Daily Research 09 October 2017

 

S2 S1 IDX R1 R2
5,855.1 5,884.6   5,905.4 5,939.5 5,970
  • Dow Jones closed 1.7 point lower at 22,773.7 levels.
  • Crude oil price dropped 3% closed at US$ 49.3 per barrel last Friday as US Dollar index increased, which also depreciate Rupiah to around IDR 13,500 per US$ this
    morning.
  • EIDO closed 1.2% lower last Friday at 26.51 levels, which could send some negative sentiments for IDX this morning.
  • IDX’s candlestick formed bullish harami pattern which also closed on its strong diagonal support line, thus creates an opportunity for technical rebound today.
  • However we expect IDX to trade mixed today as foreign investors still booked strong net outflows last week.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,160 1,220 1,290 1,300 1,350

ACES closed the session higher with long white candle pattern without supported by volume and overbought RSI trend that could limit the upswing.

RALS

Trading Buy

S2 S1 Level R1 R2
800 895 965 1,045 1,100

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

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,950 10,375 10,700 10,975 11,500

SMGR are relatively up but with a closer near its recent high in which could trim the upside turn.

UNVR

Buy on Weakness

S2 S1 Level R1 R2
48,100 48,975 49,975 51,000 52,000

UNVR ended the trading negatively near its long term diagonal support 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.

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Kiwoom Trader 09 October 2017


Pasar Eropa dan Amerika bergerak mixed akhir pekan lalu. Dow Jones turun 1.7 poin ditutup pada level 22,773.7. Harga minyak dunia turun hampir 3% ditutup pada level US$ 49.3 per barrel hari Jumat dipicu kenaikan US Dollar index yang turut menekan Rupiah menjadi kisaran Rp 13,500 per US$ pagi hari ini. EIDO turun 1.2% hari Jumat pada level 26.51 berpotensi menekan perdagangan IHSG pada sesi pembukaan hari ini. Candlestick IHSG terlihat membentuk pola bullish harami ditutup pada garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian masih berlanjutnya aksi jual investor asing dapat membatasi potensi penguatan sehingga kami memperkirakan IHSG bergerak pada kisaran mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,290 Sell on Strength 1,160 1,220 1,300 1,350
RALS 965 Trading Buy 800 895 1,045 1,100
SMGR 10,700 Sell on Strength 9,950 10,375 10,975 11,500
UNVR 49,975 Buy on Weakness 48,100 48,975 51,000 52,000

*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 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,8093   5,863.0 5,914.0 5,950
  • Dow Jones closed 0.25% higher at 22,340.7 levels backed by positive sentiments on US Government tax reform package.
  • Regional market traded in positive territory this morning.
  • IDX’s candlestick formed hammer pattern which also closed at strong diagonal support line.
  • We expect IDX to trade positive today to anticipate potential technical rebound as well as end of September window dressing.
BRPT

Sell on Strength

S2 S1 Level R1 R2
1,820 2,000 2,120 2,210 2,300

BRPT was stil in the negative territory with the break on support in the middle of a high enough volume indicating a further downside potential.

KLBF

Sell on Strength

S2 S1 Level R1 R2
1,625 1,680 1,740 1,750 1,800

KLBF was in the positive territory but with a position its diagonal resistance that could limit the upside opportunity.

MEDC

Speculative Buy

S2 S1 Level R1 R2
650 720 780 860 910

MEDC closed the session lower with high enough  volume near its diagonal support that could dampen a further downside movement.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,200 9,500 9,625 10,125 10,350

SMGR ended the trading negatively after break below its diagonal support with higher volume indicating a further downturn.

* 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 September 2017


Bursa Eropa dan Amerika diperdagangkan mixed dengan Dow Jones naik 0.25% ditutup pada level 22,340.7 didukung antusiasme pasar atas rencana reformasi pajak yang diajukan Pemerintah Amerika. Bursa regional diperdagangkan cenderung positif pagi ini. Candlestick IHSG membentuk pola hammer kemarin ditutup tepat pada garis diagonal support kuat. Kami memperkirakan IHSG bergerak cenderung positif pagi ini ditengah potensi teknikal rebound menjelang window dressing akhir bulan September.

Stock Closing Rec. S2 S1 R1 R2
BRPT 2,120 Sell on Strength 1,820 2,000 2,210 2,300
KLBF 1,740 Sell on Strength 1,625 1,680 1,750 1,800
MEDC 780 Speculative Buy 650 720 860 910
SMGR 9,625 Sell on Strength 9,200 9,500 10,125 10,350

*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 19 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,884.6 5,914.0 5,950
  • Dow Jones closed 63 point higher at fresh new high  at 22,331.35 ahead of 19-20 September FOMC.
  • Regional market traded positive this morning, may send some positive momentum for IDX today.
  • IDX closed above its previous high and seemed to challenge its previous all-time high 5,915 levels. A break above that level may trigger some positive momentum.
  • We expect IDX to trade in positive territory today.
ASRI

Trading Buy

S2 S1 Level R1 R2
335 360 402 416 442

ASRI ended the trading positively with a long white candle pattern and followed by higher volume indicating another upside potential.

PTBA

Trading Buy

S2 S1 Level R1 R2
8,200 9,175 10,375 10,725 11,750

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

PTPP

Trading Buy

S2 S1 Level R1 R2
2,300 2,400 2,480 2,620 2,790

PTPP ended the trading higher with a bullish engulfing formation and a high enough volume indicating a further favorable opportunity.

SMGR

Buy on Weakness

S2 S1 Level R1 R2
9,200 9,700 10,000 10,300 10,700

SMGR ended the session down with a long black candle pattern but with the presence of its horizontal support which expectedly limit the 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.

Kiwoom Trader 19 September 2017



Bursa Eropa dan Amerika diperdagangkan positif dengan Dow membukukan kenaikan 63 poin ditutup pada level tertinggi baru 22,331.35 menjelang rapat FOMC 19-20 September. Bursa kawasan regional diperdagangkan cenderung positif pagi ini diharapkan dapat memberi sentimen positif terhadap IHSG. IHSG ditutup naik diatas level tertinggi sebelumnya dan berpotensi menguji level tertinggi 5,915. Penembusan ke atas level tersebut berpotensi memicu penguatan lanjutan. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ASRI 402 Trading Buy 335 360 416 442
PTBA 10,375 Trading Buy 8,200 9,175 10,725 11,750
PTPP 2,480 Trading Buy 2,300 2,400 2,620 2,790
SMGR 10,000 Buy on Weakness 9,200 9,700 10,300 10,700

*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 11 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,857.1 5,914.0 5,950
  • Dow Jones closed 13 point higher, closed at  21,797.79 levels last Friday although dragged by insurer stocks ahead of hurricane Irma.
  • Regional market traded positive as Nikkei225 lead with 0.9% gain this morning.
  • IDX closed higher last Friday despite continuation of foreign net sell on Indonesian equities.
  • Backed by regional market we expect IDX to trade in positive territory today.
APLN

Sell on Strength

S2 S1 Level R1 R2
238 254 270 300 318

APLN ended the trading negatively with higher volume dan overbought RSI trend indicating a further downturn.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,400 8,525 8,650 8,800 8,925

INDF closed the session higher in diagonal resistance with a thin volume that could limit the upswing.

PTBA

Sell on Strength

S2 S1 Level R1 R2
11,700 12,100 12,375 12,825 13,300

PTBA moved in the positive side followed by a bullish harami pattern indicating another favorable opportunity.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,575 9,925 10,300 10,575 10,975

SMGR managed to move higher with a long white candle but was closed near its horizontal resistance that could slow down 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.