Daily Research 18 Mei 2018

S2	S1	IDX	R1	R2
5,699.3	5,774.7	5,815.9	5,919.2	5,994.6

• Dow Jones closed 0.2% lower at 24,714 after US President doubt trade negotiation between US-China will be successful.
• Increase on US Treasury bond yield, which rise above 3.1% level, triggers global concern on rising interest rates although regional market traded slightly positive this morning.
• Increase on BI7DRR expected to support Rupiah while IDX’s candlestick formed dark cloud cover which indicate existence of selling pressure.
• In all we expect IDX to trade mixed today as rebound potentials capped by continuation of capital outflow.

BBCA	Sell on Strength
S2	S1	Level	R1	R2
21,080	21,750	22,000	22,450	22,975

BBCA ended the trading weaker with a bearish harami formation providing another downside sign.

DOID	Trading Buy
S2	S1	Level	R1	R2
785	840	930	975	1,050

DOID closed the session higher after break above resistance line with higher volume indicating another upside potential.

MAPI	Sell on Strength
S2	S1	Level	R1	R2
8,050	8,250	8,450	8,700	8,900

MAPI closed the session higher in diagonal resistance area with a thin volume that could limit the upswing.

WSKT	Buy on Weakness
S2	S1	Level	R1	R2
1,875	2,030	2,140	2,210	2,350

WSKT was on an upside turn with the presence of resistance that could limit the positive opportunity.

Kiwoom Trader 18 Mei 2018

Bursa Eropa ditutup positif namun Dow Jones turun 0.2% pada level 24,714 seiring pernyataan Presiden Trump yang meragukan perundingan dagang Amerika-China. Kenaikan tingkat imbal hasil obligasi Pemerintah Amerika naik diatas level 3.1% membayangi pergerakan bursa regional pagi hari ini kendati diperdagangkan sedikit positif. Candlestick IHSG membentuk pola dark cloud yang mengindikasikan potensi koreksi hari ini. Kenaikan BI7DRR diharapkan dapat menopang kurs Rupiah. Kami memperkirakan IHSG bergerak mixed hari ini karena potensi rebound masih dibayangi capital outflow.

Stock	Closing	Rec.	S2	S1	R1	R2
BBCA	22,000	Sell on Strength	21,080	21,750	22,450	22,975
DOID	930	Trading Buy	785	840	975	1,050
MAPI	8,450	Sell on Strength	8,050	8,250	8,700	8,900
WSKT	2,140	Sell on Strength	1,875	2,030	2,240	2,350

Kiwoom Trader 16 April 2018

Bursa Eropa ditutup sedikit menguat akhir pekan lalu. Dow Jones turun 0.5% pada level 24,360 dipicu koreksi saham sektor bank seiring keluarnya kinerja keuangan 1Q 2018. Bursa global dibayangi isu geopolitik pasca serangan rudal ke Syria yang dipimpin Inggris, Perancis, dan Amerika Serikat. Bursa regional diperdagangkan mendatar pagi ini. IHSG ditutup negatif hari Jumat untuk menguji level support kendati Indonesia mendapat kenaikan peringkat utang dari Moody’s. Kami memperkirakan IHSG bergerak mendatar hari ini dibayangi faktor eksternal.

Stock	Closing	Rec.	S2	S1	R1	R2
BBNI	8,825	Sell On Strength	8,200	8,575	8,975	9,350
INCO	3,230	Hold	3,020	3,150	3,330	3,480
MAPI	8,300	Sell On Strength	7,700	7,900	8,500	8,700
SIDO	745	Sell On Strength	657	690	760	780

 

Daily Research 16 April 2018

S2	S1	IDX	R1	R2
6,179.4	6,244.4	6,270.3	6,410.7	6,500.8

• Dow Jones closed 0.5% lower at 24,360 as bank
  shares dropped after published 1Q 2018 financial
  results. Geopolitical tensions increase as US, UK and
  France strike Syrian facilities.
• Regional market traded sideways this morning.
• IDX closed lower last Friday to test its support levels
  although Moody’s lift Indonesia credit rating.
• We expect IDX to trade sideways today as external
  factors weigh sentiments. y

BBNI	Sell On Strength
S2	S1	Level	R1	R2
8,200	8,575	8,825	8,979	9,350

BBNI closed the session higher in short term diagonal resistance and with a thin volume that could limit up swing.

INCO	Hold
S2	S1	Level	R1	R2
3,020	3,150	3,230	3,330	3,480

INCO closed the session higher above its short horizontal resistance with high enough volume indicating another upside potential.

MAPI	Sell on Strength
S2	S1	Level	R1	R2
7,700	7,900	8,300	8,500	8,700

MAPI closed the session higher in diagonal resistance area with a thin volume that could limit the upswing.

SIDO	Sell on Strength
S2	S1	Level	R1	R2
675	690	745	760	780

SIDO closed the session higher with a thin volume and overbought RSI trend suggesting a limited upside potential.

Kiwoom Trader 09 April 2018

Bursa Eropa dan Amerika diperdagangkan turun akhir pekan lalu seiring pernyataan Presiden Trump yang menginstruksikan US Trade Representative mengkaji tambahan pengenaan tariff senilai US$ 100 Miliar terhadap produk impor dari China. Dow Jones turun 2.3% pada level 23,933 dipicu penurunan saham Boeing dan Caterpillar yang berpotensi mengalami dampak terburuk perang dagang Amerika-China. Bursa regional diperdagangkan mendatar pagi ini. IHSG ditutup menurun hari Jumat mendekati level terendah sebelumnya 6,140. Penembusan ke bawah level tersebut berpotensi memicu koreksi lanjutan. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini seiring masih berlanjutnya aksi jual investor asing yang dibayangi kekuatiran perang dagang.

Stock	Closing	Rec.	S2	S1	R1	R2
BMTR	565	Trading Buy	515	535	580	600
KRAS	478	Trading Buy	396	434	505	535
MAPI	7,450	Sell on strength	7,000	7,275	7,800	8,075
TINS	1,040	Sell on strength	955	1,005	1,070	1,120

 

Daily Research 09 April 2018

S2	S1	IDX	R1	R2
5,952.1	6,054.6	6,175.1	6,292.3	6,386.2

• Dow Jones closed 2.3% lower at 23,933 as Boeing and Caterpillar shares dropped on concerns of negative impact of US-China trade war.
• Regional market traded flat this morning as investors digest US President instruction to US Trade Representative on extra US$ 100 Billion tariffs on Chinese imports.
• IDX closed lower last Friday near recent low 6,140. A break below that level may trigger another downside potentials.
• In all we expect IDX to trade mixed with negative tendency as investors tend to be defensive for a while due to global trade war.

BMTR	Trading Buy
S2	S1	Level	R1	R2
515	535	565	580	600

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

KRAS	Trading Buy
S2	S1	Level	R1	R2
396	434	478	505	535

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

MAPI	Sell on Strength
S2	S1	Level	R1	R2
7,000	7,275	7,450	7,800	8,075

MAPI took a deep downturn and a break diagonal support indicating a further downtrend.

TINS	Sell on Strength
S2	S1	Level	R1	R2
955	1,005	1,040	1,070	1,120

TINS closed the session higher near its resistance with a thin volume that could limit the upswing.

Daily Research 19 January 2018

S2	S1	IDX	R1	R2
6,279.5	6,371.2	6,472.7	6,520.0	6,575.0

• Dow Jones closed 97.8 points lower at 26,017.8  levels ahead of US Government budget proposal that need to be approved by Congress today. Deadlock would mean Government shutdown.
• Regional market traded flat this morning due to lack of positive catalysts.
• Energy prices remained at relatively high levels, expected to support IDX which vulnerable to profit taking action today.
• We expect IDX to trade mixed with negative tendency today.

AISA	Trading Buy
S2	S1	Level	R1	R2
378	530	615	720	875

AISA closed the trading higher with a long white candle  followed by a high enough volume signaling a further favorable opportunity.

LPCK	Trading Buy
S2	S1	Level	R1	R2
2,900	3,050	3,270	3,390	3,600

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

MAPI	Sell on Strength
S2	S1	Level	R1	R2
6,475	6,770	7,000	7,200	7,500

MAPI continued the upside movement but with the presences of its horizontal resistance and previous high in which could limit the upside movement.

RALS	Sell on Strength
S2	S1	Level	R1	R2
1,110	1,175	1,500	1,510	1,550

RALS closed the session higher with long white candle with higher 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 19 January 2018

Pasar Eropa bergerak mixed kemarin namun Dow Jones turun 97.8 poin pada level 26,017.8 seiring pembicaraan budget Pemerintah dengan Kongres hari ini yang berpotensi mengalami jalan buntu. Bursa regional bergerak mendatar pagi ini seiring sepinya sentimen penggerak pasar. Harga komoditas energi cenderung bertahan pada level yang relatif tinggi, dapat menopang sentimen IHSG yang rentan mengalami koreksi teknikal. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan menurun akhir pekan ini.

Stock	Closing	Rec.	S2	S1	R1	R2
AISA	615	Trading Buy	378	530	720	875
LPCK	3,270	Trading Buy	2,900	3,050	3,390	3,600
MAPI	7,000	Sell on Strength	6,475	6,770	7,200	7,500
RALS	1,500	Sell on Strength	1,110	1,175	1,510	1,550

*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 10 August 2017

S2	S1	IDX	R1	R2
5,749.3	5,780.6	5,824.0	5,865.4	5,910.2

• Dow Jones closed 36.6 point lower at 22,048.7 levels on rising geopolitical risks triggered by North Korea’s nuclear weapon capabilities. European bourses
  closed lower yesterday.
• Regional bourses traded slightly positive this morning after having technical correction yesterday.
• IDX closed higher on pre-close session yesterday and closed at its strong diagonal resistance line which may trigger price correction today.
• We expect IDX to trade on negative territory today.

MAPI	Sell on strength
S2	S1	Level	R1	R2
6,150	6,450	6,700	6,800	7,200

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

SCMA	Trading Buy
S2	S1	Level	R1	R2
2,170	2,300	2,390	2,470	2,600

SCMA was in the positive side with a full white candle with a high enough volume suggesting another upside opportunity.

TINS	Trading buy
S2	S1	Level	R1	R2
745	785	860	900	950

TINS closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

WIKA	Trading Buy
S2	S1	Level	R1	R2
1,900	1,950	2,070	2,170	2,240

WIKA ended the trading positively 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 10 August 2017

Dow Jones turun 36.6 poin ditutup pada level 22,048.7 ditengah kekuatiran dunia atas memanasnya risiko geopolitik global terkait kebijakan persenjataan nuklir Korea Utara. Bursa Eropa ditutup turun kemarin. Bursa kawasan regional diperdagangkan sedikit naik hari ini setelah mengalami penurunan kemarin. IHSG naik pada akhir sesi perdagangan kemarin ditutup pada garis diagonal resisten kuat. IHSG berpotensi mengalami koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock	Closing	Rec.	S2	S1	R1	R2
MAPI	6,700	Sell on Strength	6,150	6,450	6,800	7,200
SCMA	2,390	Trading Buy	2,170	2,300	2,470	2,600
TINS	860	Trading Buy	745	785	900	950
WIKA	2,070	Trading Buy	1,900	1,950	2,170	2,240

*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,