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.

Advertisements

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,

Daily Research 07 August 2017

S2 S1 IDX R1 R2
5,713.3 5,749.4   5,777.5 5,824.2 5,865.4
  • Dow Jones closed 66.7 point higher at fresh new high 22,092.8 levels backed by stronger than expected employment figures. European bourses traded higher at the end of last week
  • Regional bourses traded positive this morning.
  • IDX traded down near recent low at 5,765 levels with candlestick formed an inverted hammer pattern as foreign investors continue booked net sell at the IDX. A break below recent low may trigger further correction.
  • In all we expect IDX to trade sideways as investors digest 2Q 2017 GDP data to be released today.
ANTM

Buy on Weakness

S2 S1 Level R1 R2
550 610 660 700 760

ANTM was in the negative side but with a close near its horizontal support that could limit the downturn movement.

JSMR

Speculative Buy

S2 S1 Level R1 R2
308 322 350 368 386

ASRI still continue higher with high volume after break its diagonal resistance indicating another upside potential.

LPCK

Trading Buy

S2 S1 Level R1 R2
4,000 4,290 4,660 4,980 5,400

LPCK closed higher that session higher above its horizontal resistance followed indicating another upside potential.

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,685 1,720 1,775 1,795 1,830

KLBF closed the session higher near recent high with high enough volume but overbought RSI trend that could limit the upswing.

* 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 07 August 2017

Dow Jones ditutup naik 66.7 poin pada level tertinggi baru 22,092.8 akhir pekan lalu didukung data tenaga kerja yang lebih baik dari perkiraan awal. Bursa Eropa ditutup naik akhir pekan lalu. Bursa regional diperdagangkan positif pagi ini. IHSG turun mendekati level terendah sebelumnya pada 5,765 dengan candlestick membentuk pola inverted hammer. Penembusan ke bawah level tersebut berpotensi memicu koreksi ditengah berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mendatar seiring langkah investor mencerna data 2Q 2017 GDP yang di release BPS hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 660 Buy on Weakness 550 610 700 760
JSMR 5,475 Speculative Buy 5,150 5,300 5,650 5,850
KLBF 1,775 Sell on Strength 1,685 1,720 1,795 1,830
LPCK 4,660 Trading Buy 4,000 4,290 4,980 5,400

*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 13 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,691.4 5,770.6 5,837.2
  • Dow Jones closed 36.3 point lower at 21,235.67 levels.
  • Regional bourses traded mixed this morning ahead of FOMC meeting on 13-14 June as we expect the Fed to lift Fed Fund Rate by 25 basis points on the meeting.
  • IDX rebound yesterday with candlestick formed piercing pattern which indicates another upside potential today.
  • We expect IDX to trade mixed with positive tendency today as investors tend to wait and see ahead of the scheduled 13-14 June FOMC meeting and BI’s Board of
    Governor meeting on 14-15 June.
GGRM

Sell on Strength

S2 S1 Level R1 R2
72,750 74,400 77,750 78,500 80,000

GGRM closed the session all time high with a thin volume and overbought RSI trend that could limit the upswing.

GJTL

Buy on Weakness

S2 S1 Level R1 R2
1,020 1,100 1,120 1,195 1,295

GJTL continued the weak turn but with the presences of several supports that could slow down the current downswing.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,490 1,520 1,535 1,585 1,620

KLBF ended the trading negatively with bearish engulfing pattern without volume and a presence of its support levels that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
8,975 9,400 9,650 9,825 10,150

SMGR edged higher but with a position near its rather strong horizontal resistance possibly trimming a further 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 13 June 2017

Dow Jones turun 36.3 poin ditutup pada level 21,235.67. EIDO naik 0.64% ditutup pada level 26.83 hari Senin. Bursa regional diperdagangkan mixed hari ini menjelang rapat FOMC 13-14 Juni. Kami memperkirakan the Fed menaikkan tingkat bunga acuan (Fed Fund Rate) sebesar 25 basis poin dalam rapat FOMC minggu ini. IHSG sedikit rebound kemarin dengan candlestick membentuk pola piercing yang mengindikasikan potensi berlanjutnya rebound hari ini. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini ditengah aksi wait and see investor menjelang rapat FOMC 13-14 Juni dan RDG pada 14-15 Juni.

Stock Closing Rec. S2 S1 R1 R2
GGRM 77,750 Sell on Strength 72,750 74,400 78,500 80,000
GJTL 1,120 Buy on Weakness 1,020 1,100 1,195 1,295
KLBF 1,535 Buy on Weakness 1,490 1,520 1,585 1,620
SMGR 9,650 Sell on Strength 8,975 9,400 9,825 10,150

*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 29 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,716.8 5,770.6 5,837.2
  • Dow Jones closed 2.7 point lower at 21,080.3 levels last Friday ahead of long holiday as the US market closed for Memorial Day today.
  • Regional bourses traded sideways this morning after north Korea test ballistic missile.
  • IDX closed at its short term diagonal support line. A break below that line, or below 5,703 levels, may trigger further market correction.
  • We expect IDX to trade mixed with negative tendency today.
BJBR

Trading Buy

S2 S1 Level R1 R2
1,745 1,890 2,240 2,330 2,510

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

ITMG

Trading Buy

S2 S1 Level R1 R2
14,325 15,150 16,000 16,800 17,950

ITMG moved rather positively supported by a high enough volume that could create the opportunity to break its resistance.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,385 1,450 1,505 1,565 1,630

SILO ended the trading negatively near its long term diagonal support without volume that could dampen further downside movement.

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,840 3,040 3,200 3,260 3,440

PTPP ended the trading higher but with a close near its diagonal resistance that could limit upswing.

* 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.