Daily Research 10 August 2017

S2 S1 IDX R1 R2
5,749.3 5,780.6   5,824.0 5,865.4 5,910.2
  • Dow Jones closed 36.6 point lower at 22,048.7 levels on rising geopolitical risks triggered by North Korea’s nuclear weapon capabilities. European bourses
    closed lower yesterday.
  • Regional bourses traded slightly positive this morning after having technical correction yesterday.
  • IDX closed higher on pre-close session yesterday and closed at its strong diagonal resistance line which may trigger price correction today.
  • We expect IDX to trade on negative territory today.
MAPI

Sell on strength

S2 S1 Level R1 R2
6,150 6,450 6,700 6,800 7,200

MAPI edged higher but with a position near its rather strong horizontal resistance possibly trimming a further upside potential.

SCMA

Trading Buy

S2 S1 Level R1 R2
2,170 2,300 2,390 2,470 2,600

SCMA was in the positive side with a full white candle with a high enough volume suggesting another upside opportunity.

TINS

Trading buy

S2 S1 Level R1 R2
745 785 860 900 950

TINS closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

WIKA

Trading Buy

S2 S1 Level R1 R2
1,900 1,950 2,070 2,170 2,240

WIKA ended the trading positively with high enough 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.

Kiwoom Trader 10 August 2017

Dow Jones turun 36.6 poin ditutup pada level 22,048.7 ditengah kekuatiran dunia atas memanasnya risiko geopolitik global terkait kebijakan persenjataan nuklir Korea Utara. Bursa Eropa ditutup turun kemarin. Bursa kawasan regional diperdagangkan sedikit naik hari ini setelah mengalami penurunan kemarin. IHSG naik pada akhir sesi perdagangan kemarin ditutup pada garis diagonal resisten kuat. IHSG berpotensi mengalami koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
MAPI 6,700 Sell on Strength 6,150 6,450 6,800 7,200
SCMA 2,390 Trading Buy 2,170 2,300 2,470 2,600
TINS 860 Trading Buy 745 785 900 950
WIKA 2,070 Trading Buy 1,900 1,950 2,170 2,240

*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 08 August 2017

S2 S1 IDX R1 R2
5,606.7 5,726.5   5,777.5 5,792.8 5,849.5
  • Dow Jones closed 25.6 point higher at fresh new high 22,118.4 levels backed by Boeing and Goldman Sachs stocks.
  • Regional bourses traded mixed with positive tendency this morning.
  • IDX traded down below its recent low, and thus it may send some negative sentiments today.
  • We expect IDX to trade negative today as investors tend to “wait and see” more economic data to be released by the central bank this week.
BJBR

Trading buy

S2 S1 Level R1 R2
1,960 2,070 2,250 2,450 2,700

BJBR ended the session higher with a long white candle and a strong volume suggesting a favorable potential.

MIKA

Sell on strength

S2 S1 Level R1 R2
2,060 2,180 2,260 2,360 2,520

MIKA was in the negative side with a bearish engulfing pattern after failing to break its recent high suggesting another weak potential.

SCMA

Buy on weakness

S2 S1 Level R1 R2
2,170 2,520 2,300 2,410 2,540

SCMA moved down during the last several days with an increasing volume but with the presences of several supports that could slow down the downturn.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,850 10,200 10,575 10,700 11,225

SMGR managed to take a favorable turn with a bullish engulfing pattern but with a closer near horizontal resistance possibly limiting the 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 08 August 2017

Dow Jones naik 25.6 poin ditutup pada level tertinggi baru 22,118.4 didukung saham Boeing dan Goldman Sachs. Bursa regional diperdagangkan mixed cenderung positif pagi ini. IHSG turun kemarin ditutup dibawah level terendah sebelumnya sehingga berpotensi melanjutkan penurunan hari ini. Inevstor masih terlihat mencermati data 2Q 2017 GDP kemarin dan masih menunggu rilis data-data ekonomi yang akan diluncurkan BI minggu ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,250 Trading Buy 1,960 2,070 2,450 2,700
MIKA 2,260 Sell on Strength 2,060 2,180 2,360 2,520
SCMA 2,300 Buy on weakness 2,170 2,280 2,410 2,540
SMGR 10,575 Sell on Strength 9,850 10,020 10,575 11,225

*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 28 July 2017

S2 S1 IDX R1 R2
5,647.4 5,723.6   5,819.7 5,846.6 5,910.2
  • Dow Jones closed 85.54 point higher at 21,796.55 levels backed by strong 1H 2017 financial results. EIDO closed 0.85% lower at 26.72 levels.
  • Regional bourses traded slightly lower this morning although commodity prices remained strong.
  • IDX traded higher yesterday but it still closed at strong diagonal resistance line.
  • We expect IDX to trade mixed with negative tendency today.
BBNI

Sell on Strength

S2 S1 Level R1 R2
6,850 7,025 7,300 7,400 7,500

BBNI closed the session all time high with a thin volume and overbought RSI Trend that could limit the upswing.

MIKA

Sell on Strength

S2 S1 Level R1 R2
1,930 2,050 2,150 2,180 2,280

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

PTPP

Buy on Weakness

S2 S1 Level R1 R2
2,600 2,710 2,870 2,980 3,210

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

SCMA

Trading Buy

S2 S1 Level R1 R2
2,050 2,130 2,270 2,350 2,450

SCMA ended the trading positively with a bullish harami pattern and also supported by a high 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.

Kiwoom Trader 28 July 2017

Dow Jones naik 85.54 poin ditutup pada level 21,796.55 masih didukung sentimen kinerja keuangan 1H 2017. EIDO turun 0.85% ditutup pada level 26.72. Bursa regional diperdagangkan sedikit menurun hari ini ditengah masih kuatnya harga komoditas. IHSG sedikit naik kemarin namun penutupan masih dibawah garis diagonal resisten kuat. Kami memperkirakan IHSG bergerak mendatar cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBNI 7,300 Sell on Strength 6,850 7,025 7,400 7,500
MIKA 2,150 Sell on Strength 1,930 2,050 2,180 2,280
PTPP 2,870 Buy on Weakness 2,600 2,710 2,980 3,210
SCMA 2,270 Trading Buy 2,050 2,130 2,350 2,450

*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 14 July 2017

 

Dow Jones naik 0.1% pada level 21,553.1. Yield obligasi Pemerintah Amerika Serikat dan Jerman naik seiring dimulainya pembicaraan tapering yang akan dilakukan ECB. Harga minyak cenderung naik didukung berkurangnya tingkat persediaan minyak Amerika serta kuatnya permintaan energi dari China. IHSG naik kemarin dengan upside gap serta candlestick membentuk pola hanging man. IHSG rentan mengalami koreksi hari ini ditengah masih cukup tingginya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBTN 2,450 Sell on Strength 2,280 2,390 2,560 2,680
BMRI 13,400 Sell on Strength 12,500 12,900 13,500 14,100
ITMG 19,675 Sell on Strength 17,300 18,650 20,450 21,550
SCMA 2,280 Speculative Buy 2,130 2,220 2,450 2,540

*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,