Daily Research 06 September 2017

 

S2 S1 IDX R1 R2
5,694.9 5,749.3   5,830.0 5,914.0 5,950
  • Dow Jones traded lower on its first trading day after North Korea test nuclear bomb last Monday. EIDO closed 1.96% lower at 26.55 levels may put some pressure to IDX’s blue chip shares.
  • Regional market traded lower this morning following negative lead from Dow.
  • IDX’s candlestick formed hammer pattern due to a sharp increase on pre-close session yesterday. Relatively high capital outflow yesterday may limit IDX’s upside potentials today.
  • In all we expect IDX to trade sideways today.
ADRO

Sell on Strength

S2 S1 Level R1 R2
1,695 1,805 1,860 1,895 1,965

ADRO ended the session higher near its horizontal resistance with a low volume could slow down a further upside turn.

AKRA

Sell on Strength

S2 S1 Level R1 R2
6,575 6,750 6,950 7,100 7,375

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

SMRA

Buy on Weakness

S2 S1 Level R1 R2
920 980 1,000 1,055 1,130

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

TINS

Trading Buy

S2 S1 Level R1 R2
820 870 940 985 1,025

TINS ended the trading positively with a bullish harami pattern also supported by 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.

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Kiwoom Trader 06 September 2017


Bursa Eropa bergerak mixed seiring langkah investor mencermati perkembangan terkait isu nuklir Korea Utara. Dow Jones turun pada hari pertama perdagangan setelah Korea Utara melakukan tes nuklir hari Minggu lalu. EIDO turun 1.96% ditutup pada level 26.55. Bursa regional diperdagangkan cenderung menurun pagi ini dibayangi sentimen negatif bursa Amerika. Candlestick IHSG membentuk pola hammer karena ditutup naik pada sesi pre-close. Relatif tingginya aksi jual investor asing kemarin membayangi pergerakan IHSG hari ini. Kami memperkirakan IHSG bergerak cenderung mixed hari ini seiring langkah investor menunggu dan mencermati reaksi dunia atas rangkaian uji coba nuklir Korea Utara.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,860 Sell on Strength 1,695 1,805 1,895 1,965
AKRA 6,950 Sell on Strength 6,575 6,750 7,100 7,375
SMRA 1,000 Buy on Weakness 920 980 1,055 1,130
TINS 940 Trading Buy 820 870 985 1,025

*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 25 July 2017

S2 S1 IDX R1 R2
5,647.4 5,723.6   5,801.6 5,846.6 5,910.2
  • Dow Jones closed 0.31% lower at 21,513.17 levels while EIDO up by 0.86% at 26.84 levels.
  • Global investors tend to “wait and see” ahead of 25-26 July FOMC meeting and OPEC meeting. Regional bourses traded slightly positive this morning.
  • IDX may get technical rebound as its candlestick formed bullish harami pattern, however it is closed below strong diagonal resistance line which could cap any positive momentum today.
  • In all we expect IDX to trade relatively positive today backed by positive sentiments from regional bourses and rebound in crude oil price.
AKRA

Trading Buy

S2 S1 Level R1 R2
6,050 6,200 6,450 6,575 6,750

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

SMRA

Buy on Weakness

S2 S1 Level R1 R2
950 1,035 1,055 1,100 1,150

SMRA remained in the weak side during a few days in a row. A weak potential would carry on if its recent low and support are broken down.

TBIG

Sell on Strength

S2 S1 Level R1 R2
6,200 6,525 6,850 7,100 7,400

TBIG ended in the session in the positive side with only a low volume indicating a limited upside movement.

TLKM

Trading Buy

S2 S1 Level R1 R2
4,380 4,470 4,650 4,710 4,790

TLKM ended trading positively with bullish engulfing pattern and supported by 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 25 July 2017

 

Dow Jones turun 0.31% ditutup pada level 21,513.17 kemarin namun EIDO naik 0.86% pada level 26.84. Bursa dunia terlihat wait and see menjelang rapat FOMC 25-26 Juli dan pertemuan OPEC. Bursa regional pagi ini dibuka cenderung positif. IHSG kemarin mengalami rebound ditengah masih berlanjutnya aksi jual investor asing. Candlestick IHSG membentuk pola bullish harami namun penutupan IHSG masih dibawah garis diagonal resisten kuat. Kami memperkirakan IHSG bergerak cenderung positif didukung sentimen bursa regional dan rebound harga minyak.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,450 Trading Buy 6,050 6,200 6,575 6,750
SMRA 1,055 Buy on Weakness 950 1,035 1,100 1,150
TBIG 6,850 Sell on Strength 6,200 6,525 7,100 7,400
TLKM 4,650 Trading Buy 4,380 4,470 4,710 4,790

*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 20 July 2017

S2 S1 IDX R1 R2
5,702.9 5,769.6   5,806.7 5,865.4 5,910.2
  • Dow Jones closed 66 point higher and closed at fresh
    new high at 21,640.75 levels backed by strong corporate earnings.
  • Regional bourses traded positive this morning ahead of today’s ECB meeting. Increase on energy and metal prices may support IDX today.
  • IDX closed lower at its strong diagonal support line as foreign investors booked net sell. A break below the line may send IDX lower and lead to a major price correction.
  • We expect IDX to trade in positive territory today.
APLN

Sell on Strength

S2 S1 Level R1 R2
182 194 206 206 230

APLN edged higher followed by an increasing volume but with the presences of several resistances that could limit this upside turn.

ASII

Buy on Weakness

S2 S1 Level R1 R2
8,150 8,350 8,475 8,750 8,950

ASII closed the session lower with high volume but closing near horizontal support and near oversold RSI trend that could dampen a further downside movement.

SMRA

Buy on Weakness

S2 S1 Level R1 R2
935 1,035 1,070 1,140 1,215

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

UNTR

Hold

S2 S1 Level R1 R2
26,250 27,200 28,550 29,150 30,000

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

* 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 20 July 2017

Dow Jones naik 66 poin ditutup pada level tertinggi baru 21,640.75 seiring naiknya kinerja korporasi Amerika. Bursa kawasan regional diperdagangkan positif pagi ini menjelang rapat ECB hari ini dimana pasar menanti pejelasan lebih lanjut terkait rencana tapering yang akan dilakukan ECB. Naiknya harga komoditas energi dan metal dapat menopang perdagangan IHSG hari ini. IHSG turun kemarin ditutup tepat pada garis diagonal support kuat dipicu aksi jual investor asing. Penembusan ke bawah garis tersebut bepotensi memicu koreksi IHSG. Kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
APLN 206 Sell on Strength 182 194 216 230
ASII 8,475 Buy on Weakness 8,150 8,350 8,750 8,950
SMRA 1,070 Buy on Weakness 935 1,035 1,140 1,215
UNTR 28,550 Hold 26,250 27,200 29,150 30,000

*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 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.