Daily Research 18 October 2017

 

S2 S1 IDX R1 R2
5,863.9 5,914.3 5,947.3 5,967.1 6,000
  • Dow Jones closed 40.5 point higher at fresh new high 22,997.4 levels backed by positive sentiments over US earnings season.
  • Regional market traded sideways this morning due to lack of positive catalyst.\
  • IDX’s candlestick formed “hanging man” pattern yesterday although the market pressured by large net sell position from foreign investors. As it formed at the top of a strong uptrend channel, it may send false signal.
  • In all we expect IDX to trade sideways with negative tendency today.
ASII

Buy on weakness

S2 S1 Level R1 R2
7,775 8,025 8,250 8,475 8,675

ASII was in the negative side but with a close near its horizontal support that could limit the downturn movement.

BMTR

Sell on Strength

S2 S1 Level R1 R2
515 575 610 620 655

BMTR moved higher considerably but with a close near its resistance that could trim another positive movement.

ADHI

Sell on strength

S2 S1 Level R1 R2
800 840 870 880 950

ERAA closed the session higher with declining volume suggesting a limited upside potential.

SCMA

Buy on weakness

S2 S1 Level R1 R2
1,960 2,080 2,130 2,190 2,310

SCMA was on the weak s ide near its horizontal support that could possibly lead to a limited 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.

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Kiwoom Trader 18 October 2017


Pasar Eropa cenderung menurun namun Dow Jones berhasil naik 40.5 poin ditutup pada level tertinggi baru 22,997.4 didukung sentimen positif kinerja keuangan perusahaan Amerika. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG tutup dekat dengan level tertinggi sebelumnya pada level 5,951 dengan candlestick membentuk pola hanging man. Namun demikian formasi candlestick yang terbentuk di puncak tren berpotensi memberi sinyal yang rancu ditengah tingginya aksi jual investor asing kemarin. Oleh karena itu kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,250 Buy on weakness 7,775 8,025 8,475 8,675
BMTR 610 Sell on Strength 515 575 620 655
ERAA 870 Sell on Strength 800 840 880 950
SCMA 2,130 Buy on weakness 1,960 2,060 2,190 2,310

*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 10 October 2017

 

S2 S1 IDX R1 R2
5,855.1 5,884.6   5,914.9 5,939.5 5,970
  • Dow Jones closed 12.6 point lower at 22,761.1 level ahead of 9M 2017 earnings.
  • Regional market traded sideways this morning due to lack of new catalysts.
  • IDX traded slightly up as foreign investors remained net seller on Indonesian equities.
  • In all we expect IDX to trade mixed today.
EXCL

Buy on Weakness

S2 S1 Level R1 R2
3,420 3,590 3,640 3,850 4,050

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

JPFA

Trading Buy

S2 S1 Level R1 R2
1,145 1,210 1,330 1,370 1,430

JPFA closed the session higher after break above horizontal resistance with higher volume indicating another upside potential.

PTPP

Buy on Weakness

S2 S1 Level R1 R2
2,290 2,480 2,600 2,710 2,850

PTPP ended the trading negatively followed by a long black candle but with the presence of several supports that could expectedly slow down the downswing.

SCMA

Trading Buy

S2 S1 Level R1 R2
1,990 2,090 2,170 2,270 2,410

SCMA moved in the positive side with a bullish engulfing pattern with a increase volume indicating another 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.

Kiwoom Trader 10 October 2017


Pasar Eropa dan Amerika bergerak mixed kemarin. Dow Jones turun 12.6 poin ditutup pada level 22,761.1 menjelang keluarnya kinerja keuangan perusahaan 9M 2017. Bursa kawasan regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG sedikit naik namun masih dibayangi aksi jual investor asing. Kami memperkirakan IHSG bergerak mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
EXCL 3,640 Buy on Weakness 3,420 3,590 3,850 4,050
JPFA 1,330 Trading Buy 1,145 1,210 1,370 1,430
PTPP 2,600 Buy on Weakness 2,290 2,480 2,710 2,850
SCMA 2,170 Trading Buy 1,990 2,090 2,270 2,410

*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 20 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,901.3 5,914.0 5,950
  • Dow Jones closed 0.2% higher at fresh new high at 22,370.8 level.
  • Regional market traded slightly negative this morning. EIDO closed 1% higher at 27.08 may send some positive boost for IDX on the morning session.
  • IDX closed higher near 5,915 all-time high backed by large cap stocks despite the fact that foreign investors keep booked net sell positions at the IDX.
  • We expect IDX to trade mixed with positive tendency today as the market anticipate the Fed not making adjustment on interest rate during this FOMC meeting.
BMTR

Sell on Strength

S2 S1 Level R1 R2
450 498 545 555 600

BMTR moved up quite significantly supported by a high enough volume. But so, its recent high would have the chance to limit the gaining turn.

MEDC

Trading Buy

S2 S1 Level R1 R2
650 740 845 860 910

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

RALS

Trading Buy

S2 S1 Level R1 R2
825 895 980 1,045 1,110

RALS ended the trading positively after break above its diagonal resistance with high enough volume indicating another upside potential.

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,050 2,240 2,330 2,410 2,580

SCMA was on an upside turn with the presences of resistance that could limit the positive 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 20 September 2017



Bursa Eropa dan Amerika ditutup positif seiring dimulainya rapat FOMC 19-20 September. Dow Jones naik 0.2% ditutup pada level tertinggi baru 22,370.8. EIDO naik 1% ditutup pada level 27.08 diharapkan dapat menopang IHSG di awal perdagangan hari ini. Bursa regional diperdagangkan sedikit turun pagi ini. IHSG naik mendekati level tertinggi 5,915 didukung saham-saham berkapitalisasi pasar tinggi walaupin investor asing masih membukukan posisi jual bersih. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini menjelang libur besok serta antisipasi the Fed yang tidak mengubah kebijakan suku bunga dalam rapat FOMC kali ini.

Stock Closing Rec. S2 S1 R1 R2
BMTR 545 Sell on Strength 450 498 555 600
MEDC 845 Trading Buy 650 740 860 910
RALS 980 Trading Buy 825 895 1,045 1,110
SCMA 2,330 Sell on Strength 2,050 2,240 2,410 2,580

*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 12 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,871.9 5,914.0 5,950
  • Dow Jones closed 1.2% higher at 22,057.37 levels as negative impact of hurricane Irma seemed lower than previously anticipated.
  • EIDO closed 1.4% higher at 27.33 levels which could send some positive signals for IDX despite the continuation of selling pressure from foreign investors.
  • IDX traded up yesterday, however with upside gap and inverted hammer candlestick, this positive trend may not last long and thus we may expect sudden market reversal.
  • We expect IDX to trade positive today backed by positive sentiments from regional market and currency appreciation.
BEST

Trading Buy

S2 S1 Level R1 R2
220 244 262 280 300

BEST ended the session down with a long black candle but with the presence of its horizontal support which expectedly limit the downside movement.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,330 1,365 1,410 1,460 1,490

LSIP closed the session higher after break above its diagonal resistance with high enough volume indicating another upside potential.

PTPP

Speculative Buy

S2 S1 Level R1 R2
2,400 2,550 2,620 2,700 2,890

PTPP managed to take a slight upside turn with a doji and a high enough volume after taking downturn lately in which could potentially create a technical rebound.

SCMA

Speculative Buy

S2 S1 Level R1 R2
1,800 1,900 1,990 2,140 2,240

SCMA ended the trading negatively in diagonal support with a thin volume and oversold RSI trend that could dampen a further 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.