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,

Daily Research 13 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,644.1 5,662.7 5,700
  • Dow Jones closed 0.3% lower at 20,591.8 levels. Regional burses clouded by negative sentiments from Dow while Nikkei traded 1% lower this morning due to
    Yen appreciation.
  • IDX’s candlestick formed bullish harami yesterday, however it closed near recent high levels thus might trigger profit taking actions ahead of long weekend.
  • We expect IDX to trade negative today as investors tend to lock profits.
AISA

Sell on Strength

S2 S1 Level R1 R2
2,150 2,230 2,350 2,400 2,450

AISA closed the session higher after break above its horizontal resistance without volume and overbought RSI trend that could limit the upswing.

LPCK

Trading Buy

S2 S1 Level R1 R2
3,730 4,000 4,150 4,370 4,640

LPCK managed to move up in a thin range after taking weak turn lately in which could create an upside momentum.

PTPP

Sell on Strength

S2 S1 Level R1 R2
3,000 3,210 3,380 3,440 3,580

PTPP ended positively the session supported by a high enough volume but closed near its horizontal resistance that could limit the upswing.

WIKA

Trading Buy

S2 S1 Level R1 R2
2,150 2,190 2,360 2,400 2,450

WIKA closed the trading hi g h er with a strong volume after on a weak trend in the last 8 days creating a rebound momentum.

* 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 April 2017

Dow Jones turun 0.3% ditutup pada level 20,591.8 kemarin. Bursa Nikkei turun 1% pagi hari ini dipicu oleh sentimen apresiasi Yen. Bursa Australia turun 0.6% pagi ini mengikuti sentimen negatif Dow. Candlestick IHSG membentuk pola bullish harami kemarin, namun posisi penutupan dekat level tertinggi sebelumnya berpotensi memicu aksi profit taking. Kami memperkirakan IHSG bergerak cenderung negatif hari ini ditengah aksi profit taking investor menjelang libur panjang minggu ini.

 

Stock Closing Rec. S2 S1 R1 R2
AISA 2,350 Sell on Strength 2,150 2,230 2,400 2,450
LPCK 4,150 Trading Buy 3,730 4,000 4,370 4,640
PTPP 3,380 Sell on Strength 3,000 3,210 3,440 3,580
WIKA 2,360 Trading Buy 2,150 2,190 2,400 2,450

*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,