Daily Research 15 December 2017

S2 S1 IDX R1 R2
6,021.1 6,055.9 6,113.7 6,120.0 6,150.0
  • US and European stocks move lower after several US Republican senators expressed disagreement with the Tax Reform Bill.
  • Kospi opened higher this morning, while Nikkei 225 and All Ordinaries lower.
  • JCI managed to close at its new highs along with global market after Fed rate increase.
  • Watch out for profit taking today, support at 6,050 and resistance 6,170. Bank Indonesia yesterday kept RR Rate at 4.25%.
KLBF

Trading Buy

S2 S1 Level R1 R2
1,590 1,640 1,695 1,730 1,775

KLBF closed the session higher after break above its diagonal resistance with a high enough volume indicating another upside potential.

PTPP

Trading Buy

S2 S1 Level R1 R2
2,290 2,460 2,620 2,720 2,830

PTPP ended the trading positively with high enough volume indicating another upside potential.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,350 9,700 9,950 10,150 10,500

SMGR still moved up but with a close horizontal resistance that could limit gain.

ITMG

Buy on Weakness

S2 S1 Level R1 R2
19,450 20,250 20,775 22,200 23,000

ITMG ended the trading negatively near its diagonal support area with a thin volume 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 15 December 2017


Indeks saham AS dan Eropa bergerak lebih rendah setelah beberapa senator Partai Republik AS menyatakan ketidaksetujuannya dengan RUU Reformasi Pajak. Indeks Kospi dibuka lebih tinggi pagi ini, sementara Nikkei 225 dan All Ordinaries lebih rendah. IHSG berhasil ditutup pada level tertinggi barunya seiring dengan kenaikan bursa global pasca kenaikan suku bunga The Fed. Waspada aksi profit taking hari ini, support 6050, resistance 6170. Bank Indonesia kemarin mempertahankan suku bunga RR Rate 4.25%.

Stock Closing Rec. S2 S1 R1 R2
KLBF 1,695 Trading Buy 1,590 1,640 1,730 1,775
PTPP 2,620 Trading Buy 2,290 2,460 2,720 2,830
SMGR 9,950 Sell on Strength 9,350 9,700 10,150 10,500
WIKA 1,575 Trading Buy 1,400 1,505 1,680 1,800

*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 04 December 2017

S2 S1 IDX R1 R2
5,886.4 5,927.9 5,952.1 6,031.5 6,081.4
  • US and European stock indices ended lower on the weekend.
  • Former President Trump’s security adviser Michael Flynn will testify that he was once directed to establish relations with Russia.
  • Nikkei 225 index opened lower this morning, Kospi and All Ordinaries higher.
  • Although there is a chance of IDX rebound after a sharp decline, but be wary of negative global sentiment. Support 5,895 and resistance 6,015.
AALI

Sell on Strength

S2 S1 Level R1 R2
13,500 13,700 13,850 14,150 14,500

AALI closed below its recent low. AALI’s price pattern also showed a break to its short term diagonal support line which ends its short term uptrend channel. ASII may trade lower to test its support levels.

ASII

Sell on Strength

S2 S1 Level R1 R2
7,625 7,825 7,975 8,300 8,800

ASII was on the weak side followed by a long black candle indicating a still weak potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
74,000 75,700 76,525 79,800 81,300

GGRM ended the trading negatively after break below horizontal support with higher volume indicating a further downturn.

KLBF

Sell on Strength

S2 S1 Level R1 R2
860 925 1,025 1,045 1,095

KLBF moved lower during the last several days but with presences 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.

Daily Research 27 October 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 5,995.8 6,050 6,100
  • Dow Jones closed 0.3% higher at 23,400.9 levels backed by strong corporate earnings.
  • Regional market traded slightly stronger this morning but positive momentum clouded by tendency of rising global bond yield.
  • IDX gets technical correction after made new all-time high. With candlestick formed inverted hammer pattern IDX vulnerable to profit taking actions today.
  • We expect IDX to trade sideways with lower tendency today. 9M 2017 Corporate earnings expected to support any downside risks today.
CPIN

Sell on Strength

S2 S1 Level R1 R2
2,960 3,140 3,400 3,530 3,800

CPIN was on an upside turn with the presences of resistance that could limit the positive opportunity.

GGRM

Hold

S2 S1 Level R1 R2
60,150 62,000 64,675 65,600 67,825

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

KLBF

Sell

S2 S1 Level R1 R2
1,500 1,565 1,600 1,675 1,735

KLBF closed the session lower after break below horizontal support with high enough volume indicating a further downturn.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,400 1,500 1,585 1,625 1,700

MNCN closed the session higher after break above diagonal resistance with high enough 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 27 October 2017


Pasar Eropa dan Amerika mengalami teknikal rebound dipicu sentimen kinerja keuangan korporasi. Dow Jones naik 0.3% ditutup pada level 23,400.9 kemarin. Bursa regional diperdagangkan sedikit naik pagi ini ditengah kecenderungan kenaikan yield obligasi global. IHSG mengalami koreksi setelah membukukan level tertinggi baru. Dengan candlestick membentuk pola inverted hammer IHSG rawan terkena aksi profit taking menjelang akhir pekan. Kinerja perusahaan 9M 2017 yang akan segera diumumkan diharapkan dapat menopang IHSG hari ini. Kami memperkirakan IHSG bergerak mendatar dengan kecenderungan menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,400 Sell on Strength 2,960 3,140 3,530 3,800
GGRM 64,675 Hold 60,150 62,000 65,600 67,825
KLBF 1,600 Sell 1,500 1,565 1,675 1,735
MNCN 1,585 Trading Buy 1,400 1,500 1,625 1,700

*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 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,8093   5,863.0 5,914.0 5,950
  • Dow Jones closed 0.25% higher at 22,340.7 levels backed by positive sentiments on US Government tax reform package.
  • Regional market traded in positive territory this morning.
  • IDX’s candlestick formed hammer pattern which also closed at strong diagonal support line.
  • We expect IDX to trade positive today to anticipate potential technical rebound as well as end of September window dressing.
BRPT

Sell on Strength

S2 S1 Level R1 R2
1,820 2,000 2,120 2,210 2,300

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

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,625 1,680 1,740 1,750 1,800

KLBF was in the positive territory but with a position its diagonal resistance that could limit the upside opportunity.

MEDC

Speculative Buy

S2 S1 Level R1 R2
650 720 780 860 910

MEDC closed the session lower with high enough  volume near its diagonal support that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,200 9,500 9,625 10,125 10,350

SMGR ended the trading negatively after break below its 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 28 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed dengan Dow Jones naik 0.25% ditutup pada level 22,340.7 didukung antusiasme pasar atas rencana reformasi pajak yang diajukan Pemerintah Amerika. Bursa regional diperdagangkan cenderung positif pagi ini. Candlestick IHSG membentuk pola hammer kemarin ditutup tepat pada garis diagonal support kuat. Kami memperkirakan IHSG bergerak cenderung positif pagi ini ditengah potensi teknikal rebound menjelang window dressing akhir bulan September.

Stock Closing Rec. S2 S1 R1 R2
BRPT 2,120 Sell on Strength 1,820 2,000 2,210 2,300
KLBF 1,740 Sell on Strength 1,625 1,680 1,750 1,800
MEDC 780 Speculative Buy 650 720 860 910
SMGR 9,625 Sell on Strength 9,200 9,500 10,125 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,