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.

Kiwoom Trader 07 April 2017

Dow Jones hanya naik 14.8 poin ditutup pada level 20,662.9 hari Kamis setelah pernyataan Donald Trump terkait isu Korea Utara dan Syria. Bursa Asia pagi ini diperdagangkan positif seiring rebound-nya Nikkei yang naik 0.9% pagi hari ini. IHSG kembali membukukan rekor tertinggi baru, ditutup pada level 5,680.2 kemarin. Namun posisi penutupan IHSG tepat pada garis diagonal resisten kuat sehingga potensi penguatan lanjutan cukup terbatas. Kami memperkirakan IHSG bergerak sideways hari ini.

Stock Closing Rec. S2 S1 R1 R2
BMRI 12,425 Sell on Strength 11,600 11,800 12,500 12,700
MNCN 1,880 Sell on Strength 1,730 1,820 1,955 2,030
PGAS 2,450 Trading Buy 2,230 2,340 2,540 2,650
WIKA 2,260 Buy on Weakness 2,100 2,210 2,370 2,480

*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 13 March 2017

S2 S1 IDX R1 R2
5,347 5,372   5,390.6 5,431 5,458
  • Mixed global bourses would not send in the support.
  • The IDX took a weak turn with a formation of bearish engulfing last week. But so, still presence of foreign buying interest would possibly limit the downside potential.
  • So, we predict that the IDX would be in the negative side today.
CTRA

Speculative buy

S2 S1 Level R1 R2
1,200 1,245 1,255 1,295 1,335

CTRA ended the trading down near its horizontal support with a low volume and the RSI indicator near oversold area so that any further downturn maybe in a limited range.

JSMR

Buy on weakness

S2 S1 Level R1 R2
4,220 4,380 4,440 4,625 4,750

JSMR closed the session n e g atively near its diagonal support with a thin volume suggesting a limited downside potential.

MNCN

Trading buy

S2 S1 Level R1 R2
1,600 1,650 1,735 1,805 1,900

MNCN took an upside turn with the break over its downtrend channel and a high enough volume indicating a further upside opportunity.

WSKT

Buy on weakness

S2 S1 Level R1 R2
2,180 2,300 2,390 2,470 2,560

WSKT was still in the negative side but with the presences of several supports in which could dampen the weak trend.

* 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 13 March 2017

Dow Jones Industrial Average menguat 44.79 point, atau 0.21%, pada 20,902.98. Nasdaq Composite juga naik 22.92 poin, atau 0.39%, pada 5,861.73. Wall Street menguat pada hari Jum’at didukung kuatnya data pekerjaan menjelang peluang kenaikan the Fed rate.

Stock Closing Rec. S2 S1 R1 R2
CTRA 1,255 Speculative buy 1,200 1,245 1,295 1,335
JSMR 4,440 Buy on weakness 4,220 4,380 4,625 4,750
MNCN 1,735 Trading buy 1,600 1,650 1,805 1,900
WSKT 2,390 Buy on weakness 2,180 2,300 2,470 2,560

*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 28 February 2017

kiwoom-research-selasa

S2 S1 IDX R1 R2
5,359 5,372   5,382.8 5,409 5,425
  • Several regional bourses on upside trend would possibly send in the support.
  • The IDX was down in a limited range yesterday with a doji pattern indicating a slower downside momentum.
  • So, we predict that the IDX would be in the positive side today.
AALI

Trading buy

S2 S1 Level R1 R2
14,700 15,000 15,600 15,775 16,000

AALI ended the session p o s itively with a long white candle and a high enough volume suggesting another favorable potential.

ANTM

Buy on weakness

S2 S1 Level R1 R2
625 700 740 780 840

ANTM carried on the downturn but with the presences of several supports and an oversold RSI trend that could limit the current downswing.

DOID

Sell on strength

S2 S1 Level R1 R2
595 640 740 760 800

DOID ended the session higher near its diagonal resistance with a thin volume and RSI in the overbought area in which could dampen a further upside turn.

MNCN

Sell on strength

S2 S1 Level R1 R2
1,500 1,595 1,665 1,705 1,785

MNCN moved up supported by a high volume but with the presence of its horizontal resistance potentially trimming a further upside 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.