Daily Research 25 April 2018

S2 S1 IDX R1 R2
6,138.1 6,194.5 6,229.6 6,369.3 6,444.5
  • Dow Jones closed 1.7% lower at 24,024 as US 10-year treasury yield near 3% level, a level unseen since January 2014.
  • Regional market traded lower this morning
  • IDX slip below recent low which may test its next support levels.
  • In all we expect IDX to trade lower today as sentiments affected by Rupiah depreciation and tendency of rising global interest rates.
ASII

Buy on Weakness

S2 S1 Level R1 R2
7,050 7,225 7,325 7,745 7,675

ASII was in the negative side but a close near its horizontal support that could limit the downturn movement.

RALS

Sell on Strength

S2 S1 Level R1 R2
1,285 1,350 1,410 1,500 1,550

RALS ended the trading negatively with higher volume after failed to break above recent high indicating a further downturn.

TINS

Buy on Weakness

S2 S1 Level R1 R2
1,005 1,040 1,060 1,100 1,145

TINS ended the trading negatively with a thin volume and a presence of its several support levels that could dampen a further downside movement.

UNVR

Sell

S2 S1 Level R1 R2
45,000 46,725 48,000 49,250 50,775

UNVR took a deep downturn and a break horizontal support indicating a further down trend.

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Kiwoom Trader 25 April 2018

Bursa Eropa bergerak mixed namun Dow Jones turun 1.7% pada level 24024 dibayangi kenaikan tingkat imbal hasil obligasi Pemerintah Amerika yang hampir menyentuh level 3%, level tertinggi sejak Januari 2014. Bursa regional diperdagangkan senderung menurun pagi ini. IHSG turun dibawah level terendah sebelumnya dan berpotensi menguji level support berikutnya. Kami memperkirakan IHSG bergerak menurun hari ini dibayangi sentimen negatif depresiasi Rupiah serta kecenderungan kenaikan tingkat bunga global.

Stock Closing Rec. S2 S1 R1 R2
ASII 7,325 Buy on Weakness 7,050 7,225 7,745 7,675
RALS 1,410 Sell On Strenght 1,285 1,350 1,500 1,550
TINS 1,060  Buy on Weakness 1,005 1,040 1,100 1,145
UNVR 48,000  Sell 45,000 46,725 49,250 50,775

 

Kiwoom Trader 09 March 2018


Bursa Eropa dan Amerika bergerak mixed cenderung positf. Dow Jones naik 93.9 poin pada level 24,895 setelah Trump menandatangani pengenaan ekspor tarif Amerika yang mengecualikan Kanada dan Mexico. Bursa regional diperdagangkan cenderung naik pagi ini namun masih dibayangi dengan potensi apresiasi US Dollar akibat proteksi perdagangan serta kemungkinan kenaikan suku bunga dalam rapat FOMCCandlestick IHSG membentuk pola bullish harami kemarin sehingga berpotensi mengalami teknikal rebound.  Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini dipicu rebound bursa regional.

Stock Closing Rec. S2 S1 R1 R2
ADRO 2,190 Sell on Strength 1,995 2,130 2,260 2,350
ITMG 26,900 Trading Buy 23,850 25,500 28,300 29,600
TINS 1,150 Speculative Buy 1,070 1,105 1,175 1,215
TLKM 4,140 Sell on Strength 3,910 4,020 4,170 4,250

Daily Research 09 March 2018

S2 S1 IDX R1 R2
6,277.2 6,353.7 6,443.0 6,508.1 6,594.4
  • Dow Jones closed 93.9 point at level 24,895 after Trump signs tariffs may exempt Canada and Mexico from US new trade policy.
  • Regional market traded slightly positive this morning although clouded by negative sentiment of stronger US Dollar due to protectionism practice by the President and tendency of rising interest rates in FOMC Meeting.
  • IDX’s candlestick formed bullish harami pattern yesterday. Normally it is a sign for a technical rebound today,
  • In all we expect IDX to trade mixed with positive tendency today supported by rebound in regional market.
ADRO

Sell on Strength

S2 S1 Level R1 R2
1,995 2,130 2,190 2,260 2,350

ADRO managed a rather positive followed volume but the presences of a horizontal resistance that could limit the current upswing.

ITMG

Trading Buy

S2 S1 Level R1 R2
23,850 25,500 26,900 28,300 29,600

ITMG closed the trading higher with a strong volume after on a weak trend in the last 5 days creating a technical rebound.

TINS

Speculative Buy

S2 S1 Level R1 R2
1,070 1,105 1,150 1,175 1,215

TINS ended the trading negatively near short term diagonal support area with a thin volume that could dampen a further downside movement.

TLKM

Sell on Strength

S2 S1 Level R1 R2
3,910 4,020 4,140 4,170 4,250

TLKM moved up with a high volume but near its horizontal resistance that could dampen this current upside movement

Daily Research 28 February 2018

S2 S1 IDX R1 R2
6,429.7 6,505.5 6,598.9 6,635.3 6,689.5
  • Dow Jones closed 1.2% lower at 25,410 which followed by regional market this morning.
  • On a hearing session with Congress the Fed Governor Jerome Powell explained the need to increase interest rates to keep up with inflation. He signaled that the central bank could hike rates by more than three times this year to prevent overheating the economy.
  • IDX’s candlestick formed bullish harami pattern yesterday. Normally it is a sign for a technical rebound today, however market sentiments on rising interest rates may override the pattern’s direction for today.
  • In all we expect IDX to trade mixed with lower tendency.
ANTM

Trading Buy

S2 S1 Level R1 R2
855 885 945 965 990

ANTM closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

TINS

Trading Buy

S2 S1 Level R1 R2
1,020 1,070 1,175 1,205 1,250

TINS closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

WSKT

Speculative Buy

S2 S1 Level R1 R2
2,720 2,850 2,920 3,010 3,150

WSKT managed a rebound followed by a long white candle pattern suggesting another favorable potential.

SCMA

Sell on Strength

S2 S1 Level R1 R2
2,720 2,740 2,860 2,910 3,010

SCMA was in the positive side but with a close near its horizontal resistance that could limit upswing.

Kiwoom Trader 28 February 2018


Bursa Eropa dan Amerika ditutup negatif dengan Dow Jones turun 1.2% pada level 25,410. Dalam rapat dengar pendapat antara Kongres dan Gubernur the Fed Jerome Powell, ia menjelaskan perlunya kenaikan suku bunga untuk menjaga tingkat inflasi. Powell memperkirakan the Fed dapat menaikkan suku bunga lebih dari tiga kali tahun ini untuk mencegah ekonomi dari potensi overheating. Bursa regional dibuka menurun pagi ini. Candlestick IHSG membentuk pola bullish harami kemarin sehingga berpotensi mengalami teknikal rebound. Namun sentimen pasar cukup negatif setelah mendengar komentar Jerome Powell. Kami memperkirakan IHSG bergerak mixed cenderung turun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 945 Trading Buy 855 885 965 990
SCMA 2,860 Sell on Strength 2,720 2,740 2,910 3,010
TINS 1,175 Trading Buy 1,020 1,070 1,205 1,250
WSKT 2,920 Speculative Buy 2,720 2,850 3,010 3,150

*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 18 January 2018

S2 S1 IDX R1 R2
6,279.5 6,371.2 6,444.5 6,475.0 6,520.0
  • While European market closed mostly negative Dow Jones managed to continue its strong rally, adding 322 points to close on a fresh new all-time high at 26,115.6
    levels backed by positive sentiments from US corporations, especially from Apple.
  • Regional market opened positive this morning following positive lead from US market.
  • IDX managed to closed higher backed by selective purchase from foreign investors.
  • While IDX still on its overbought territory, positive sentiments from regional market and relatively high energy prices expected to continue support IDX today.
BMRI

Sell on Strength

S2 S1 Level R1 R2
7,625 7,900 8,100 8,300 8,500

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

DOID

Trading Buy

S2 S1 Level R1 R2
810 900 960 1,030 1,110

DOID took an upside turn with the break horizontal resistance and a high enough volume indicating a further upside opportunity

KRAS

Trading Buy

S2 S1 Level R1 R2
410 454 515 535 565

KRAS closed the session higher with long white candle pattern after break above resistance line with higher volume indicating another upside potential.

TINS

Trading Buy

S2 S1 Level R1 R2
815 860 960 995 1,030

TINS closed the session higher with long white candle pattern after break above diagonal resistance line 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.