

S2 S1 Level R1 R2
775 810 845 875 925

ANTM managed an upside turn but with a close near its horizontal resistance that could limit the upside opportunity.

BRPT

Trading Buy

S2 S1 Level R1 R2
2,050 2,200 2,310 2,440 2,500

BRPT closed the session higher with bullish engulfing pattern after break above its horizontal resistance with high enough volume indicating another upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
3,230 3,430 3,660 3,750 3,900

INCO closed the session higher with high enough volume but with an open gap up and overbought RSI trend that could limit the upswing.

JSMR

Buy on Weakness

S2 S1 Level R1 R2
5,450 5,625 5,700 6,150 6,300

JSMR ended the trading negatively with a long black candle pattern and high enough volume but a presence of its several support levels 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.

Kiwoom Trader 26 January 2018


Bursa Eropa bergerak cenderung menurun namun Dow jones berhasil naik 140.7 poin didukung kinerja keuangan Caterpillar dan 3M. US Dollar index diperdagangkan pada kisaran 89, menopang harga komoditas energi. Kurs Rupiah diperdagangkan pada level Rp 13,287 per US$ pagi ini. Candlestick IHSG membentuk pola hammer dekat dengan level tertinggi sebelumnya, rentan mengalami koreksi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini dibayangi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
ANTM 845 Sell on Strength 775 810 875 925
BRPT 2,310 Trading Buy 2,050 2,200 2,440 2,500
INCO 3,660 Sell on Strength 3,230 3,430 3,750 3,900
JSMR 5,700 Buy on Weakness 5,450 5,625 6,150 6,300

*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 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,035.5 6,053.0 6,098.8
  • US stocks ended mix tends to flat. Investors are still waiting for the final decision of the US Congress on the Tax Reform Bill, as well as the delayed budget discussion.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • Yesterday JCI closed slightly above its MA20 resistance. Today’s movement will still in mix direction with tendency to be positive. Support 5,975 and resistance 6,095.
JSMR

Sell on Strength

S2 S1 Level R1 R2
5,750 6,050 6,275 6,475 6,725

JSMR still carried on the weak turn with a high volume suggesting another negative potential.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,200 1,290 1,345 1,410 1,485

MNCN moved positively wit an increasing trading volume suggesting another favorable potential.

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,140 2,240 2,450 2,510 2,630

SCMA closed the session higher in horizontal resistance with a thin volume and overbought RSI trend that could limit the upside turn.

SMBR

Trading Buy

S2 S1 Level R1 R2
1,900 2,140 2,490 2,630 2,820

SMBR closed the trading higher with a high enough volume 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.