Daily Research 03 April 2017

S2 S1 IDX R1 R2
5,534 5,563.7   5,568.1 5,620 5,650
  • Dow Jones closed 0.3% lower last Friday.
  • Regional bourses traded mixed after Donald Trump’s comment on North Korea, ahead of China’s President scheduled visit to US this week.
  • IDX traded lower after failed to break its strong diagonal resistance.
  • We expect IDX to trade mixed with negative tendency today.
BBCA

Sell on Strength

S2 S1 Level R1 R2
15,950 16,325 16,650 16,825 17,200

BBCA ended the trading negatively with a bearish engulfing formation with a high enough volume suggesting a further downturn.

EXCL

Buy on Weakness

S2 S1 Level R1 R2
2,850 3,000 3,060 3,255 3,370

EXCL closed the session lower with a long black candle formation near its short term diagonal support uptrend channel and a low volume indicating a limited downside potential.

PTBA

Sell on Strength

S2 S1 Level R1 R2
11,800 12,675 13,200 13,600 14,475

PTBA was still in positive side but with a close near its horizontal resistance that could limit the upside movement.

WSBP

Speculative Buy

S2 S1 Level R1 R2
485    525 495 500 500 515

WSBP ended the sessio n negatively in diagonal support area downtrend channel in a low volume and RSI in oversold area that could slow down the downswing.

* 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 03 April 2017

Dow Jones ditutup turun 0.3% pada perdagangan hari Jumat lalu. Komentar Donald Trump terhadap Korea Utara membayangi pergerakan bursa regional hari ini. Donald Trump menyatakan bahwa Amerika akan menjalin kerja sama dengan negara-negara lain, terkecuali China, untuk mengamankan ancaman nuklir Korea Utara. Komentar tersebut muncul menjelang kunjungan kenegaraan Presiden China ke Amerika minggu ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 16,650 Sell on Strength 15,950 16,325 16,825 17,200
EXCL 3,060 Buy on Weakness 2,850 3,000 3,255 3,370
PTBA 13,200 Sell on Strength 11,800 12,675 13,600 14,475
WSBP 500 Speculative Buy 485 495 515 525

*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 30 March 2017

S2 S1 IDX R1 R2
5,550 5,575   5,592.5 5,625 5,650
  • Mixed global markets would not send in any support.
  • The IDX ended the trading higher near the psychological level of 5,600 yesterday. But so, profit taking risks would dampen the upside potential.
  • Therefore, we predict that the IDX would resume the upside movement today
INDF

Speculative buy

S2 S1 Level R1 R2
7,700 7,875 8,000 8,200 8,450

INDF closed the session lower with a high enough volume but with a close near its short term diagonal support that could limit the downturn.

PGAS

Sell on strength

S2 S1 Level R1 R2
2,230 2,410 2,540 2,600 2,760

PGAS moved higher with a full white candle pattern but with the presences of several resistances that could slow the upswing.

PTBA

Speculative buy

S2 S1 Level R1 R2
10,975 11,800 12,250 12,775 13,600

PTBA moved up with a broken horizontal resistance also supported by a high volume indicating another upside potential.

SSIA

Sell on strength

S2 S1 Level R1 R2
560 585 670 685 710

SSIA ended the trading pos i ti vely with a high enough volume but with a close near its diagonal resistance and an 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.

Kiwoom Trader 30 March 2017

Stock Closing Rec. S2 S1 R1 R2
INDF 8,000 Speculative buy 7,700 7,875 8,200 8,450
PGAS 2,540 Sell on strength 2,230 2,410 2,600 2,760
PTBA 12,250 Speculative buy 10,975 11,800 12,775 13,600
SSIA 670 Sell on strength 560 585 685 710

*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 15 March 2017

S2 S1 IDX R1 R2
5,372 5,409   5,431.5 5,458 5,472
  • Global markets on downside tendencies would send in the negative sentiment.
  • The IDX still carried on the upside turn with resuming foreign buying interest yesterday. But so, the presences of several resistances and recent high would potentially dampen the upside movement.
  • So, we predict that the IDX would be in the downside potential today.
ANTM

Speculative buy

S2 S1 Level R1 R2
660 690 705 740 770

ANTM ended the trading n e g atively near its diagonal support with a low volume and oversold RSI indicator that could slow down the downswing.

BJTM

Sell on strength

S2 S1 Level R1 R2
540 570 595 615 645

BJTM moved higher in the last 2 days but with the presence of its horizontal resistance that could trim the upside opportunity.

PTBA

Sell on strength

S2 S1 Level R1 R2
9,475 10,375 10,800 11,100 11,750

PTBA was in the positive side with a high enough volume but with the presence of its diagonal resistance of a downtrend channel possibly dampening a further upside turn.

TLKM

Trading buy

S2 S1 Level R1 R2
3,820 3,900 4,050 4,090 4,180

TLKM closed the trading higher with the break above its diagonal resistance with a strong volume suggesting another favorable 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 15 March 2017

Dow Jones Industrial Average melemah 44.11 poin, atau 0.21%, pada 20,837.37. Nasdaq Composite melemah 18.97 poin, atau 0.32%, pada 5,856.82. Wall Street bergerak turun pada hari Selasa dipicu pelemahan sektor energi, penerbangan dan rumah sakit.

Stock Closing Rec. S2 S1 R1 R2
ANTM 705 Speculative buy 660 690 740 770
BJTM 595 Sell on strength 540 570 615 645
PTBA 10,800 Sell on strength 9,475 10,375 11,100 11,750
TLKM 4,050 Trading buy 3,820 3,900 4,090 4,180

*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 March 2017

S2 S1 IDX R1 R2
5,347 5,372   5,409.8 5,431 5,458
  • Mixed global bourses would affect the trading direction with the releases of corporate result news.
  • The IDX ended the trading positively after testing its support yesterday. A position still near its support would keep the upside potential.
  • So, we predict that the IDX would be in the positive side today.
ADHI

Trading buy

S2 S1 Level R1 R2
2,130 2,170 2,380 2,450 2,500

ADHI closed the session higher with the break over its diagonal resistance with a high volume suggesting another favorable potential.

PTBA

Buy on weakness

S2 S1 Level R1 R2
9,850 10,675 10,750 11,750 12,775

PTBA moved lower with a close near its recent low. A further downside turn would remain possible if its recent low is broken down.

UNTR

Sell on strength

S2 S1 Level R1 R2
23,500 24,500 26,200 26,500 27,500

UNTR ended the day positi v e ly supported by a strong volume but with a close near diagonal resistance and near overbought RSI indicator that could slow down the upswing.

WSKT

Trading buy

S2 S1 Level R1 R2
2,180 2,350 2,440 2,530 2,670

WSKT was in the positive territory followed by a bullish harami pattern signaling a further 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.