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,

Daily Research 31 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,693.4 5,770.6 5,837.2
  • Dow Jones closed 0.24% lower at 21,029.5 levels as investor tend to wait and see ahead of Friday’s job reports.
  • Regional bourses traded flat this morning as investors wait and digest Chinese manufacturing data this morning.
  • IDX’s candlestick formed a bearish harami pattern which indicate further downside risk today.
  • We expect IDX to trade mixed with negative tendency today ahead of National holiday tomorrow.
INTP

Sell on Strength

S2 S1 Level R1 R2
17,800 18,325 18,775 19,000 19,500

INTP closed the session higher in diagonal resistance area without volume and overbought RSI trend that could limit the upswing.

MAPI

Sell on Strenth

S2 S1 Level R1 R2
5,225 5,625 5,900 6,150 6,525

MAPI moved higher with a long white candle pattern but with the presences of several resistance that could limit the upswing.

ROTI

Speculative Buy

S2 S1 Level R1 R2
1,420 1,470 1,500 1,555 1,600

ROTI ended trading negative in long term diagonal support without volume and near oversold RSI trend that could dampen a further downside movement.

WSKT

Buy on Weakness

S2 S1 Level R1 R2
2,230 2,290 2,330 2,390 2,470

WSKT ended the trading negatively but with the presences of horizontal support that could limit the downswing.

* 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 31 May 2017

Dow Jones turun 0.24% ditutup pada level 21,029.5 seiring sepinya berita penggerak pasar. Investor menunggu data tenaga kerja Amerika yang akan dipublikasikan hari Jumat. Bursa regional pagi ini bergerak cenderung mendatar seiring langkah investor menunggu publikasi data manufaktur China yang akan dipublikasikan pagi ini. Candlestick IHSG membentuk pola bearish harami mengindikasikan potensi pelemahan lanjutan hari ini. Kami memperkirakan IHSG kembali bergerak mixed dengan kecenderungan negatif hari ini menjelang libur peringatan Hari Lahir Pancasila besok.

Stock Closing Rec. S2 S1 R1 R2
INTP 18,775 Sell on Strength 17,800 18,325 19,000 19,500
MAPI 5,900 Sell on Strength 5,225 5,625 6,150 6,525
ROTI 1,500 Speculative Buy 1,420 1,470 1,555 1,600
WSKT 2,330 Buy on Weakness 2,230 2,290 2,330 2,480

*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 06 June 2016

Negative Market.

S2 S1 IDX R1 R2
4,796 4,833 4,853.9 4,875 4,900
  • Mixed global markets would affect the sentiment.
  • The IDX was in the positive side with resuming foreign buying interest last week in which expectedly could dampen the negative potential.
  • So, we predict that the IDX would still be in the positive side today. Continue reading

Kiwoom Trader 06 June 2016

Dow Jones industrial average melemah 31.5 poin, atau 0.18%, pada 17,807.06. Nasdaq Composite juga turun 28.85 poin, atau 0.58%, pada 4,942.52. Wall Street berada pada kisran negatif pada hari Jum’at setelah keluarnya data pekerjaan yang mengecewakan yang menekan sektor keuangan.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,575 Sell on strength 13,850 14,850 16,500 17,450
ADHI 2,600 Speculative buy 2,430 2,530 2,680 2,760
ADRO 815 Sell on strength 665 745 845 925
MAPI 4,000 Trading buy 3,575 3,780 4,190 4,430

*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.

Daily Research 16 February 2016

Negative Market.

S2 S1 IDX R1 R2
4,700 4,725 4,740.7 4,775 4,800
  • Still favorable global markets would send in the support.
  • The IDX moved in the positive side yesterday but with the presence of foreign selling interest that could slow down this gaining turn.
  • Therefore, we predict that the IDX would be in the positive side today. Continue reading