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.

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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 03 May 2017

S2 S1 IDX R1 R2
5,606.7 5,653.4   5,675.8 5,726.5 5,750
  • Dow Jones closed 36 point lower at 20,949.9 supported by 1Q 2017 financial results.
  • Japanese market started a long holiday until weekend.
  • IDX traded lower yesterday although foreign investors booked IDR 838.4 Billion net buy position.
  • We expect IDX to trade mixed with negative tendency today.
GJTL

Buy on weakness

S2 S1 Level R1 R2
955 1,000 1,015 1,060 1,115

GJTL moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

GGRM

Sell on strength

S2 S1 Level R1 R2
62,850 64,900 67,150 68,000 70,300

GGRM was still in positive side but with a close near its horizontal resistance that could limit the upside movement.

LPCK

Buy on weakness

S2 S1 Level R1 R2
4,070 4,250 4,390 4,600 5,000

LPCK moved lower with a closer near its recent low. A further downside turn would remain possible if its recent low is broken down.

UNVR

Sell on strength

S2 S1 Level R1 R2
43,650 44,500 45,300 45,800 47,000

UNVR was in the positive s i d e but with a closer 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.

Kiwoom Trader 03 May 2017

Dow Jones naik 36 poin ditutup pada level 20,949.9 didukung laporan kinerja perusahaan 1Q 2017. Bursa Jepang mulai memasuki libur panjang hingga akhir pekan. Penurunan harga minyak dunia yang dipicu kenaikan pasokan minyak dari Amerika, Kanada, dan Libya berpotensi memberi sentimen negatif pada perdagangan IHSG hari ini. IHSG kembali membukukan penurunan namun posisi beli investor asing masih cukup tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
GJTL 1,015 Buy on weakness 955 1,000 1,060 1,115
GGRM 67,150 Sell on Strength 62,850 64,900 68,000 70,300
LPCK 4,390 Buy on weakness 4,070 4,250 4,600 5,000
UNVR 45,300 Sell on Strength 43,650 44,500 45,800 47,000

*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,