Daily Research 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

* 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.

Daily Research 09 August 2017

S2 S1 IDX R1 R2
5,675.5 5,749.2   5,810.5 5,840.9 5,910.2
  • Dow Jones closed 0.15% lower at 22,085.3 levels as US President warns North Korea on the nuclear weapon the country have.
  • Regional market traded down this morning due to rising geopolitical risks.
  • IDX closed higher yesterday but it closed below strong diagonal resistance line.
  • In all we think that IDX to trade on negative territory today.
BJTM

Sell on strength

S2 S1 Level R1 R2
620 655 685 705 750

BJTM edged higher with a enough volume but with a close near its diagonal resistance that could slow down the upswing.

INDF

Sell on strength

S2 S1 Level R1 R2
7,950 8,200 8,400 8,400 8,775

INDF was in the positive territory with a bullish engulfing pattern but with the presences of resistance that could limit the positive opportunity.

LSIP

Trading buy

S2 S1 Level R1 R2
1,300 1,375 1,430 1,470 1,520

LSIP moved higher after taking deep pressure in the last several days with a bullish engulfing pattern suggesting a rebound momentum

PTBA

Sell on strength

S2 S1 Level R1 R2
12,400 13,000 13,550 14,200 15,000

PTBA moved in the negative side with a bearish engulfing pattern after unable to break its recent high that could lead to another downturn.

* 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 09 August 2017

Dow Jones turun 0.15% ditutup pada level 22,085.3 atas kekuatiran geopolitik setelah Presiden Amerika Serikat memperingati Korea Utara atas senjata nuklir yang dimiliki. Bursa regional diperdagangkan cenderung menurun pagi ini. IHSG berhasil ditutup naik kemarin namun penutupan masih dibawah garis diagonal resistance kuat. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJTM 685 Sell on Strength 620 655 705 750
INDF 8,400 Sell on Strength 7,950 8,200 8,550 8,775
LSIP 1,430 Trading buy 1,300 1,375 1,470 1,520
PTBA 13,550 Sell on Strength 12,400 13,000 14,200 15,000

*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,

Kiwoom Trader 13 July 2017

 

Dow Jones naik 0.57% ditutup pada level tertinggi baru 21,532.14 setelah pasar mendengarkan penjelasan Janet Yellen terkait kebijakan moneter serta target inflasi Amerika. Bursa regional diperdagangkan positif pagi ini mengikuti sentimen positif Dow. EIDO naik 2.1% ditutup pada level 27.36 diharapkan dapat menopang awal perdagangan bursa pagi ini. IHSG rebound kemarin setelah mendekati garis diagonal support kuat. IHSG berpotensi naik menguji level tertinggi sebelumya pada level 5,910. Kami memperkirakan IHSG bergerak positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,665 Trading Buy 1,500 1,565 1,700 1,750
BBNI 7,000 Sell on Strength 6,575 6,775 7,200 7,400
CTRA 1,235 Sell on Strength 1,115 1,185 1,245 1,300
PTBA 12,500 Trading Buy 11,500 12,050 12,975 13,850

*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 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.