Daily Research 11 August 2017

S2 S1 IDX R1 R2
5,749.3 5,780.6   5,825.9 5,865.4 5,910.2
  • Dow Jones closed 204.69 point lower at 21,844 levels on rising geopolitical risks on North Korea. Most European bourses closed lower yesterday.
  • Regional bourses opened lower this morning.
  • IDX’s candlestick formed doji pattern and closed on strong diagonal resistance line.
  • We expect IDX to trade negative today.
ASRI

Sell on strength

S2 S1 Level R1 R2
336 347 356 368 380

ASRI ended the trading in the weak side with a formation dark cloud cover suggesting a further downturn.

BJBR

Sell on Strength

S2 S1 Level R1 R2
2,400 2,610 2,840 3,040 3,280

BJBR still continue higher with a thin volume and overbought RSI trend that could limit the upside turn.

MEDC

Trading buy

S2 S1 Level R1 R2
2,260 2,500 2,820 2,940 3,150

MEDC closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,020 2,130 2,210 2,260 2,370

PGAS closed the session higher above its 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 11 August 2017

Dow Jones turun 204.69 poin ditutup pada level 21,844 seiring naiknya ketegangan geopolitik global atas Korea Utara. Bursa regional diperdagangkan cenderung turun pagi ini. Candlestick IHSG membentuk pola doji dan terlihat sulit melanjutkan kenaikan. Kami memperkirakan IHSG bergerak cenderung menurun akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
ASRI 356 Sell on Strength 336 347 368 380
BJBR 2,840 Sell on Strength 2,400 2,610 3,040 3,280
MEDC 2,820 Trading Buy 2,260 2,500 2,940 3,150
PGAS 2,210 Trading Buy 2,020 2,130 2,260 2,370

*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 July 2017

S2 S1 IDX R1 R2
5,647.4 5,723.6   5,813.5 5,846.6 5,910.2
  • Dow Jones closed 100.26 point higher at 21,613.4 levels backed by positive sentiments on US earnings season.
  • Regional bourses traded positive ahead of the outcome of FOMC meeting tonight.
  • IDX’s candlestick formed hammer pattern and closed at its strong diagonal resistance line. A break above the line may send IDX to continue uptrend channel
    however the continuation of capital outflows may limit upside potentials.
  • We expect IDX to trade positive today.
CPIN

Sell on Strength

S2 S1 Level R1 R2
2,870 2,970 3,040 3,270 3,370

CPIN chance to continue lower after ended trading with high volume. The rally will valid if CPIN break below recent low level (S1).

CTRA

Sell

S2 S1 Level R1 R2
950 1,030 1,080 1,115 1,170

CTRA was still in the negative territory with the break on horizontal support in the middle of a high enough volume indicating a further downside potential.

DOID

Sell on Strength

S2 S1 Level R1 R2
550 640 680 800 865

DOID continues negative with high volume after breaking the support and form the downtrend channel pattern indicating a further downturn.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,120 2,200 2,250 2,310 2,430

PGAS moved higher after o a condolidation with a long  white candle and a high volume so that could lead to another positive 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-26-july-2017

 

 

Dow Jones naik 100.26 poin ditutup pada level 21,613.4 didukung sentimen positif kinerja perusahaan Amerika. Bursa kawasan regional diperdagangkan positif pagi ini menjelang hasil rapat FOMC nanti malam. Relatif rendahnya US$ index memicu penguatan harga komoditas seperti minyak mentah, metal, dan CPO, diharapkan dapat memberi sentimen positif hari ini.  Candlestick IHSG membentuk pola hammer tepat pada garis diagonal resisten kuat. Penembusan ke atas garis tersebut berpotensi mendorong penguatan IHSG ditengah masih berlanjutnya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,040 Sell on Strength 2,870 2,970 3,270 3,370
CTRA 1,080 Sell 950 1,030 1,115 1,170
DOID 680 Sell on Strength 550 640 800 865
PGAS 2,250 Trading Buy 2,120 2,200 2,310 2,430

*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 July 2017

S2 S1 IDX R1 R2
5,694.9 5,749.6   5,814.8 5,910.2 5,950.0
  • Dow Jones closed 94.3 point higher at 21,414.3 levels last Friday.
  • Global investors tend to wait and see the effect of rising global bond yield, which boost US$ index. As the result, crude oil price traded lower around US$ 44.2 per barrel this morning.
  • IDX traded lower near its strong diagonal support line. A break below the line may trigger major correction.
  • We expect IDX to trade negative today as investors realize profits.
BJBR

Speculative Buy

S2 S1 Level R1 R2
1,745 1,960 2,040 2,240 2,450

BJBR closed the session lower in its long term diagonal support with a thin volume that could dampen a further downside movement.

JSMR

Sell on Strength

S2 S1 Level R1 R2
4,940 5,125 5,275 5,425 5,650

JSMR took a deep downturn with a long black candle and a break a support of an uptrend channel indicating a further down trend.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,190 2,290 2,340 2,430 2,540

PGAS took a negative step followed by a formation of a bearish engulfing yesterday suggesting a further weak sign.

WIKA

Speculative Buy

S2 S1 Level R1 R2
2,100 2,180 2,200 2,330 2,400

WIKA ended trading negatively near its horizontal support with a thin volume 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 10 July 2017

Dow Jones naik 94.3 poin ditutup pada level 21,414.3 akhir pekan lalu. Sentimen bursa global masih dirasa negatif seiring kenaikan tingkat imbal hasil (yield) obligasi negara maju. Yield obligasi 10 tahun Pemerintah Amerika naik 0.97% hari Jumat menjadi 2.39%. Kecenderungan penguatan US$, yang dipicu naiknya yield, menekan harga minyak dunia pada kisaran US$ 44.2 pagi ini. IHSG turun mendekati garis diagonal support kuat. Penembusan ke bawah garis tersebut berpotensi memicu koreksi pasar yang cukup besar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,040 Speculative Buy 1,745 1,960 2,240 2,450
JSMR 5,275 Sell on Strength 4,940 5,125 5,425 5,650
PGAS 2,340 Buy on Weakness 2,190 2,290 2,430 2,540
WIKA 2,200 Speculative Buy 2,100 2,180 2,330 2,400

*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 04 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,910.2 5,930.0 5,970.0
  • Dow Jones closed 0.6% higher at 21,479.3 level ahead of 4th July Independence Day.
  • Regional bourses traded relatively positive this morning.
  • IDX closed higher at fresh new highs but it closed at strong diagonal resistance line which cap positive momentum.
  • We expect IDX to trade relatively negative today as investors lock profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
14,250 14,800 15,500 16,000 16,500

BBRI closed a session higher with a high volume but closed in its diagonal resistance and near overbought RSI trend that could limit the upswing.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,300 8,600 8,775 8,925 9,200

INDF traded higher within the last 4 days and closed near its horizontal resistance line, and thus limit upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,200 2,290 2,350 2,430 2,540

PGAS was in the positive side followed by an increasing volume indicating a further up potential.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,420 4,500 4,790 4,850 5,000

TLKM ended the trading positively with a high volume but closed in its diagonal resistance 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.