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.

Advertisements

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.