Daily Research 07 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,707.8 5,770.6 5,837.2
  • Dow Jones closed 0.23% lower at 21,136.2 levels with EIDO closed 0.66% lower at 26.98 levels. Investors tend to wait and see ahead of former FBI Director James Comey testify in front of Senate and US election both scheduled on Thursday.
  • IDX closed on strong diagonal support line which also near its recent low at 5,693 levels. A break below the line and recent low levels may trigger market correction.
  • We expect IDX to trade in negative territory today.
DOID

Trading Buy

S2 S1 Level R1 R2
755 825 895 915 1,000

DOID has a chance to continue rally after ended trading with high enough volume. The rally will valid if BJBR break above recent high level (R1).

ISAT

Speculative Buy

S2 S1 Level R1 R2
6,200 6,375 6,500 6,800 7,000

ISAT ended the trading negatively in its diagonal support without volume and oversold RSI trend that could dampen a further downside movement.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,555 1,235 1,320 1,420 1,555

JPFA closed the session higher above its horizontal resistance with a high volume indicating another upside potential.

SMRA

Buy on Weakness

S2 S1 Level R1 R2
1,020 1,400 1,225 1,260 1,325 1,400

SMRA moved lower during the last several days but with presence of its horizontal support that could limit the weak 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.

Kiwoom Trader 07 June 2017

Dow Jones turun 2.2 poin ditutup pada level 21,184.

Dow Jones turun 0.23% ditutup pada level 21,136.2 dengan EIDO turun 0.66% pada level 26.98. Pelaku pasar di bursa Amerika cenderung wait and see menjelang kesaksian mantan Direktur FBI James Comey dalam rapat Senat hari Kamis. Bursa kawasan Eropa diperdagangkan negatif menjelang proses pemilu Inggris hari Kamis. IHSG ditutup tepat pada garis diagonal support yang juga mendekati level terendah sebelumnya pada level 5,693. Penembusan ke bawah garis diagonal support dan level terendah sebelumnya berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak cenderung negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
DOID 895 Trading Buy 755 825 915 1,000
ISAT 6,500 Speculative Buy 6,200 6,375 6,800 7,000
JPFA 1,320 Trading Buy 1,555 1,235 1,420 1,555
SMRA 1,260 Buy on Weakness 1,020 1,225 1,325 1,400

 

*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 22 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,791.9 5,850.0 5,900.0
  • Dow Jones closed 141.8 point higher (+0.7%) at 20,804.8 levels last Friday.
  • Regional bourses traded positive this morning despite North Korea missile test launched yesterday.
  • IDX closed sharply higher last Friday backed by positive rating upgrade from Standard & Poor’s. IDX closed at strong diagonal resistance line. IDX may
    continue its strong positive momentum if able to break above that line.
  • We expect IDX to trade on positive territory today.
BMRI

Sell on Strength

S2 S1 Level R1 R2
11,700 12,000 12,900 13,275 13,500

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

GGRM

Sell on Strength

S2 S1 Level R1 R2
70,000 72,000 76,500 77,100 78,500

GGRM ended the trading higher without volume and open gap up with an overbought RSI trend that could limit the upswing.

ICBP

Sell on Strength

S2 S1 Level R1 R2
8,425 8,675 9,100 9,350 9,575

ICBP ended the trading higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

SMRA

Trading Buy

S2 S1 Level R1 R2
1,155 1,200 1,325 1,375 1,420

SMRA closed the session positive above its diagonal resistance after on a weak trend in the last 4 days creating a technical rebound.

* 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 22 May 2017

Dow Jones naik 141.8 point (+0.7%) ditutup pada level 20,804.8 akhir pekan lalu. Bursa kawasan regional diperdagangkan positif pagi ini kendati dibayangi sentimen peluncuran rudal Korea Utara kemarin. EIDO naik 5.4% hari Jumat pada level 27.39 didukung sentimen positif rating upgrade Standard & Poors. Kami memperkirakan IHSG kembali bergerak positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
BMRI 12,900 Sell on Strength 11,700 12,000 13,275 13,500
GGRM 76,500 Sell on Strength 70,000 72,000 77,100 78,500
ICBP 9,100 Sell on Strength 8,425 8,675 9,350 9,575
SMRA 1,325 Trading Buy 1,155 1,200 1,375 1,420

*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 May 2017

S2 S1 IDX R1 R2
5,577.5 5,627.9   5,669.4 5,703.87 5,750
  • Dow Jones closed 6.4 point higher at 20,951.4 although dragged by energy stocks.
  • Crude oil price traded below US$ 46 per barrel levels, may send negative sentiments to emerging markets while investors wait for the release of 1Q 2017 GDP figures from BPS this morning.
  • Backed by strong foreign inflows, IDX’s candlestick formed bullish harami formation, an early indicator for another price increase today. In all we expect IDX to trade mixed with positive tendency today.
AKRA

Buy on Weakness

S2 S1 Level R1 R2
5,975 6,150 6,300 6,475 6,650

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

ANTM

Buy on Weakness

S2 S1 Level R1 R2
585 625 645 700 735

ANTM closed the session lower near its diagonal support without a volume and oversold RSI trend that could dampen a further downside movement.

PWON

Trading Buy

S2 S1 Level R1 R2
605 625 675 690 710

PWON ended the trading positively above its diagonal resistance with a high enough volume indicating another upside potential.

SMRA

Trading Buy

S2 S1 Level R1 R2
1,255 1,315 1,385 1,425 1,495

SMRA managed to moved u p in a thin range with bullish engulfing formation suggesting a further 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 05 May 2017

Dow Jones ditutup naik 6.4 poin pada level 20,951.4 walaupun sektor energi membebani kinerja Dow. Turunnya harga minyak dunia ke level dibawah US$ 46 per barrel berpotensi membatasi peluang penguatan bursa Emerging Market hari ini. Pasar menunggu keluarnya data 1Q 2017 GDP yang akan dirilis BPS pada pukul 9.00 WIB. Candlestick IHSG membentuk formasi bullish harami sehingga mengindikasikan peluang penguatan hari ini. Dengan dukungan sentimen beli investor asing serta kenaikan EIDO sebesar 0.3% pada level 26.4 kami memperkirakan IHSG diperdagangkan mixed cenderung menguat hari ini.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,300 Buy on Weakness 5,975 6,150 6,475 6,650
ANTM 645 Buy on Weakness 585 625 700 735
PWON 675 Trading Buy 605 625 690 710
SMRA 1,385 Trading Buy 1,255 1,315 1,425 1,495

*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 March 2017

S2 S1 IDX R1 R2
5,347 5,372   5,402.3 5,431 5,458
  • Several regional markets on upside tendency would expectedly send in the support.
  • The IDX was relatively up yesterday continuing its sideways trend near its psychological level of 5,400.
  • Therefore, we predict that the IDX would be in the positive side today.
HRUM

Sell on strength

S2 S1 Level R1 R2
1,965 2,210 2,350 2,440 2,640

HRUM was in the negative side with a bearish engulfing formation indicating another downside potential.

PGAS

Speculative buy

S2 S1 Level R1 R2
2,500 2,600 2,720 2,800 2,900

PGAS still carried on the weak turn but with a hammer pattern and a position near support that could create a rebound potential.

SMRA

Buy on weakness

S2 S1 Level R1 R2
1,250 1,300 1,360 1,400 1,450

SMRA took a weak turn after failing to stay near its resistance. A weak potential would remain possible if its support is broken down.

TLKM

Sell on strength

S2 S1 Level R1 R2
3,700 3,850 3,960 4,200 4,400

TLKM moved positively but w i th a close near its strong resistance and a hammer pattern that could trim the 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.