Daily Research 13 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,691.4 5,770.6 5,837.2
  • Dow Jones closed 36.3 point lower at 21,235.67 levels.
  • Regional bourses traded mixed this morning ahead of FOMC meeting on 13-14 June as we expect the Fed to lift Fed Fund Rate by 25 basis points on the meeting.
  • IDX rebound yesterday with candlestick formed piercing pattern which indicates another upside potential today.
  • We expect IDX to trade mixed with positive tendency today as investors tend to wait and see ahead of the scheduled 13-14 June FOMC meeting and BI’s Board of
    Governor meeting on 14-15 June.
GGRM

Sell on Strength

S2 S1 Level R1 R2
72,750 74,400 77,750 78,500 80,000

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

GJTL

Buy on Weakness

S2 S1 Level R1 R2
1,020 1,100 1,120 1,195 1,295

GJTL continued the weak turn but with the presences of several supports that could slow down the current downswing.

KLBF

Buy on Weakness

S2 S1 Level R1 R2
1,490 1,520 1,535 1,585 1,620

KLBF ended the trading negatively with bearish engulfing pattern without volume and a presence of its support levels that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
8,975 9,400 9,650 9,825 10,150

SMGR edged higher but with a position near its rather strong horizontal resistance possibly trimming a further 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 13 June 2017

Dow Jones turun 36.3 poin ditutup pada level 21,235.67. EIDO naik 0.64% ditutup pada level 26.83 hari Senin. Bursa regional diperdagangkan mixed hari ini menjelang rapat FOMC 13-14 Juni. Kami memperkirakan the Fed menaikkan tingkat bunga acuan (Fed Fund Rate) sebesar 25 basis poin dalam rapat FOMC minggu ini. IHSG sedikit rebound kemarin dengan candlestick membentuk pola piercing yang mengindikasikan potensi berlanjutnya rebound hari ini. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan positif hari ini ditengah aksi wait and see investor menjelang rapat FOMC 13-14 Juni dan RDG pada 14-15 Juni.

Stock Closing Rec. S2 S1 R1 R2
GGRM 77,750 Sell on Strength 72,750 74,400 78,500 80,000
GJTL 1,120 Buy on Weakness 1,020 1,100 1,195 1,295
KLBF 1,535 Buy on Weakness 1,490 1,520 1,585 1,620
SMGR 9,650 Sell on Strength 8,975 9,400 9,825 10,150

*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 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,675.5 5,770.6 5,837.2
  • Dow Jones closed 89.4 point higher at all-time high 21,271.97 levels as market digests former FBI Director’s testimony with the Senate.
  • EIDO closed 1.2% lower at 26.66 last Friday.
  • IDX closed below strong diagonal support line, which also breaks below its recent low level, as foreign investors realized profits.
  • We expect IDX to trade in negative territory today.
BBCA

Buy on Weakness

S2 S1 Level R1 R2
16,550 17,075 17,700 18,500 19,000

 

BBCA closed the session lower near diagonal support with a thin volume that could dampen a further downside movement.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,290 2,340 2,430 2,540

 

PGAS still carried on the downside turn but only with a thin volume so that any further downturn maybe in a limited range.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,600 8,900 9,375 9,575 9,825

 

SMGR ended the trading positively followed with a high volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
44,900 46,175 47,550 48,000 50,025

UNVR edged higher nearing its horizontal resistance on Friday in which suggesting that another upside movement maybe in a limited range.

* 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 12 June 2017

 

Dow Jones naik 89.4 poin ditutup pada level tertinggi baru 21,271.97 setelah dengar pendapat mantan Direktur FBI dengan Senat. EIDO turun 1.2% pada level 26.66 hari Jumat. IHSG turun menembus garis diagonal support kuat, tutup di bawah level terendah sebelumnya seiring aksi profit taking investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 17,700 Buy on Weakness 16,550 17,075 18,500 19,000
PGAS 2,340 Buy on Weakness 2,200 2,290 2,430 2,540
SMGR 9,375 Trading Buy 8,600 8,900 9,575 9,825
UNVR 47,550 Sell on Strength 44,900 46,175 48,000 50,025

*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 23 May 2017

S2 S1 IDX R1 R2
5,643.5 5,697.1   5,749.4 5,850.0 5,900.0
  • Dow Jones closed 90 point higher at 20,894.8 levels yesterday. EIDO closed 0.66% lower at 27.21 levels.
  • Regional bourses traded sideways this morning following an incident at Manchester arena (UK) linked with terrorism.
  • Profit taking actions by investors pushed IDX lower as it fail to break strong diagonal resistance line.
  • We expect IDX to trade lower today as investors tend to lock their profits.
BEST

Sell on Strength

S2 S1 Level R1 R2
266 282 300 306 318

BEST was in the positive side but with a closer near its diagonal resistance that could limit upswing.

BNGA

Sell on Strength

S2 S1 Level R1 R2
1,155 1,215 1,260 1,320 1,400

BNGA was in the negative side with a shooting star formation after fail to break above its diagonal resistance that trend indicating a further downturn.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,900 9,100 9,400 9,575 9,825

SMGR ended trading positive in horizontal resistance area with high volume. A break above horizontal resistance may send SMGR higher to test resistance levels.

WSKT

Trading Buy

S2 S1 Level R1 R2
2,230 2,300 2,420 2,490 2,560

WSKT closed the session higher above its diagonal resistance with increasing trading 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 23 May 2017

Dow Jones naik 90 poin ditutup pada level 20,894.8 kemarin. EIDO turun 0.66% pada level 27.21. Bursa regional pagi ini diperdagangkan sideways seiring berita insiden ledakan terkait terorisme di Manchester (Inggris). Aksi profit taking investor memicu penurunan IHSG kemarin sehingga gagal menembus ke atas garis diagonal resisten kuat. Kami memperkirakan IHSG kembali bergerak cenderung melemah seiring berlanjutnya aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BEST 300 Sell on Strength 266 282 306 318
BNGA 1,260 Sell on Strength 1,155 1,215 1,320 1,400
SMGR 9,400 Trading Buy 8,900 9,100 9,575 9,825
WSKT 2,420 Trading Buy 2,230 2,300 2,490 2,560

*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 16 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,688.9 5,715.1 5,750
  • Dow Jones closed 0.4% higher at 20,981.9 levels backed by rebound in crude oil price and tech sector.
  • Regional bourses traded positive this morning backed by positive sentiments from Dow.
  • IDX’s candlestick formed morningstar pattern yesterday near strong diagonal resistance.
  • IDX has upside potential today to test its all-time high at 5,726 levels.
ACES

Speculative Buy

S2 S1 Level R1 R2
910 935 950 1,000 1,025

ACES closed the session negative near diagonal support with a thin volume that could dampen a further downside movement.

BBRI

Sell on Strength

S2 S1 Level R1 R2
13,500 14,000 14,300 14,500 15,000

BBRI closed the session higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

ISAT

Sell on Strength

S2 S1 Level R1 R2
7,000 7,125 7,350 7,500 7,700

ISAT in the positive side near diagonal resistance with a thin volume that could limit the upside turn.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,300 8,600 8,900 9,175 9,400

SMGR ended the trading p o si tively above its diagonal resistance with a 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.