Daily Research 13 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,926.2 5,939.5 5,967.1
  • Dow Jones closed 0.14% lower at 22,841 levels as US earnings sentiments affect market.
  • EIDO closed 0.53% higher at 26.7 levels expected to support IDX this morning.
  • Technical rebound drove IDX higher yesterday backed by foreign net buy, may send IDX higher to reach its previous all-time high at 5,951 levels.
  • In all we expect IDX to trade mixed today.
ASII

Trading Buy

S2 S1 Level R1 R2
7,825 8,025 8,200 8,325 8,575

ASII edged higher with a full white candle and a break on horizontal resistance with a strong volume that could lead to another favorable potential.

CPIN

Sell on Strength

S2 S1 Level R1 R2
2,800 2,920 3,090 3,180 3,280

CPIN closed the session higher near its long term diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

PGAS

Trading Buy

S2 S1 Level R1 R2
1,390 1,520 1,590 1,730 1,885

PGAS managed a rebound turn after on a downswing with a long white candle and supported by a high enough volume suggesting another favorable potential.

SRIL

Trading Buy

S2 S1 Level R1 R2
318 344 382 398 420

SRIL ended the trading positively after break above horizontal resistance with higher 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.

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Kiwoom Trader 13 October 2017


Pasar Eropa dan Amerika diperdagangkan mixed kemarin. Dow Jones turun 0.14% ditutup pada level 22,841 ditengah sentimen kinerja keuangan perusahaan Amerika. EIDO naik 0.53% ditutup pada level 26.7 diharapkan menopang IHSG pada sesi pembukaan hari ini. IHSG mengalami teknikal rebound didukung aksi beli investor asing kemarin dan berpotensi menguji level tertinggi sebelumnya pada level 5,951. Kami memperkirakan IHSG bergerak mixed akhir pekan ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,200 Trading Buy 7,825 8,025 8,325 8,575
CPIN 3,090 Sell on Strength 2,800 2,920 3,180 3,280
PGAS 1,590 Trading Buy 1,390 1,520 1,730 1,885
SRIL 382 Trading Buy 318 344 398 420

*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 05 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,813.7 5,914.0 5,950
  • European market traded lower due to rising geopolitical tensions triggered by North Korean nuclear test last Sunday. US market closed on Labor Day.
  • Regional market traded sideways this morning, cannot send some positive sentiments for IDX.
  • Net capital outflow on the market pushed IDX lower yesterday to test again its support levels.
  • We expect IDX to trade mixed with lower tendency today.
ACES

Sell on Strength

S2 S1 Level R1 R2
970 1,020 1,055 1,090 1,155

ACES ended the trading weaker with a bearish engulfing formation providing another downside sign.

INTP

Buy on Weakness

S2 S1 Level R1 R2
17,225 18,125 18,900 19,300 19,850

INTP closed the session lower with long black candle pattern near its horizontal support suggesting a limited downside potential.

PGAS

Speculative Buy

S2 S1 Level R1 R2
1,900 1,950 1,985 2,150 2,210

PGAS closed the session lower with a high volume but closed in diagonal support area and oversold RSI trend that could that could dampen a further downside movement.

PTBA

Speculative Buy

S2 S1 Level R1 R2
10,375 11,225 11,700 12,500 13,200

PTBA ended the trading negatively in its diagonal support without volume and oversold RSI trend that could dampen a further downside 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 05 September 2017


 Bursa Eropa diperdagangkan negatif kemarin seiring kembali naiknya risiko geopolitik atas rangkaian tes nuklir yang dilakukan Korea Utara. Bursa Amerika tutup memperingati hari buruh. Bursa kawasan regional diperdagangkan mendatar pagi ini belum dapat memberi sentimen positif terhadap IHSG. Aksi jual investor asing yang cukup tinggi turut menekan IHSG kemarin untuk kembali menguji level-level supportnya. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,055 Sell on Strength 970 1,020 1,090 1,155
INTP 18,900 Buy on Weakness 17,225 18,125 19,300 19,850
PGAS 1,985 Speculative Buy 1,900 1,950 2,150 2,210
PTBA 11,700 Speculative Buy 10,375 11,225 12,500 13,200

*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 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.