Daily Research 19 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,901.9 5,929.2 5,967.1 6,000
  • Dow Jones closed 160.2 point higher at fresh new high 23,157.6 levels backed by IBM share and positive sentiments over US earnings season.
  • Regional market traded higher backed by positive sentiments from American and European markets.
  • IDX closed lower near strong diagonal support line, triggered by large net sell position from foreign investors.
  • Relatively high selling pressure may limit IDX’s technical rebound chance today thus we expect IDX to trade sideways today.
BBCA

Sell on strength

S2 S1 Level R1 R2
18,875 19,650 20,200 20,800 21,600

BBCA edged lower with a long black candle formation in addition, a brea horizontal support would create a further down sign

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,525 5,850 6,100 6,300 6,500

JSMR moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

MNCN

Trading buy

S2 S1 Level R1 R2
1,380 1,470 1,535 1,595 1,665

MNCN closed the session higher above its horizontal resistance with high enough volume indicating another upside potential.

TLKM

Buy on weakness

S2 S1 Level R1 R2
4,000 4,140 4,300 4,400 4,520

TLKM closed the session lower with long black candle pattern near its diagonal support suggesting a limited downside 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.

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Kiwoom Trader 19 October 2017


Pasar Eropa dan Amerika diperdagangkan cukup positif kemarin. Dow Jones naik 160.2 poin ditutup pada level tertinggi baru 23,157.6 didukung sentimen positif kinerja keuangan IBM dan perusahaan Amerika lainnya. Bursa regional diperdagangkan positif pagi ini didukung sentimen positif Dow. IHSG mengalami koreksi dipicu aksi jual investor asing yang cukup banyak kemarin. Posisi penutupan IHSG dekat garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian tingginya minat jual investor asing berpotensi membatasi peluang penguatan. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 20,200 Sell on Strength 18,875 19,650 20,800 21,600
JSMR 6,100 Sell on Strength 5,525 5,850 6,300 6,500
MNCN 1,535 Trading buy 1,380 1,470 1,595 1,665
TLKM 4,300 Buy on weakness 4,000 4,140 4,400 4,520

*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 03 October 2017

 

S2 S1 IDX R1 R2
5,841.1 5,872.6   5,914.0 5,940 5,960
  • Dow Jones closed 0.68% higher at fresh new high at 22,557.6 levels.
  • North Asian market such as China, Hong Kong, and South Korea closed to celebrate mid-autumn festival.
  • IDX closed higher slightly below all-time high level but it made an upside gap and its candlestick formed inverted doji pattern which may signal a price
    correction today.
  • We expect IDX to trade negative today due to lack of new positive catalyst.
PTPP

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing  formation indicating another downside potential.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,670 2,900 3,030 3,180 3,340

BBTN was in the negative side with a bearish engulfing formation indicating another downside potential.

GGRM

Sell on Strength

S2 S1 Level R1 R2
62,000 63,575 64,775 67,000 69,200

GGRM closed below its recent low. ASII’s price pattern also showed a break to its horizontal support may trigger price correction.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,190 1,290 1,410 1,500 1,575

MNCN closed the session higher with bullish engulfing pattern and followed by 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 03 October 2017


Dow Jones naik 0.68% ditutup pada level tertinggi baru 22,557.6. Bursa kawasan Asia seperti China, HongKong, Korea Selatan libur merayakan mid-autumn festival. IHSG naik dengan upside gap kemarin namun candlestick membentuk pola inverted doji sehingga membuka peluang terjadinya koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini ditengah sepinya sentimen pasar.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,030 Sell on Strength 2,670 2,900 3,180 3,340
GGRM 64,775 Sell on Strength 62,000 63,575 67,000 69,200
MNCN 1,410 Trading Buy 1,190 1,290 1,500 1,575
PTPP 2,430 Trading Buy 2,200 2,310 2,620 2,800

*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 03 August 2017

S2 S1 IDX R1 R2
5,723.6 5,771.5   5,824.2 5,865.4 5,910.2
  • Dow Jones closed 52.3 point higher at record high 22,016.2 backed by strong Apple financial results.
  • Regional bourses traded sideways this morning.
  • IDX’s candlestick made hammer pattern yesterday. Combined with previous candlestick it formed bullish harami pattern, a sign for positive trade today. However continuation of foreign investor’s net sell on the IDX may cap upside momentum.
  • In all we expect IDX to trade sideways with positive tendency today as investors tend to “wait and see” 2Q 2017 GDP data to be released next Monday.
BKSL

Sell on Strength

S2 S1 Level R1 R2
92 101 107 108 115

BKSL carried on the favorable trend but with a position near its horizontal resistance and an overbought RSI trend that could dampen the upside opportunity.

BMRI

Sell on Strength

S2 S1 Level R1 R2
12,600 13,050 13,275 13,650 14,000

BMRI moved lower with a formation of a long black candle in which suggesting a further weak potential.

GJTL

Trading Buy

S2 S1 Level R1 R2
835 910 995 1,060 1,130

GJTL closed the session higher with high enough volume and above horizontal support line indicating another upside potential.

MNCN

Buy on Weakness

S2 S1 Level R1 R2
1,505 1,575 1,625 1,735 1,800

MNCN ended the trading negatively with a thin volume and oversold RSI trend suggesting a limited downside 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 03 August 2017

Dow Jones naik 52.3 poin ditutup pada level tertinggi baru 22,016.2 didukung kinerja saham Apple. Bursa regional diperdagangkan mixed pagi ini. Candlestick IHSG membentuk pola hammer dengan kombinasi bullish harami, diharapkan dapat memberi sentimen positif hari ini. Namun demikian kembali berlanjutnya aksi jual investor asing membayangi potensi penguatan. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini ditengah aksi “wait and see” investor menunggu release data GDP 2Q 2017 minggu depan.

Stock Closing Rec. S2 S1 R1 R2
BKSL 107 Sell on Strength 92 101 108 115
BMRI 13,275 Sell on Strength 12,600 13,050 13,650 14,000
GJTL 995 Trading Buy 835 910 1,060 1,130
MNCN 1,625 Buy on Weakness 1,505 1,575 1,735 1,800

*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 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,680.2 5,700 5,730
  • Dow Jones closed 14.8 point higher (0.07%) to 20,662.9 levels after Donald Trump’s statement on North Korea and Syria issues.
  • Asian bourses seen on positive territory this morning, backed by Nikkei which traded 0.9% higher this morning.
  • IDX booked another record high, closed at 5,680.2 myesterday. However it closed on its strong diagonal resistance line which may cap upside potentials.
  • We expect IDX to trade sideways today.
BMRI

Sell on Strength

S2 S1 Level R1 R2
11,600 11,800 12,425 12,500 12,700

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

WIKA

Buy on Weakness

S2 S1 Level R1 R2
2,100 2,210 2,260 2,370 2,480

WIKA moved lower with a c l o se near its recent low. A further downside turn would remain possible if its recent low is broken down.

MNCN

Sell on Strength

S2 S1 Level R1 R2
1,730 1,820 1,880 1,955 2,030

MNCN ended the trading positively in its diagonal resistance with a low volume and overbought RSI trend that could limit the upswing.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,230 2,340 2,450 2,540 2,650

PGAS managed to moved up in a thin range with bullish harami formation suggesting a further upside 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.