Daily Research 11 August 2017

S2 S1 IDX R1 R2
5,749.3 5,780.6   5,825.9 5,865.4 5,910.2
  • Dow Jones closed 204.69 point lower at 21,844 levels on rising geopolitical risks on North Korea. Most European bourses closed lower yesterday.
  • Regional bourses opened lower this morning.
  • IDX’s candlestick formed doji pattern and closed on strong diagonal resistance line.
  • We expect IDX to trade negative today.
ASRI

Sell on strength

S2 S1 Level R1 R2
336 347 356 368 380

ASRI ended the trading in the weak side with a formation dark cloud cover suggesting a further downturn.

BJBR

Sell on Strength

S2 S1 Level R1 R2
2,400 2,610 2,840 3,040 3,280

BJBR still continue higher with a thin volume and overbought RSI trend that could limit the upside turn.

MEDC

Trading buy

S2 S1 Level R1 R2
2,260 2,500 2,820 2,940 3,150

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

PGAS

Trading Buy

S2 S1 Level R1 R2
2,020 2,130 2,210 2,260 2,370

PGAS closed the session higher 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.

Kiwoom Trader 11 August 2017

Dow Jones turun 204.69 poin ditutup pada level 21,844 seiring naiknya ketegangan geopolitik global atas Korea Utara. Bursa regional diperdagangkan cenderung turun pagi ini. Candlestick IHSG membentuk pola doji dan terlihat sulit melanjutkan kenaikan. Kami memperkirakan IHSG bergerak cenderung menurun akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
ASRI 356 Sell on Strength 336 347 368 380
BJBR 2,840 Sell on Strength 2,400 2,610 3,040 3,280
MEDC 2,820 Trading Buy 2,260 2,500 2,940 3,150
PGAS 2,210 Trading Buy 2,020 2,130 2,260 2,370

*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,

Kiwoom Trader 18 July 2017

 

 

Dow Jones diperdagangkan mixed, ditutup turun 8 poin pada level 21,629.7. Rapat ECB dijadwalkan berlangsung pada 20 Juli, diharapkan dapat memberi arahan terhadap isu tapering yang akan dilakukan. Bursa regional diperdagangkan cenderung turun pagi ini. Harga komoditas ditutup cenderung menguat kemarin. IHSG naik pada akhir sesi perdagangan kemarin kendati dibayangi aksi jual investor asing. Kami memperkirakan IHSG bergerak mendatar hari ini.

Stock Closing Rec. S2 S1 R1 R2
AISA 1,485 Trading Buy 1,280 1,400 1,545 1,660
INCO 2,090 Sell on Strength 1,850 1,960 2,150 2,270
MEDC 2,720 Sell on Strength 2,290 2,570 2,770 3,010
WIKA 2,090 Sell on Strength 1,990 2,000 2,180 2,260

*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 17 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,647.0 5,715.1 5,750
  • Dow Jones closed 2.2 point lower at 20,979.7 levels on a mixed trading sessions.
  • Australian and Japan bourses traded 0.5% and 0.6% lower this morning as investors lock profits.
  • IDX closed at recent low levels and break short term diagonal support line.
  • We expect IDX to trade negative today as investors wait and see the official announcement of rating revision from Standard & Poor’s.
ANTM

Trading Buy

S2 S1 Level R1 R2
570 600 700 730 760

ANTM closed the session higher above its diagonal resistance with a high volume indicating another upside potential.

INTP

Sell on Strength

S2 S1 Level R1 R2
17,200 17,800 18,475 19,000 19,500

INTP ended the trading positively in its diagonal resistance with an open gap up and overbought RSI trend that could limit the upswing.

JPFA

Speculative Buy

S2 S1 Level R1 R2
970 1,060 1,180 1,215 1,300

JPFA closed the trading higher with a long white candle after on a weak trend in the last 6 days creating a technical rebound.

MEDC

Trading Buy

S2 S1 Level R1 R2
2,300 2,500 2,750 2,940 3,150

MEDC ended the trading positively with a high 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 17 May 2017

Dow Jones turun 2.2 poin pada level 20,979.7 dalam perdagangan yang cenderung mendatar seiring sepinya berita penggerak pasar. Bursa Australia dan Jepang turun masing-masing sebesar 0.5% dan 0.6% pagi ini seiring langkah profit taking investor. Cenderung melemahnya harga komoditas seperti minyak dunia, nikel, timah, dan minyak sawit berpotensi kembali menekan perdagangan hari ini. IHSG ditutup tepat pada level terendah sebelumnya dan sedikit menembus diagonal support jangka pendeknya. Level-level horizontal support diharapkan dapat menopang potensi koreksi lanjutan. Kami memperkirakan IHSG bergerak cenderung negatif hari ini ditengah langkah investor menunggu pengumuman rating dari Standard & Poor’s.

Stock Closing Rec. S2 S1 R1 R2
ANTM 700 Trading Buy 570 600 730 760
INTP 18,475 Sell on Strength 17,200 17,800 19,000 19,500
JPFA 1,180 Speculative Buy 970 1,060 1,215 1,300
MEDC 2,750 Trading Buy 2,300 2,500 2,940 3,150

*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 May 2017

S2 S1 IDX R1 R2
5,627.9 5,680.8   5,697.1 5,750 5,790
  • Dow Jones traded 36.5 point lower closed at 20,975.7 levels after North Korea statement to proceed their nuclear tests.
  • Nikkei traded 0.3% higher this morning as Yen depreciates against US$.
  • IDX’s candlestick formed “dark cloud cover” which indicates further downside risk today.
  • We expect IDX to trade negative today as investors realize profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
13,000 13,500 14,000 14,350 14,850

BBRI moved negatively with a shooting star pattern after falling to break its recent high suggesting another downside movement.

INCO

Buy on Weakness

S2 S1 Level R1 R2
1,710 1,850 1,930 2,040 2,150

INCO closed the session negative near its diagonal support with a thin volume and oversold RSI trend suggesting a limited downside potential.

MEDC

Speculative Buy

S2 S1 Level R1 R2
2,000 2,200 2,300 2,500 2,670

MEDC ended the trading negatively in its diagonal support without volume and oversold RSI trend that could dampen a further downside movement.

TBIG

Sell on Strength

S2 S1 Level R1 R2
5,225 5,450 5,675 5,900 6,075

TBIG moved in the weak s i d e followed by a bearish engulfing suggesting another downside movement.

* 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 May 2017

Dow Jones turun 36.5 poin pada level 20,975.7 dipicu oleh pernyataan duta besar Korea Utara bahwa negara tersebut akan tetap melanjutkan serangkaian tes nuklir. Nikkei naik 0.3% pagi ini dipicu oleh sentimen depresiasi Yen. Candlestick IHSG kemarin membentuk pola “dark cloud cover” mengindikasikan pelemahan lanjutan masih akan terjadi hari ini. Kami memperkirakan IHSG diperdagangkan cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,000 Sell on Strength 13,000 13,500 14,350 14,850
INCO 1,930 Buy on Weakness 1,710 1,850 2,040 2,150
MEDC 2,300 Speculative Buy 2,000 2,200 2,500 2,670
TBIG 5,675 Sell on Strength 5,225 5,450 5,900 6,075

*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,