Daily Research 05 May 2017

S2 S1 IDX R1 R2
5,577.5 5,627.9   5,669.4 5,703.87 5,750
  • Dow Jones closed 6.4 point higher at 20,951.4 although dragged by energy stocks.
  • Crude oil price traded below US$ 46 per barrel levels, may send negative sentiments to emerging markets while investors wait for the release of 1Q 2017 GDP figures from BPS this morning.
  • Backed by strong foreign inflows, IDX’s candlestick formed bullish harami formation, an early indicator for another price increase today. In all we expect IDX to trade mixed with positive tendency today.
AKRA

Buy on Weakness

S2 S1 Level R1 R2
5,975 6,150 6,300 6,475 6,650

AKRA still carried on the weak turn with the presences of several supports that could dampen the downturn.

ANTM

Buy on Weakness

S2 S1 Level R1 R2
585 625 645 700 735

ANTM closed the session lower near its diagonal support without a volume and oversold RSI trend that could dampen a further downside movement.

PWON

Trading Buy

S2 S1 Level R1 R2
605 625 675 690 710

PWON ended the trading positively above its diagonal resistance with a high enough volume indicating another upside potential.

SMRA

Trading Buy

S2 S1 Level R1 R2
1,255 1,315 1,385 1,425 1,495

SMRA managed to moved u p in a thin range with bullish engulfing formation suggesting a further upside opportunity.

* 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 May 2017

Dow Jones ditutup naik 6.4 poin pada level 20,951.4 walaupun sektor energi membebani kinerja Dow. Turunnya harga minyak dunia ke level dibawah US$ 46 per barrel berpotensi membatasi peluang penguatan bursa Emerging Market hari ini. Pasar menunggu keluarnya data 1Q 2017 GDP yang akan dirilis BPS pada pukul 9.00 WIB. Candlestick IHSG membentuk formasi bullish harami sehingga mengindikasikan peluang penguatan hari ini. Dengan dukungan sentimen beli investor asing serta kenaikan EIDO sebesar 0.3% pada level 26.4 kami memperkirakan IHSG diperdagangkan mixed cenderung menguat hari ini.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,300 Buy on Weakness 5,975 6,150 6,475 6,650
ANTM 645 Buy on Weakness 585 625 700 735
PWON 675 Trading Buy 605 625 690 710
SMRA 1,385 Trading Buy 1,255 1,315 1,425 1,495

*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 25 April 2017

Dow Jones dan bursa Eropa naik setelah melewati proses pemilihan Presiden Perancis, dimana Emmanuel Macron dan Marine Le Pen lolos pada putaran tahap pertama. Hasil tersebut sesuai dengan ekspektasi dan perkiraan awal. IHSG ditutup naik akhir pekan lalu mendekati level tertinggi sebelumnya. Kami memperkirakan penguatan lanjutan IHSG dapat terjadi hari ini ditengah sentimen keluarnya kinerja keuangan 1Q 2017.

Stock Closing Rec. S2 S1 R1 R2
ASII 9,150 Sell on Strength 8,400 8,600 9,200 9,300
JSMR 4,470 Speculative Buy 4,300 4,410 4,600 4,720
PWON 610 Sell on Strength 555 590 620 645
TLKM 4,420 Sell on Strength 4,090 4,250 4,550 4,710

*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 31 March 2017

S2 S1 IDX R1 R2
5,550 5,575   5,593.0 5,625 5,650
  • Dow Jones closed 0.33% higher backed by banking sector. US GDP growth data revealed 2.1% expansion during 4Q 2016, above 2% growth expected.
  • Date released support crude oil price to trade above US$ 50 / barrel.
  • Regional bourses traded mixed this morning
  • We expect IDX to trade mixed with positive tendency today.
BBCA

Sell on Strength

S2 S1 Level R1 R2
16,200 16,500 16,825 17,000 17,200

BBCA ended the trading positively near its diagonal resistance with a high enough volume and an overbought RSI trend that could limit the upswing.

BBNI

Sell on Strength

S2 S1 Level R1 R2
6,000 6,200 6,375 6,600 6,900

BBNI was in the negative side with a bearish engulfing formation and a high enough volume indicating another weak movement.

PWON

Sell on Strength

S2 S1 Level R1 R2
560 580 595 640 665

PWON closed the session lower with a bearish engulfing formation and a high enough volume suggesting a further downturn.

TINS

Trading Buy

S2 S1 Level R1 R2
875 930 975 1,005 1,075

TINS took an upside tur n with the break on its resistance of an uptrend channel supported by a high enough volume indicating 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 31 March 2017

Dow Jones naik 69.1 poin (+0.33%) ditutup pada level 20,728.5 yang didukung oleh sektor perbankan. Data pertumbuhan GDP Amerika tercatat sebesar 2.1% pada 4Q 2016 (diatas perkiraan sebelumnya 2%) turut menopang kenaikan indeks saham. Data GDP tersebut juga menopang harga minyak sehingga Nymex crude kembali naik menembus level US$ 50 / barrel.

Stock Closing Rec. S2 S1 R1 R2
BBCA 16,825 Sell on Strength 16,200 16,500 17,000 17,200
BBNI 6,375 Sell on Strength 6,000 6,200 6,600 6,900
PWON 595 Sell on Strength 560 580 640 665
TINS 975 Trading Buy 875 930 1,005 1,075

*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 March 2017

kiwoom-research-jumat

S2 S1 IDX R1 R2
5,347 5,372   5,408.2 5,431 5,458
  • Weak Dow Jones and several regional markets would send in the unfavorable pressure.
  • The IDX moved higher supported by appearing foreign buying interest yesterday. But so, a formation of a doji would indicate a not so strong upside momentum.
  • So, we predict that the IDX would move in the negative side today.
AISA

Trading buy

S2 S1 Level R1 R2
1,870 1,950 2,150 2,190 2,270

AISA ended the session with a long white candle and a high volume suggesting a further upside opportunity.

JSMR

Trading buy

S2 S1 Level R1 R2
3,330 3,450 3,470 3,590 3,710

JSMR managed a rebound followed by a bullish engulfing pattern suggesting another favorable potential.

KLBF

Buy on weakness

S2 S1 Level R1 R2
1,350 1,420 1,475 1,565 1,630

KLBF closed the trading ne g a tively near its long term diagonal with a thin volume so that any further downturn maybe in a limited range.

Buy on weakness

S2 S1 Level R1 R2
535 560 575 595 620

PWON moved in the negative territory followed by a long black candle pattern creating a further downside 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 03 March 2017

kiwoom-trader-jumat

Dow Jones Industrial Average melemah 112.58 poin, atau 0.53%, pada 21,002.97. Nasdaq Composite juga turun 42.81 poin, atau 0.73%, pada 5,861.22. Wall Street terkoreksi pada hari Kamis dipicu kasus Caterpillar dan melemahnya sektor keuangan.

Stock Closing Rec. S2 S1 R1 R2
AISA 2,150 Trading buy 1,870 1,950 2,190 2,270
JSMR 3,470 Trading buy 3,330 3,450 3,590 3,710
KLBF 1,475 Buy on weakness 1,350 1,420 1,565 1,630
PWON 575 Buy on weakness 535 560 595 620

Best Regards,

*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.