Daily Research 07 December 2017

S2 S1 IDX R1 R2
5,915.4 5,954.7 6,035.5 6,053.0 6,098.8
  • US stocks ended mix tends to flat. Investors are still waiting for the final decision of the US Congress on the Tax Reform Bill, as well as the delayed budget discussion.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • Yesterday JCI closed slightly above its MA20 resistance. Today’s movement will still in mix direction with tendency to be positive. Support 5,975 and resistance 6,095.
JSMR

Sell on Strength

S2 S1 Level R1 R2
5,750 6,050 6,275 6,475 6,725

JSMR still carried on the weak turn with a high volume suggesting another negative potential.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,200 1,290 1,345 1,410 1,485

MNCN moved positively wit an increasing trading volume suggesting another favorable potential.

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,140 2,240 2,450 2,510 2,630

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

SMBR

Trading Buy

S2 S1 Level R1 R2
1,900 2,140 2,490 2,630 2,820

SMBR closed the trading higher with a high enough volume after on a weak trend in the last 3 days creating a technical rebound.

* 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 07 December 2017


Indeks saham AS berakhir mix cenderung flat. Investor masih menantikan keputusan akhir dari Kongres            AS mengenai RUU Reformasi Pajak, serta pembahasan anggaran yang kembali tertunda. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. Kemarin IHSG ditutup sedikit diatas resistance MA20nya. Pergerakan hari ini masih akan mix cenderung positif. Support 5975, resistance 6095.

Stock Closing Rec. S2 S1 R1 R2
JSMR 6,275 Sell on Strength 5,750 6,050 6,475 6,725
MNCN 1,345 Trading Buy 1,200 1,290 1,410 1,485
SCMA 2,450 Sell on Strength 2,140 2,240 2,510 2,630
SMBR 2,490 Trading Buy 1,900 2,140 2,630 2,820

*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 27 October 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 5,995.8 6,050 6,100
  • Dow Jones closed 0.3% higher at 23,400.9 levels backed by strong corporate earnings.
  • Regional market traded slightly stronger this morning but positive momentum clouded by tendency of rising global bond yield.
  • IDX gets technical correction after made new all-time high. With candlestick formed inverted hammer pattern IDX vulnerable to profit taking actions today.
  • We expect IDX to trade sideways with lower tendency today. 9M 2017 Corporate earnings expected to support any downside risks today.
CPIN

Sell on Strength

S2 S1 Level R1 R2
2,960 3,140 3,400 3,530 3,800

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

GGRM

Hold

S2 S1 Level R1 R2
60,150 62,000 64,675 65,600 67,825

GGRM has a chance to continue rally after ended trading with high volume. The rally will valid if GGRM break above recent high level (R1).

KLBF

Sell

S2 S1 Level R1 R2
1,500 1,565 1,600 1,675 1,735

KLBF closed the session lower after break below horizontal support with high enough volume indicating a further downturn.

MNCN

Trading Buy

S2 S1 Level R1 R2
1,400 1,500 1,585 1,625 1,700

MNCN closed the session higher after break above 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 27 October 2017


Pasar Eropa dan Amerika mengalami teknikal rebound dipicu sentimen kinerja keuangan korporasi. Dow Jones naik 0.3% ditutup pada level 23,400.9 kemarin. Bursa regional diperdagangkan sedikit naik pagi ini ditengah kecenderungan kenaikan yield obligasi global. IHSG mengalami koreksi setelah membukukan level tertinggi baru. Dengan candlestick membentuk pola inverted hammer IHSG rawan terkena aksi profit taking menjelang akhir pekan. Kinerja perusahaan 9M 2017 yang akan segera diumumkan diharapkan dapat menopang IHSG hari ini. Kami memperkirakan IHSG bergerak mendatar dengan kecenderungan menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,400 Sell on Strength 2,960 3,140 3,530 3,800
GGRM 64,675 Hold 60,150 62,000 65,600 67,825
KLBF 1,600 Sell 1,500 1,565 1,675 1,735
MNCN 1,585 Trading Buy 1,400 1,500 1,625 1,700

*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 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.

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.