Daily Research 22 Mei 2018

S2 S1 IDX R1 R2
5,597.7 5,674.0 5,733.9 5,835.0 5,919.2
  • Dow Jones gained 1.2% at 25,013 after US Treasury Secretary said that trade war was “on hold” following an agreement with China to suspend tariff threats.
  • Regional market traded mixed with lower tendency this morning.
  • IDX traded down below recent low as foreign seller continues.
  • We expect IDX to trade mixed with lower tendency as investor concerns on currency depreciation and rising Indonesia treasury yields.
AALI

Sell on Strength

S2 S1 Level R1 R2
11,900 12,500 13,025 13,325 13,975

AALI edged higher but with a position its rather strong horizontal resistance possibly trimming a further upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
3,430 3,610 3,810 3,860 4,000

INCO still continue trading higher but closed near horizontal resistance and overbought RSI trend that could limit the upswing.

LSIP

Hold

S2 S1 Level R1 R2
1,095 1,150 1,225 1,260 1,310

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

Sell on Strength

S2 S1 Level R1 R2
1,800 1,875 1,935 2,010 2,110

PGAS was in the negative territory with a dark cloud cover pattern near its horizontal support. A break on this support would once again create a downside potential.

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Kiwoom Trader 22 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones berhasil naik 1.2% pada level 25,013 setelah Menteri Keuangan Amerika mengungkapkan kesepakatan dengan Pemerintah China untuk menghentikan sementara saling menggertak terkait kebijakan perdagangan antara kedua negara. Bursa regional diperdagangkan mixed cenderung menurun pagi ini. IHSG turun dibawah level terendah sebelumnya pada awal Mei seiring berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif dibayangi depresiasi Rupiah serta kecenderungan kenaikan yield obligasi Pemerintah Indonesia.

Stock Closing Rec. S2 S1 R1 R2
AALI 13,025 Sell on Strength 11,900 12,500 13,325 13,975
INCO 3,810 Sell on Strength 3,430 3,610 3,860 4,000
LSIP 1,225 Hold 1,095 1,150 1,260 1,310
PGAS 1,935 Sell on Strength 1,800 1,875 2,010 2,110

Kiwoom Trader 02 March 2018


Bursa Eropa dan Amerika ditutup negatif dengan Dow Jones turun 1.7% pada level 24,609 setelah Presiden Amerika mengumumkan kebijakan tarif baru dengan tarif impor baja dan aluminium baru yang akan diumumkan minggu depan. Investor global membutuhkan waktu mencerna kebijakan tarif Amerika yang baru. Bursa regional diperdagangkan menurun dengan Nikkei 224 turun 2.2% pagi ini. Candlestick IHSG membentuk pola inverted hammer kemarin. Diperdagangkan dekat dengan garis diagonal support jangka pendek, IHSG rentan mengalami koreksi teknikal. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,025 Trading Buy 14,000 14,250 15,275 15,500
BKSL 228 Trading Buy 200 210 240 255
LSIP 1,485 Trading Buy 1,340 1,375 1,525 1,560
PGAS 35,600 Sell on Strength 2,360 2,530 2,720 2,860

 

Daily Research 02 March 2018

S2 S1 IDX R1 R2
6,482.1 6,545.0 6,606.1 6,689.3 6,750.0
  • Dow Jones closed 1.7% lower at 24,609 after US President announce new tariff policies with steel and aluminum import new tariff scheduled to be announced next week.
  • Regional market traded negative with Nikkei 225 lead with 2.2% decline this morning. Global investor need time to digest and assess US new tariff scheme (protectionism).
  • IDX’s candlestick formed inverted hammer yesterday near short term diagonal support line, vulnerable to technical correction
  • We expect IDX trade lower today
AALI

Trading Buy

S2 S1 Level R1 R2
14,000 14,250 15,025 15,275 15,500

AALI closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

BKSL

Trading Buy

S2 S1 Level R1 R2
200 210 228 240 255

BKSL closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,340 1,375 1,485 1,525 1,560

LSIP closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,360 2,530 2,610 2,720 2,86

PGAS closed the session lower with a dark cloud cover formation suggesting a further downturn.

Daily Research 13 February 2018

S2 S1 IDX R1 R2
6,277.2 6,375.0 6,523.5 6,589.7 6,666.8
  • Dow Jones closed 1.7% higher at 24,601.3 while EIDO climbed 1.1% at 28.88.
  • Regional market on a technical rebound this morning.
  • IDX may continue its technical rebound although positive momentum capped by net sell positions from foreign investors while IDR still traded around IDR 13,650 per US$ this morning.
  • We expect IDX to trade mixed with positive tendency today.
BMTR

Trading Buy

S2 S1 Level R1 R2
580 600 660 690 720

BMTR closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

HRUM

Sell on Strength

S2 S1 Level R1 R2
2,080 3,010 3,140 3,250 3,410

HRUM ended the trading positively near its recent high with a low volume that could trim a further upside movement.

LSIP

Speculative Buy

S2 S1 Level R1 R2
1,235 1,290 1,340 1,380 1,460

LSIP managed a rebound followed by a bullish engulfing pattern suggesting another favorable potential.

SRIL

Trading Buy

S2 S1 Level R1 R2
1,025 1,095 1,120 1,240 1,315

SRIL closed the session higher with long white candle pattern after on a weak trend in the last six days creating a technical rebound.

Daily Research 02 January 2018

S2 S1 IDX R1 R2
6,221.0 6,277.2 6,355.0 6,400.0 6,450.0
  • European and US market traded mixed with lower tendency¬† last Friday as investors realized profits made last year.
  • Regional market traded mixed this morning, the first trading day this year.
  • Crude oil price stay above US$ 60 per barrel while coal also stay above US$ 100 per ton level.
  • IDX closed on its fresh new high 6,355 levels at the end of 2017 supported by foreign investor selective buy on Indonesian equities within the past 1-2 weeks. However overbought momentum indicates that IDX’s positive momentum may be limited as it vulnerable to profit taking.
  • In all we expect IDX to trade mixed.
ASII

Trading Buy

S2 S1 Level R1 R2
7,975 8,150 8,300 8,550 8,750

ASII closed the session higher with long white candle pattern and followed by higher volume indicating another upside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,290 3,450 3,570 3,800 4,000

BBTN closed the session all time high with a thin volume that could limit the upswing.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,235 1,270 1,420 1,440 1,475

LSIP closed the session higher with long white candle pattern and break above strong horizontal resistance with high enough volume indicating another upside potential.

UNVR

Sell on strength

S2 S1 Level R1 R2
53,000 53,500 55,900 56,500 57,000

UNVR ended the trading all time high with a thin  volume and 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 02 January 2018


Bursa Eropa dan Amerika bergerak mixed cenderung menurun hari Jumat lalu seiring aksi profit taking investor atas kinerja investasi FY 2017 yang cukup baik. Harga minyak dunia bertahan di atas level US$ 60 per barrel dengan harga batubara juga bertahan di atas level US$ 100 per ton. Bursa regional diperdagangkan mixed pagi ini, hari pertama perdagangan tahun 2018.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,300 Trading Buy 7,975 8,150 8,550 8,750
BBTN 3,570 Sell on Strength 3,290 3,450 3,800 4,000
LSIP 1,420 Trading Buy 1,235 1,270 1,440 1,475
UNVR 55,900 Sell on Strength 53,000 53,500 56,500 57,000

*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,