Daily Research 28 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,8093   5,863.0 5,914.0 5,950
  • Dow Jones closed 0.25% higher at 22,340.7 levels backed by positive sentiments on US Government tax reform package.
  • Regional market traded in positive territory this morning.
  • IDX’s candlestick formed hammer pattern which also closed at strong diagonal support line.
  • We expect IDX to trade positive today to anticipate potential technical rebound as well as end of September window dressing.
BRPT

Sell on Strength

S2 S1 Level R1 R2
1,820 2,000 2,120 2,210 2,300

BRPT was stil in the negative territory with the break on support in the middle of a high enough volume indicating a further downside potential.

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,625 1,680 1,740 1,750 1,800

KLBF was in the positive territory but with a position its diagonal resistance that could limit the upside opportunity.

MEDC

Speculative Buy

S2 S1 Level R1 R2
650 720 780 860 910

MEDC closed the session lower with high enough  volume near its diagonal support that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,200 9,500 9,625 10,125 10,350

SMGR ended the trading negatively after break below its diagonal support with higher 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.

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Kiwoom Trader 28 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed dengan Dow Jones naik 0.25% ditutup pada level 22,340.7 didukung antusiasme pasar atas rencana reformasi pajak yang diajukan Pemerintah Amerika. Bursa regional diperdagangkan cenderung positif pagi ini. Candlestick IHSG membentuk pola hammer kemarin ditutup tepat pada garis diagonal support kuat. Kami memperkirakan IHSG bergerak cenderung positif pagi ini ditengah potensi teknikal rebound menjelang window dressing akhir bulan September.

Stock Closing Rec. S2 S1 R1 R2
BRPT 2,120 Sell on Strength 1,820 2,000 2,210 2,300
KLBF 1,740 Sell on Strength 1,625 1,680 1,750 1,800
MEDC 780 Speculative Buy 650 720 860 910
SMGR 9,625 Sell on Strength 9,200 9,500 10,125 10,350

*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 26 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,894.6 5,950.0 6,000
  • Dow Jones closed 0.24% lower at 22,296.1 dragged by tech sectors. North Korea threat on US President statement raising geopolitical tensions.
  • EIDO closed 1.08% lower at 26.66 may limit positive momentum for IDX at today’s open.
  • IDX closed lower after traded near all-time high level at 5,915 and may test its support levels.
  • We expect IDX to trade in negative territory today as foreign investors still booked net sell positions on equities.
ADRO

Buy on Weakness

S2 S1 Level R1 R2
1,640 1,700 1,755 1,840 1,890

ADRO closed the session lower near horizontal support with a thin volume that could dampen a further downside movement.

ANTM

Sell on Strength

S2 S1 Level R1 R2
610 640 650 685 715

ANTM ended the trading negatively with a long black candle and break below its diagonal support with a high enough volume indicating a further downturn.

MEDC

Sell on Strength

S2 S1 Level R1 R2
740 810 880 920 1,000

MEDC ended the trading weaker with a bearish  engulfing formation providing another downside sign.

UNVR

Buy on Weakness

S2 S1 Level R1 R2
46,725 48,325 49,700 51,200 52,500

UNVR still carried the weak turn but with a close horizontal support in which could expectedly slow down 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 26 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed dengan sedikit penurunan. Dow Jones turun 0.24% ditutup pada level 22,296.1 dipicu penurunan saham sektor IT. Ancaman Korea Utara atas pernyataan Presiden Amerika turut membayangi pergerakan pasar global. EIDO turun 1.08% ditutup pada level 26.66 berpotensi membayangi pergerakan pasar pada sesi pagi hari ini. IHSG turun setelah mendekati level tertinggi 5,915 dan berpotensi menguji level-level support nya. Kami memperkirakan IHSG bergerak cenderung menurun hari ini dibayangi aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,755 Buy on Weakness 1,640 1,700 1,840 1,890
ANTM 650 Sell on Strength 610 640 685 715
MEDC 880 Sell on Strength 740 810 920 1,000
UNVR 49,700 Buy on Weakness 46,725 48,325 51,200 52,500

*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 20 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,901.3 5,914.0 5,950
  • Dow Jones closed 0.2% higher at fresh new high at 22,370.8 level.
  • Regional market traded slightly negative this morning. EIDO closed 1% higher at 27.08 may send some positive boost for IDX on the morning session.
  • IDX closed higher near 5,915 all-time high backed by large cap stocks despite the fact that foreign investors keep booked net sell positions at the IDX.
  • We expect IDX to trade mixed with positive tendency today as the market anticipate the Fed not making adjustment on interest rate during this FOMC meeting.
BMTR

Sell on Strength

S2 S1 Level R1 R2
450 498 545 555 600

BMTR moved up quite significantly supported by a high enough volume. But so, its recent high would have the chance to limit the gaining turn.

MEDC

Trading Buy

S2 S1 Level R1 R2
650 740 845 860 910

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

RALS

Trading Buy

S2 S1 Level R1 R2
825 895 980 1,045 1,110

RALS ended the trading positively after break above its diagonal resistance with high enough volume indicating another upside potential.

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,050 2,240 2,330 2,410 2,580

SCMA was on an upside turn with the presences of resistance that could limit the positive opportunity.

* 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 20 September 2017



Bursa Eropa dan Amerika ditutup positif seiring dimulainya rapat FOMC 19-20 September. Dow Jones naik 0.2% ditutup pada level tertinggi baru 22,370.8. EIDO naik 1% ditutup pada level 27.08 diharapkan dapat menopang IHSG di awal perdagangan hari ini. Bursa regional diperdagangkan sedikit turun pagi ini. IHSG naik mendekati level tertinggi 5,915 didukung saham-saham berkapitalisasi pasar tinggi walaupin investor asing masih membukukan posisi jual bersih. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini menjelang libur besok serta antisipasi the Fed yang tidak mengubah kebijakan suku bunga dalam rapat FOMC kali ini.

Stock Closing Rec. S2 S1 R1 R2
BMTR 545 Sell on Strength 450 498 555 600
MEDC 845 Trading Buy 650 740 860 910
RALS 980 Trading Buy 825 895 1,045 1,110
SCMA 2,330 Sell on Strength 2,050 2,240 2,410 2,580

*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 07 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,824.1 5,914.0 5,950
  • Dow Jones closed 0.25% higher at 21,807.64 levels backed by positive sentiments that US debt ceiling may get 3 months extension.
  • Regional market gets technical rebound on easing concerns regarding North Korean issues.
  • IDX still close above short term diagonal support however positive momentum is limited due to massive sell-offs by foreign investors.
  • We expect IDX to trade mixed with positive tendency today.
CTRA

Buy on Weakness

S2 S1 Level R1 R2
1,025 1,090 1,125 1,165 1,220

CTRA still carried on the weak turn but with a close near its recent low in which could expectedly slow down the downswing.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,510 3,730 3,850 3,900 4,205

EXCL managed an upside turn but with a close near its strong horizontal resistance that could limit the upside opportunity.

MEDC

Sell on Strength

S2 S1 Level R1 R2
2,700 2,940 3,400 3,590 3,800

MEDC closed the session higher in horizontal resistance area with a thin volume and overbought RSI trend that could limit the upside turn.

PPRO

Trading Buy

S2 S1 Level R1 R2
175 190 218 232 246

PPRO ended the trading positively after break above its diagonal resistance 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.