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,

Daily Research 11 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,644.3 5,700 5,730
  • Dow Jones closed 1.9 higher at 20,658.0 levels as investors concerned about increasing geopolitical tensions over Syria and North Korea issues.
  • Regional bourses traded mixed with negative tendency this morning.
  • IDX traded lower yesterday after touched its strong diagonal resistance line.
  • We expect IDX to trade negative today as investors realize profits.
MEDC

Sell on Strength

S2 S1 Level R1 R2
2,870 3,150 3,360 3,540 3,720

MEDC was in the negative side with a formation of a shooting star signaling a further downside potential.

PTPP

Speculative Buy

S2 S1 Level R1 R2
2,850 2,955 3,040 3,250 3,350

PTPP closed the session lower with a high volume but with a close near its diagonal support and oversold RSI trend and that could limit the downturn.

TINS

Speculative Buy

S2 S1 Level R1 R2
875 930 985 1,010 1,065

TINS ended the trading positively with a bullish engulfing pattern suggesting another favorable potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
43,875 44,575 45,300 45,675 46,400

ACES ended the trading p o sitively in its diagonal resistance without volume and 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 11 April 2017

Dow Jones ditutup naik 1.9 poin pada level 20,658.0 ditengah berkembangnya isu geopolitik di Syria dan Korea Utara. Bursa Australia dan Jepang diperdagangkan mixed cenderung positif pagi ini. IHSG turun 9 poin kemarin dengan investor asing masih membukukan posisi beli bersih senilai Rp 187.3 Miliar. EIDO ditutup turun 0.4% pada level 26.13. Mixednya bursa regional pagi ini, turunnya EIDO, serta kecenderungan profit taking investor diperkirakan kembali menekan IHSG hari ini.

Stock Closing Rec. S2 S1 R1 R2
MEDC 3,360 Sell on Strength 2,870 3,150 3,540 3,720
PTPP 3,040 Speculative Buy 2,850 2,955 3,250 3,350
TINS 985 Speculative Buy 875 930 1,010 1,065
UNVR 45,300 Speculative Buy 43,875 44,575 45,675 46,400

*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 March 2017

S2 S1 IDX R1 R2
5,372 5,409   5,432.3 5,458 5,472
  • Mixed regional markets would affect the sentiment.
  • The IDX moved quite positively backed by high enough foreign buying actions yesterday. Bu so, an overbought trend, an open gap and a position near its
    previous high would slow down a further upside movement.
  • So, we predict that the IDX would be in the positive side today.
BBRI

Sell on strength

S2 S1 Level R1 R2
11,750 12,150 12,525 12,600 12,875

BBRI ended the trading pos i ti vely with a high volume. But so, and open upside gap and an overbought RSI indicator would trim the upside opportunity.

ICBP

Sell on strength

S2 S1 Level R1 R2
8,150 8,500 8,825 8,950 9,250

ICBP closed the session higher with a high enough volume but with a close near its diagonal resistance and also an overbought RSI tendency that could slow down the upswing.

MEDC

Sell on strength

S2 S1 Level R1 R2
2,510 2,770 2,900 3,000 3,245

MEDC was in the negative side with a shooting star pattern suggesting a further downside movement.

UNVR

Speculative buy

S2 S1 Level R1 R2
41,100 42,200 43,600 44,475 45,950

UNVR edged higher with a full white candle and a break on horizontal resistance with a strong volume that could lead to another favorable 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.