Daily Research 04 May 2017

S2 S1 IDX R1 R2
5,577.5 5,627.9   5,647.4 5,703.87 5,750
  • Dow Jones closed 8 point higher at 20,957.9 levels after the Fed decided to leave interest rate unchanged.
  • Metal prices closed lower after release of China’s manufacturing data which came out lower than expected.
  • IDX traded lower to test its support levels.
  • We expect IDX to trade lower today.
ADRO

Speculative Buy

S2 S1 Level R1 R2
1,530 1,600 1,630 1,750 1,820

ADRO closed the session lower near its diagonal support with a thin volume and oversold RSI trend suggesting a limited downside potential.

BNGA

Sell on strength

S2 S1 Level R1 R2
1,155 1,215 1,270 1,315 1,365

BNGA closed the session lower with a bearish engulfing formation and a high enough volume suggesting a further down.

ITMG

Sell on Strength

S2 S1 Level R1 R2
16,150 17,075 18,050 19,100 20,075

ITMG ended the trading weaker with a high enough volume suggesting another downside potential.

TINS

Speculative Buy

S2 S1 Level R1 R2
805 860 900 945 995

TINS ended the trading ne g a tively near its diagonal support without volume and near oversold RSI trend that could dampen a further 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 04 May 2017

Dow Jones naik 8 poin pada level 20,957.9 kemarin setelah the Fed memutuskan tidak mengubah kebijakan suku bunga dalam rapat FOMC kemarin, sesuai dengan ekspektasi pasar. Koreksi harga metal dipicu sentimen data manufaktur China yang berada dibawah perkiraan sebelumnya. EIDO turun 0.75% ditutup pada level 26.32. IHSG kembali turun namun investor asing masih membukukan posisi beli bersih sekitar Rp 393 Miliar kemarin. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADRO 1,630 Speculative Buy 1,530 1,600 1,750 1,820
BNGA 1,270 Sell on Strength 1,155 1,215 1,315 1,365
ITMG 18,050 Sell on Strength 16,150 17,075 19,100 20,075
TINS 900 Speculative Buy 805 860 945 995

*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 April 2017

S2 S1 IDX R1 R2
5,552.7 5,611.6   5,644.3 5,700 5,730
  • Dow Jones closed 1.9 higher at 20,658.0 levels as investors concerned about increasing geopolitical tensions over Syria and North Korea issues.
  • Regional bourses traded mixed with negative tendency this morning.
  • IDX traded lower yesterday after touched its strong diagonal resistance line.
  • We expect IDX to trade negative today as investors realize profits.
MEDC

Sell on Strength

S2 S1 Level R1 R2
2,870 3,150 3,360 3,540 3,720

MEDC was in the negative side with a formation of a shooting star signaling a further downside potential.

PTPP

Speculative Buy

S2 S1 Level R1 R2
2,850 2,955 3,040 3,250 3,350

PTPP closed the session lower with a high volume but with a close near its diagonal support and oversold RSI trend and that could limit the downturn.

TINS

Speculative Buy

S2 S1 Level R1 R2
875 930 985 1,010 1,065

TINS ended the trading positively with a bullish engulfing pattern suggesting another favorable potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
43,875 44,575 45,300 45,675 46,400

ACES ended the trading p o sitively in its diagonal resistance without volume and overbought RSI trend that could limit the upswing

* 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 11 April 2017

Dow Jones ditutup naik 1.9 poin pada level 20,658.0 ditengah berkembangnya isu geopolitik di Syria dan Korea Utara. Bursa Australia dan Jepang diperdagangkan mixed cenderung positif pagi ini. IHSG turun 9 poin kemarin dengan investor asing masih membukukan posisi beli bersih senilai Rp 187.3 Miliar. EIDO ditutup turun 0.4% pada level 26.13. Mixednya bursa regional pagi ini, turunnya EIDO, serta kecenderungan profit taking investor diperkirakan kembali menekan IHSG hari ini.

Stock Closing Rec. S2 S1 R1 R2
MEDC 3,360 Sell on Strength 2,870 3,150 3,540 3,720
PTPP 3,040 Speculative Buy 2,850 2,955 3,250 3,350
TINS 985 Speculative Buy 875 930 1,010 1,065
UNVR 45,300 Speculative Buy 43,875 44,575 45,675 46,400

*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 31 March 2017

S2 S1 IDX R1 R2
5,550 5,575   5,593.0 5,625 5,650
  • Dow Jones closed 0.33% higher backed by banking sector. US GDP growth data revealed 2.1% expansion during 4Q 2016, above 2% growth expected.
  • Date released support crude oil price to trade above US$ 50 / barrel.
  • Regional bourses traded mixed this morning
  • We expect IDX to trade mixed with positive tendency today.
BBCA

Sell on Strength

S2 S1 Level R1 R2
16,200 16,500 16,825 17,000 17,200

BBCA ended the trading positively near its diagonal resistance with a high enough volume and an overbought RSI trend that could limit the upswing.

BBNI

Sell on Strength

S2 S1 Level R1 R2
6,000 6,200 6,375 6,600 6,900

BBNI was in the negative side with a bearish engulfing formation and a high enough volume indicating another weak movement.

PWON

Sell on Strength

S2 S1 Level R1 R2
560 580 595 640 665

PWON closed the session lower with a bearish engulfing formation and a high enough volume suggesting a further downturn.

TINS

Trading Buy

S2 S1 Level R1 R2
875 930 975 1,005 1,075

TINS took an upside tur n with the break on its resistance of an uptrend channel supported by a high enough volume indicating another favorable 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 31 March 2017

Dow Jones naik 69.1 poin (+0.33%) ditutup pada level 20,728.5 yang didukung oleh sektor perbankan. Data pertumbuhan GDP Amerika tercatat sebesar 2.1% pada 4Q 2016 (diatas perkiraan sebelumnya 2%) turut menopang kenaikan indeks saham. Data GDP tersebut juga menopang harga minyak sehingga Nymex crude kembali naik menembus level US$ 50 / barrel.

Stock Closing Rec. S2 S1 R1 R2
BBCA 16,825 Sell on Strength 16,200 16,500 17,000 17,200
BBNI 6,375 Sell on Strength 6,000 6,200 6,600 6,900
PWON 595 Sell on Strength 560 580 640 665
TINS 975 Trading Buy 875 930 1,005 1,075

*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 06 March 2017

research-senin

S2 S1 IDX R1 R2
5,347 5,372   5,391.2 5,431 5,458
  • Several regional bourses on weak trend would affect the sentiment.
  • The IDX took a weak turn but with the presence of foreign buying interest last week that could expectedly limit the downside potential.
  • Therefore, we predict that the IDX would be in the negative side today.
BBRI

Speculative buy

S2 S1 Level R1 R2
11,400 11,750 11,850 12,100 12,400

BBRI ended the trading weaker near its diagonal support with a low volume that could dampen a further downside movement.

SCMA

Buy on weakness

S2 S1 Level R1 R2
2,500 2,620 2,740 2,850 3,000

SCMA still carried on the weak trend with a high enough volume but with the presence of its diagonal support that could slow down the downswing.

SRIL

Sell on strength

S2 S1 Level R1 R2
370 385 398 425 438

SRIL closed the session ne g a tively followed by a high volume with still overbought RSI indicator so that could lead to another downside movement.

 TINS

Buy on weakness

S2 S1 Level R1 R2
890 950 985 1,040 1,120

TINS moved in the negative side with a bearish engulfing formation. A weak potential would remain possible if its recent low and horizontal support are broken down.

* 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.