Daily Research 10 January 2018

S2 S1 IDX R1 R2
6,181.9 6,279.5 6,373.1 6,445.9 6,500.0
  • European and American market traded higher with Dow Jones up 102.8 points at fresh new high 25,385.8. Regional market traded flat today as investors tend to realize profits.
  • Crude oil settled higher at US$ 63.4 per barrel even though US Dollar Index increased slightly.
  • IDX’s candlestick formed “dark cloud cover” yesterday which may indicate potential correction today.
  • In all we expect IDX to trade lower today to test its support levels.
GGRM

Sell on Strength

S2 S1 Level R1 R2
76,000 78,400 81,600 84,775 87,000

GGRM was on the weak side followed by a long black candle indicating a still weak potential.

ISAT

Sell on Strength

S2 S1 Level R1 R2
4,750 5,000 5,475 5,610 6,000

ISAT closed the session higher near its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

PTPP

Sell on Strength

S2 S1 Level R1 R2
2,575 2,670 2,730 2,780 2,900

PTBA was still in positive side but with a close near its recent high that could limit the upside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
10,500 10,750 11,200 11,280 11,500

SMGR ended the trading positively after break above resistance with a thin volume and overbought RSI trend that could limit the upside turn.

* 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 10 January 2018


Pasar Eropa dan Amerika ditutup naik dengan Dow Jones naik 102.8 poin ditutup pada level tertinggi baru 25,385.8. Bursa regional diperdagangkan cenderung mendatar pagi ini dibayangi aksi profit taking. Harga minyak mentah dunia naik ke level US$ 63.4 per barrel walaupun US Dollar Index sedikit naik. Candlestick IHSG membentuk pola “dark cloud cover” kemarin, mengindikasikan potensi pelemahan hari ini seiring aksi profit taking para investor. Kami memperkirakan IHSG bergerak cenderung menurun hari ini untuk menguji level-level supportnya. Aksi beli selektif investor asing diharapkan dapat menopang IHSG.

Stock Closing Rec. S2 S1 R1 R2
GGRM 81,600 Sell on Strength 76,000 78,400 84,775 87,000
ISAT 5,475 Sell on Strength 4,750 5,000 5,610 6,000
PTBA 2,730 Sell on Strength 2,575 2,670 2,780 2,900
SMGR 11,200 Sell on Strength 10,500 10,750 11,280 11,500

*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 05 January 2018

S2 S1 IDX R1 R2
6,109.5 6,181.9 6,292.3 6,366.1 6,445.9
  • Dow Jones booked another record high at 25,075 level (+0.6%). Regional market opened positive backed by strong European and American trading sessions.
  • World energy prices such as coal and crude oil remained firm at high levels, expected to continue support IDX’s commodity sector.
  • IDX on a technical rebound yesterday after managed to close an upside gap formed last year.
  • Backed by positive regional market, IDX may continue its uptrend channel and challenge all-time levels as investors tend to prepare for “January effect”.
ACES

Trading Buy

S2 S1 Level R1 R2
1,055 1,100 1,250 1,290 1,350

ACES closed the session higher with long white candle pattern and followed by high enough volume indicating another upside potential.

ADRO

Trading Buy

S2 S1 Level R1 R2
1,710 1,775 1,915 1,955 2,000

ADRO ended the trading positively with long white  candle pattern after break above diagonal resistance with higher volume indicating another upside potential.

SMGR

Hold

S2 S1 Level R1 R2
10,250 10,675 11,000 11,100 11,500

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

WSKT

Trading Buy

S2 S1 Level R1 R2
2,080 2,160 2,290 2,390 2,500

WSKT ended trading positively with long white candle after break above resistance with higher 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 05 January 2018


Bursa Eropa dan Amerika diperdagangkan positif dengan Dow Jones membukukan level tertinggi baru pada level 25,075 (+0.6%). Sentimen positif tersebut mendukung perdagangan bursa regional yang dibuka cukup positif pagi ini. Harga energi dunia seperti minyak mentah dan batubara bertahan pada level yang cukup tinggi, diharapkan dapat kembali menopang sentimen pasar untuk sektor komoditas hari ini. IHSG mengalami teknikal rebound setelah menutup gap naik yang terjadi akhir tahun lalu. Ditopang sentimen bursa regional IHSG berpotensi kembali melanjutkan penguatan menguji level tertinggi sebelumnya ditengah antisipasi investor menyambut “January effect”.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,250 Trading Buy 1,055 1,100 1,290 1,350
ADRO 1,915 Trading Buy 1,710 1,775 1,955 2,000
SMGR 11,000 Hold 10,250 10,675 11,100 11,500
WSKT 2,290 Trading Buy 2,080 2,160 2,390 2,500

*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 29 December 2017


Indeks saham AS bergerak lebih tinggi menuju rekor tertinggi barunya, sementara indeks saham Eropa bergerak mix cenderung melemah di tengah volume perdagangan yang menipis menuju akhir tahun. Nikkei 225 dibuka lebih tinggi pagi ini, sementara All Ordinaries lebih rendah. Penguatan yang sudah cukup signifikan pada IHSG membuatnya rawan terhadap aksi ambil untung meskipun masih ada peluang untuk menguat terbatas karena momentum yang masih positif. Support 6250 resistance 6375.

Stock Closing Rec. S2 S1 R1 R2
BMRI 7,950 Sell on Strength 7,325 7,525 8,100 8,300
CPIN 3,330 Sell on Strength 3,080 3,180 3,400 3,530
SMGR 10,200 Sell on Strength 9,550 9,900 10,300 10,575
TLKM 4,390 Sell on Strength 4,200 4,300 4,440 4,520

*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 15 December 2017

S2 S1 IDX R1 R2
6,021.1 6,055.9 6,113.7 6,120.0 6,150.0
  • US and European stocks move lower after several US Republican senators expressed disagreement with the Tax Reform Bill.
  • Kospi opened higher this morning, while Nikkei 225 and All Ordinaries lower.
  • JCI managed to close at its new highs along with global market after Fed rate increase.
  • Watch out for profit taking today, support at 6,050 and resistance 6,170. Bank Indonesia yesterday kept RR Rate at 4.25%.
KLBF

Trading Buy

S2 S1 Level R1 R2
1,590 1,640 1,695 1,730 1,775

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

PTPP

Trading Buy

S2 S1 Level R1 R2
2,290 2,460 2,620 2,720 2,830

PTPP ended the trading positively with high enough volume indicating another upside potential.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,350 9,700 9,950 10,150 10,500

SMGR still moved up but with a close horizontal resistance that could limit gain.

ITMG

Buy on Weakness

S2 S1 Level R1 R2
19,450 20,250 20,775 22,200 23,000

ITMG ended the trading negatively near its diagonal support area with a thin volume suggesting a limited 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 15 December 2017


Indeks saham AS dan Eropa bergerak lebih rendah setelah beberapa senator Partai Republik AS menyatakan ketidaksetujuannya dengan RUU Reformasi Pajak. Indeks Kospi dibuka lebih tinggi pagi ini, sementara Nikkei 225 dan All Ordinaries lebih rendah. IHSG berhasil ditutup pada level tertinggi barunya seiring dengan kenaikan bursa global pasca kenaikan suku bunga The Fed. Waspada aksi profit taking hari ini, support 6050, resistance 6170. Bank Indonesia kemarin mempertahankan suku bunga RR Rate 4.25%.

Stock Closing Rec. S2 S1 R1 R2
KLBF 1,695 Trading Buy 1,590 1,640 1,730 1,775
PTPP 2,620 Trading Buy 2,290 2,460 2,720 2,830
SMGR 9,950 Sell on Strength 9,350 9,700 10,150 10,500
WIKA 1,575 Trading Buy 1,400 1,505 1,680 1,800

*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,