Daily Research 22 Mei 2018

S2 S1 IDX R1 R2
5,597.7 5,674.0 5,733.9 5,835.0 5,919.2
  • Dow Jones gained 1.2% at 25,013 after US Treasury Secretary said that trade war was “on hold” following an agreement with China to suspend tariff threats.
  • Regional market traded mixed with lower tendency this morning.
  • IDX traded down below recent low as foreign seller continues.
  • We expect IDX to trade mixed with lower tendency as investor concerns on currency depreciation and rising Indonesia treasury yields.
AALI

Sell on Strength

S2 S1 Level R1 R2
11,900 12,500 13,025 13,325 13,975

AALI edged higher but with a position its rather strong horizontal resistance possibly trimming a further upside potential.

INCO

Sell on Strength

S2 S1 Level R1 R2
3,430 3,610 3,810 3,860 4,000

INCO still continue trading higher but closed near horizontal resistance and overbought RSI trend that could limit the upswing.

LSIP

Hold

S2 S1 Level R1 R2
1,095 1,150 1,225 1,260 1,310

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

Sell on Strength

S2 S1 Level R1 R2
1,800 1,875 1,935 2,010 2,110

PGAS was in the negative territory with a dark cloud cover pattern near its horizontal support. A break on this support would once again create a downside potential.

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Kiwoom Trader 22 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones berhasil naik 1.2% pada level 25,013 setelah Menteri Keuangan Amerika mengungkapkan kesepakatan dengan Pemerintah China untuk menghentikan sementara saling menggertak terkait kebijakan perdagangan antara kedua negara. Bursa regional diperdagangkan mixed cenderung menurun pagi ini. IHSG turun dibawah level terendah sebelumnya pada awal Mei seiring berlanjutnya aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif dibayangi depresiasi Rupiah serta kecenderungan kenaikan yield obligasi Pemerintah Indonesia.

Stock Closing Rec. S2 S1 R1 R2
AALI 13,025 Sell on Strength 11,900 12,500 13,325 13,975
INCO 3,810 Sell on Strength 3,430 3,610 3,860 4,000
LSIP 1,225 Hold 1,095 1,150 1,260 1,310
PGAS 1,935 Sell on Strength 1,800 1,875 2,010 2,110

Kiwoom Trader 19 April 2018

Bursa Eropa ditutup positif namun Dow Jones turun 0.2% pada level 24,748 seiring penurunan saham IBM. Bursa regional diperdagangkan positif pagi ini. Harga komoditas mengalami kenaikan atas potensi sanksi perdagangan yang akan diterapkan Amerika terhadap Rusia. Harga minyak mentah naik 2.9%, nickel naik 8.3% dan timah naik 2.5% berpotensi mendorong kenaikan saham sektor komoditas. IHSG kembali naik kemarin mendekati level tertinggi sebelumnya pada level 6,360 kendati dibayang pelemahan di pasar obligasi. Kami memperkirakan IHSG bergerak cenderung positif hari ini seiring aksi spekulasi pasar menjelang rilis kinerja keuangan 1Q 2018.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,830 Trading Buy 1,730 1,770 1,840 1,875
BWPT 286  Sell On Strength 242 260 304 320
PGAS 2,170 Buy On Weakness 1,985 2,120 2,300 2,420
WSBP 414 Buy On Weakness 382 400 434 452

 

Daily Research 19 April 2018

S2 S1 IDX R1 R2
6,179.4 6,244.4 6,320.0 6,410.7 6,500.8
  • Dow Jones closed 0.2% lower at 24,748 dragged by
    IBM shares. Regional market traded positive this
    morning.
  • Commodity prices traded higher as US plans trade
    sanctions to Russia. As the result crude oil rise 2.9%,
    nickel price up by 8.3% while tin price up by 2.5%
    which may support commodity sector today.
  • IDX traded higher yesterday near recent high at 6,360
    although bond market traded lower.
  • We expect IDX to trade positive today ahead of
    market speculation on good 1Q 2018 financial results.
BSDE

Trading Buy

S2 S1 Level R1 R2
1,730 1,770 1,830 1,840 1,875

BSDE closed the session higher with long white candle and break above resistance line with high enough volume indicating another upside potential.

BWPT

Sell on Strength

S2 S1 Level R1 R2
242 260 286 304 320

BWPT ended the trading negatively with higher volume and overbought RSI trend indicating a further downturn.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
1,985 2,120 2,170 2,300 2,420

PGAS ended the trading negatively near diagonal support area with a thin volume suggesting a limited downside potential.

WSBP

Buy on Weakness

S2 S1 Level R1 R2
382 400 414 434 452

WSBP ended the trading negatively near diagonal support area with a thin volume suggesting a limited downside potential.

Kiwoom Trader 13 March 2018


Bursa Eropa diperdagangkan mixed namun Dow Jones turun 0.6% pada level 25,178 seiring kekuatiran investor atas kebijakan tarif Amerika. Presiden Donald Trump menetapkan tarif impor atas impor baja dan aluminium dengan pengecualian bagi Kanada dan Mexico. Bursa regional diperdagangkan mendatar dengan kecenderungan negatif pagi ini. IHSG mengalami rebound namun membentuk upside gap kemarin. Analisa momentum menunjukkan potensi penguatan yang cukup terbatas. Kami memperkirakan IHSG bergerak mixed cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,380 Buy on Weakness 2,250 2,330 2,480 2,550
GGRM 77,125 Buy on Weakness 73,100 76,000 78,950 81,400
PGAS 2,520 Sell on Strength 2,200 2,410 2,610 2,720
TBIG 5,975 Trading Buy 5,525 5,700 6,150 6,350

Daily Research 13 March 2018

S2 S1 IDX R1 R2
6,277.2 6,353.7 6,443.3 6,508.1 6,594.4
  • Dow Jones closed 0.6% lower at 25,178 as investors concern on US President’s new tariff policies on imports of steel and aluminum with exclusion for Canada and Mexico.
  • Regional market traded sideways with negative tendency this morning.
  • IDX on a technical rebound with an upside gap. Technical analysis showed declining momentum which limit positive potential.
  • We expect IDX traded mixed with negative tendency today.
ADHI

Buy on Weakness

S2 S1 Level R1 R2
2,250 2,330 2,380 2,480 2,550

ADHI ended the trading negatively near short term diagonal support area with a thin volume that could dampen a further downside movement.

GGRM

Buy on Weakness

S2 S1 Level R1 R2
73,100 76,000 77,125 78,950 81,400

GGRM moved lower with a close near its recent low. A further downside turn would remain possible if its recent low its break down.

PGAS

Sell on Strength

S2 S1 Level R1 R2
2,200 2,410 2,520 2,610 2,720

PGAS was in the positive side but with a close near its previous high in which could dampen a further up movement.

TBIG

Trading Buy

S2 S1 Level R1 R2
5,525 5,700 5,975 6,150 6,350

TBIG closed the session higher with long white candle and followed by higher volume indicating another upside potential.

Kiwoom Trader 22 February 2018


Bursa Eropa bergerak mixed dengan Dow Jones turun 0.7% pada level 24,797 seiring kekuatiran investor atas potensi kenaikan suku bunga Amerika. Notulen rapat FOMC yang dirilis menunjukkan membaiknya persepsi perbaikan pertumbuhan ekonomi yang juga didukung oleh inflasi yang mulai meningkat. Potensi kenaikan suku bunga Amerika memicu kenaikan US Dollar Index ke atas level 90, memicu depresiasi kurs Rupiah diatas level Rp 13,600 per US$. Candlestick IHSG membentuk pola doji sehingga rentan mengalami koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BTPN 3,690 Trading Buy 3,170 3,300 3,900 4,070
INTP 21,800 Trading Buy 20,550 20,975 22,000 23,000
JPFA 1,530 Sell on Strength 1,395 1,465 1,600 1,700
PGAS 2,720 Trading Buy 2,460 2,610 2,860 2,950

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