Daily Research 23 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,929.5 5,967.1 6,000
  • Dow Jones closed 0.7% higher at 23,328.6 levels backed by positive sentiments on US tax reform.
  • EIDO closed 0.4% higher last Friday expected to support IDX on morning session today.
  • Regional market traded quite positive this morning.
  • IDX’s candlestick formed inverted hammer pattern last Friday which indicates continuation of selling pressure as investors tend to lock profits.
  • In all we expect IDX to trade mixed today.
ADHI

Trading Buy

S2 S1 Level R1 R2
2,030 2,080 2,160 2,170 2,220

ADHI closed the session higher after break above its short term horizontal resistance with high enough volume indicating another upside potential.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,235 1,340 1,400 1,430 1,555

JPFA moved up rather considerably followed by a high volume but with the presence of its strong horizontal resistance suggesting a limited positive opportunity.

PTBA

Buy on Weakness

S2 S1 Level R1 R2
9,225 10,050 10,600 11,725 11,850

PTBA took a weak movement followed by a long black candle pattern signaling another downside potential.

WTON

Trading Buy

S2 S1 Level R1 R2
535 560 635 665 690

WTON ended the trading positively after break above long term diagonal 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 23 October 2017


 

Pasar Eropa diperdagangkan cenderung mendatar akhir pekan lalu namun Dow Jones berhasil naik 0.7% ditutup pada level tertinggi baru 23,328.6 didukung sentimen positif rencana reformasi pajak di Amerika. EIDO naik 0.4% hari Jumat diharapkan dapat menopang IHSG pada sesi pagi hari ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk pola inverted hammer hari Jumat lalu, mengindikasikan potensi terjadinya koreksi teknikal hari ini seiring masih tingginya tekanan jual investor. Oleh karena itu kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,160 Trading Buy 2,030 2,080 2,170 2,220
JPFA 1,400 Sell on Strength 1,235 1,340 1,430 1,555
PTBA 10,600 Buy on Weakness 9,225 10,050 11,725 11,850
WTON 635 Trading Buy 535 560 665 690

*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 29 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,841.0 5,914.0 5,950
  • Dow Jones closed 0.18% higher at 22,381.2 levels backed by small cap stocks which will get most benefit from US tax reform package.
  • Regional market traded sideways this morning ahead of long holiday next week to celebrate mid-autumn festival.
  • IDX traded lower and crossed below its strong diagonal support line as investors keep selling Indonesian equities.
  • In all we expect IDX to trade lower today.
BBRI

Speculative Buy

S2 S1 Level R1 R2
13,850 14,200 14,700 15,350 15,675

BBRI closed the session lower in its long term diagonal support with a thin volume but the weakness is still open if the BBRI managed to break below the diagonal support.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,060 3,200 3,300

BBTN closed lower with higher volume. BBTN’s price pattern also showed a break to its short term diagonal support may trigger technical correction.

PTBA

Trading Buy

S2 S1 Level R1 R2
8,200 8,800 10,000 10,300 10,725

PTBA closed the session higher with bullish engulfing pattern and follow by higher volume indicating another upside potential.

UNVR

Speculative Buy

S2 S1 Level R1 R2
47,500 48,575 49,200 50,500 51,000

UNVR ended the trading negatively in long term diagonal support but the weakness is still open if the UNVR managed to break below the diagonal support.

* 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 29 September 2017


Bursa Eropa dan Amerika ditutup positif kemarin. Dow Jones naik 0.18% ditutup pada level 22,381.2 didukung saham berkapitalisasi pasar kecil sebagai reaksi atas rencana reformasi pajak di Amerika.  Bursa regional diperdagangkan mendatar pagi ini menjelang libur mid-autumn festival minggu depan. IHSG turun dibawah garis diagonal support kuat seiring tingginya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,700 Speculative Buy 13,850 14,200 15,350 15,675
BBTN 3,060 Sell on Strength 2,840 2,960 3,200 3,300
PTBA 10,000 Trading Buy 8,200 8,800 10,300 10,725
UNVR 49,200 Speculative Buy 47,500 48,575 50,500 51,000

*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 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,884.6 5,914.0 5,950
  • Dow Jones closed 63 point higher at fresh new high  at 22,331.35 ahead of 19-20 September FOMC.
  • Regional market traded positive this morning, may send some positive momentum for IDX today.
  • IDX closed above its previous high and seemed to challenge its previous all-time high 5,915 levels. A break above that level may trigger some positive momentum.
  • We expect IDX to trade in positive territory today.
ASRI

Trading Buy

S2 S1 Level R1 R2
335 360 402 416 442

ASRI ended the trading positively with a long white candle pattern and followed by higher volume indicating another upside potential.

PTBA

Trading Buy

S2 S1 Level R1 R2
8,200 9,175 10,375 10,725 11,750

PTBA closed the session higher after on a weak trend in the last several days with long white candle pattern creating a technical rebound.

PTPP

Trading Buy

S2 S1 Level R1 R2
2,300 2,400 2,480 2,620 2,790

PTPP ended the trading higher with a bullish engulfing formation and a high enough volume indicating a further favorable opportunity.

SMGR

Buy on Weakness

S2 S1 Level R1 R2
9,200 9,700 10,000 10,300 10,700

SMGR ended the session down with a long black candle pattern but with the presence of its horizontal support which expectedly limit the 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 19 September 2017



Bursa Eropa dan Amerika diperdagangkan positif dengan Dow membukukan kenaikan 63 poin ditutup pada level tertinggi baru 22,331.35 menjelang rapat FOMC 19-20 September. Bursa kawasan regional diperdagangkan cenderung positif pagi ini diharapkan dapat memberi sentimen positif terhadap IHSG. IHSG ditutup naik diatas level tertinggi sebelumnya dan berpotensi menguji level tertinggi 5,915. Penembusan ke atas level tersebut berpotensi memicu penguatan lanjutan. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASRI 402 Trading Buy 335 360 416 442
PTBA 10,375 Trading Buy 8,200 9,175 10,725 11,750
PTPP 2,480 Trading Buy 2,300 2,400 2,620 2,790
SMGR 10,000 Buy on Weakness 9,200 9,700 10,300 10,700

*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 11 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,857.1 5,914.0 5,950
  • Dow Jones closed 13 point higher, closed at  21,797.79 levels last Friday although dragged by insurer stocks ahead of hurricane Irma.
  • Regional market traded positive as Nikkei225 lead with 0.9% gain this morning.
  • IDX closed higher last Friday despite continuation of foreign net sell on Indonesian equities.
  • Backed by regional market we expect IDX to trade in positive territory today.
APLN

Sell on Strength

S2 S1 Level R1 R2
238 254 270 300 318

APLN ended the trading negatively with higher volume dan overbought RSI trend indicating a further downturn.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,400 8,525 8,650 8,800 8,925

INDF closed the session higher in diagonal resistance with a thin volume that could limit the upswing.

PTBA

Sell on Strength

S2 S1 Level R1 R2
11,700 12,100 12,375 12,825 13,300

PTBA moved in the positive side followed by a bullish harami pattern indicating another favorable opportunity.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,575 9,925 10,300 10,575 10,975

SMGR managed to move higher with a long white candle but was closed near its horizontal resistance that could slow down the upside turn.

* 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.