Daily Research 12 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,675.5 5,770.6 5,837.2
  • Dow Jones closed 89.4 point higher at all-time high 21,271.97 levels as market digests former FBI Director’s testimony with the Senate.
  • EIDO closed 1.2% lower at 26.66 last Friday.
  • IDX closed below strong diagonal support line, which also breaks below its recent low level, as foreign investors realized profits.
  • We expect IDX to trade in negative territory today.
BBCA

Buy on Weakness

S2 S1 Level R1 R2
16,550 17,075 17,700 18,500 19,000

 

BBCA closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,290 2,340 2,430 2,540

 

PGAS still carried on the downside turn but only with a thin volume so that any further downturn maybe in a limited range.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,600 8,900 9,375 9,575 9,825

 

SMGR ended the trading positively followed with a high volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
44,900 46,175 47,550 48,000 50,025

UNVR edged higher nearing its horizontal resistance on Friday in which suggesting that another upside movement maybe in a limited range.

* 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 12 June 2017

 

Dow Jones naik 89.4 poin ditutup pada level tertinggi baru 21,271.97 setelah dengar pendapat mantan Direktur FBI dengan Senat. EIDO turun 1.2% pada level 26.66 hari Jumat. IHSG turun menembus garis diagonal support kuat, tutup di bawah level terendah sebelumnya seiring aksi profit taking investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 17,700 Buy on Weakness 16,550 17,075 18,500 19,000
PGAS 2,340 Buy on Weakness 2,200 2,290 2,430 2,540
SMGR 9,375 Trading Buy 8,600 8,900 9,575 9,825
UNVR 47,550 Sell on Strength 44,900 46,175 48,000 50,025

*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 26 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,703.4 5,730.6 5,791.8
  • Dow Jones closed 70.5 point higher at 21,082.9 levels.
  • Regional bourses traded negative this morning due to weak oil price despite OPEC agreement to extend production cap until March 2018.
  • IDX closed at its short term diagonal support line. A break below the line, or 5,678 may send IDX lower.
  • We expect IDX to trade lower today.
BBRI

Buy on Weakness

S2 S1 Level R1 R2
13,200 13,975 14,150 14,500 15,300

BBRI still carried on the weak turn with the presences of several supports that could dampen the downturn.

CTRA

Buy on Weakness

S2 S1 Level R1 R2
1,030 1,095 1,120 1,185 1,235

CTRA moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

ISAT

Speculative Buy

S2 S1 Level R1 R2
9,775 10,400 10,850 11,500 12,275

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

PGAS

Trading Buy

S2 S1 Level R1 R2
2,270 2,350 2,460 2,530 2,590

PGAS closed the session higher above its short term 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 26 May 2017

Dow Jones naik 70.5 poin ditutup pada level 21,082.9. Bursa regional diperdagangkan negatif pagi ini seiring pelemahan harga minyak dunia kendati pertemuan OPEC menyetujui perpanjangan pembatasan produksi hingga Maret 2018. Para pelaku pasar menginginkan OPEC menurunkan tingkat produksi minyak lebih dalam. Menantu Presiden Donald Trump, Jared Kushner, yang juga bertindak sebagai penasehat senior kepresidenan Amerika saat ini dikabarkan tengah berada dalam pengawasan ketat FBI terkait investigasi hubungan dengan pihak Rusia. Hal tersebut berpotensi kembali membayangi pergerakan Dow hari Jumat. IHSG ditutup tepat pada garis diagonal support jangka pendek. Penutupan IHSG dibawah level 5,678 berpotensi memicu koreksi IHSG. Kami memperkirakan IHSG kembali bergerak negatif akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,150 Buy on Weakness 13,200 13,975 14,500 15,300
CTRA 1,120 Buy on Weakness 1,030 1,095 1,185 1,235
ISAT 10,850 Speculative Buy 9,775 10,400 11,500 12,275
PGAS 2,460 Trading Buy 2,270 2,350 2,530 2,590

*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 20 April 2017

S2 S1 IDX R1 R2
5,512.7 5,568.1   5,606.5 5,657.8 5,700
  • Dow Jones closed 0.6% lower at 20,404.5 levels. EIDO also closed 1.1% lower yesterday.
  • Lower crude oil price expected to put another pressure to IDX today
  • European bourses traded flat, mostly in positive territory ahead of French Presidential election scheduled this Sunday.
  • DX’s candlestick formed inverted hammer pattern, an indicator that selling pressure were still persist.
  • We expect IDX to trade in negative territory today.

Trading Buy

S2 S1 Level R1 R2
1,700 1,765 1,820 1,865 1,960

BSDE was in the positive side with a full white candle pattern with a high enough volume indicating another favorable potential.

 CTRA

Sell on Strength

S2 S1 Level R1 R2
1,175 1,215 1,265 1,295 1,340

CTRA closed the session higher in its diagonal resistance downtrend channel and without a volume that could limit the upswing.

 PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,320 2,400 2,530 2,610

PGAS moved down again followed by a long black candle an high enough volume suggesting a further downturn.

Sell on Strength

S2 S1 Level R1 R2
2260 2,330 2,440 2,490 2,560

WSKT ended the trading p o s itively in its short term diagonal resistance without volume and 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 20 April 2017

Dow Jones turun 0.6% kemarin ditutup pada level 20,404.5 seiring penurunan harga IBM serta penurunan harga minyak dunia. EIDO turun 1.1% kemarin ditutup pada level 25.62. Bursa Eropa bergerak cenderung positif beberapa hari menjelang proses Pemilihan Presiden Perancis. Harga komoditas dunia mengalami penurunan, berpotensi menekan IHSG hari ini. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,820 Trading Buy 1,700 1,765 1,865 1,960
CTRA 1,265 Sell on Strength 1,175 1,215 1,295 1,340
PGAS 2,400 Buy on Weakness 2,200 2,320 2,530 2,610
WSKT 2,440 Sell on Strength 2,260 2,330 2,490 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 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.