Daily Research 08 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,717.3 5,770.6 5,837.2
  • Dow Jones closed 0.18% higher at 21,173.7 levels ahead of former FBI Director tomorrow. Crude oil price traded lower around US$ 46 per barrel as US crude oil inventory rises.
  • Regional bourses traded mixed this morning clouded by news over a missile launch by North Korea this morning.
  • IDX’s candlestick formed shooting star pattern at strong diagonal support line. A break below the line an recent low level at 5,693 may trigger market correction.
  • We expect IDX to trade in negative territory today.
ACES

Speculative Buy

S2 S1 Level R1 R2
925 955 975 1,025 1,055

ACES closed the session lower in diagonal support with a thin volume that could dampen a further downside movement.

BEST

Sell on Strength

S2 S1 Level R1 R2
298 312 324 334 351

BEST was still in the positive side but with a close near its horizontal resistance that could slow down this upswing.

ROTI

Trading Buy

S2 S1 Level R1 R2
1,215 1,280 1,320 1,375 1,440

ROTI edged higher supported by a high enough volume so that could lead to a rebound momentum.

TLKM

Buy on Weakness

S2 S1 Level R1 R2
4,170 4,250 4,320 4,420 4,500

TLKM ended the trading negatively near its 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.

Kiwoom Trader 08 June 2017

Dow Jones naik 0.18% ditutup pada level 21,173.7 menjelang kesaksian mantan Direktur FBI di hadapan Senat besok. Harga minyak dunia turun kada kisaran US$ 46 per barrel seiring kenaikan data cadangan minyak Amerika. Bursa kawasan regional diperdagangkan mixed pagi ini dibayangi oleh aksi peluncuran rudal Korea Utara. Candlestick IHSG membentuk pola shooting star pada garis diagonal support kuat. Penembusan ke bawah garis tersebut serta level terendah sebelumnya pada 5,693 berpotensi memicu koreksi pasar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 975 Speculative Buy 925 955 1,025 1,055
BEST 324 Sell on Strength 298 312 334 351
ROTI 1,320 Trading Buy 1,215 1,280 1,375 1,440
TLKM 4,320 Buy on Weakness 4,170 4,250 4,420 4,500

*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 May 2017

S2 S1 IDX R1 R2
5,577 5,615   5,645.4 5,688 5,725
  • Dow Jones closed 55.1 point higher at 20,663 levels while EIDO increased 0.58% at 25.99 levels.
  • Regional bourses traded mixed with negative tendency this morning.
  • Technical rebound pushed IDX higher yesterday, however its upside potentials may be limited as it traded below short term diagonal support line.
  • We expect IDX to trade mixed with positive tendency today.
ADHI

Hold

S2 S1 Level R1 R2
2,130 2,160 2,180 2,210 2,250

ADHI traded sideways near recent low level. A break below S1 may trigger further price correction however a break above short term diagonal resistance line may trigger technical rebound.

INDF

Hold

S2 S1 Level R1 R2
8,225 8,375 8,450 8,475 8,575

INDF traded sideways near recent high level with increasing trading volume. A break above R1 may send INDF higher to test resistance levels.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,110 4,270 4,310 4,340 4,420

TLKM closed below recent low which now acted as its first resistance (R1) level. Further correction may happen if it fail to break above R1 level.

WSKT

Hold

S2 S1 Level R1 R2
2,120 2,180 2,230 2,300 2,330

WSKT closed at recent low on a downtrend channel. A break below current level may trigger deeper correction. WSKT may get technical rebound if it break above R1 level.

* 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 May 2017

Dow Jones  naik 55.1 poin ditutup pada level 20,663 setelah mengalami koreksi yang cukup dalam hari Kamis. Bursa kawasan Asia diperdagangkan mixed dengan kecenderungan negatif pagi ini. EIDO naik 0.58% ditutup pada level 25.99. IHSG berhasil rebound dengan dukungan aksi beli investor asing kemarin. Namun demikian pergerakan IHSG cukup terbatas karena telah menembus ke bawah garis diagonal support. Kami memperkirakan IHSG bergerak mixed cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,180 Hold 2,130 2,160 2,210 2,250
INDF 8,450 Hold 8,225 8,375 8,475 8,575
TLKM 4,310 Sell on Strength 4,110 4,270 4,340 4,420
WSKT 2,230 Hold 2,120 2,180 2,300 2,330

*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 April 2017

S2 S1 IDX R1 R2
5,512.7 5,568.1   5,595.3 5,657.8 5,700
  • Dow Jones and European bourses closed higher on relief rally as the market cheered over results of the first round of French Presidential election.
  • IDX traded higher last Friday, near its recent highs.
  • We expect IDX to trade higher today, backed by positive sentiments from regional bourses and the result of unaudited 1Q 2017 financial reports due this week.
ASII

Sell on Strength

S2 S1 Level R1 R2
8,400 8,600 9,150 9,200 9,300

ASII closed the session higher followed with a high volume and a presence of its diagonal resistance and overbought RSI trend that could limit the upside turn.

JSMR

Speculative Buy

S2 S1 Level R1 R2
4,300 4,410 4,470 4,600 4,720

JSMR ended the trading negatively near in its diagonal support without volume that could limit the downturn.

PWON

Sell on Strength

S2 S1 Level R1 R2
555 590 610 620 645

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

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,090 4,250 4,420 4,550 4,710

TLKM moved up significan tl y with a high volume but with a presence of a long term horizontal resistance suggesting a correction 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 April 2017

Dow Jones dan bursa Eropa naik setelah melewati proses pemilihan Presiden Perancis, dimana Emmanuel Macron dan Marine Le Pen lolos pada putaran tahap pertama. Hasil tersebut sesuai dengan ekspektasi dan perkiraan awal. IHSG ditutup naik akhir pekan lalu mendekati level tertinggi sebelumnya. Kami memperkirakan penguatan lanjutan IHSG dapat terjadi hari ini ditengah sentimen keluarnya kinerja keuangan 1Q 2017.

Stock Closing Rec. S2 S1 R1 R2
ASII 9,150 Sell on Strength 8,400 8,600 9,200 9,300
JSMR 4,470 Speculative Buy 4,300 4,410 4,600 4,720
PWON 610 Sell on Strength 555 590 620 645
TLKM 4,420 Sell on Strength 4,090 4,250 4,550 4,710

*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 04 April 2017

S2 S1 IDX R1 R2
5,534 5,563.7   5,606.8 5,620 5,650
  • Dow Jones closed 13 points lower at 20,650.2 levels as investors tend to wait and see forther economic data to be released later this week.
  • Asian bourses traded slightly lower this morning, however IDX may get positive sentiment as EIDO closed 1.4% higher to 26.14 on the US market sessions.
  • IDX made fresh all-time high yesterday as foreign investors book net buy positions.
  • We expect IDX to trade on positive territory today.
BJTM

Sell on Strength

S2 S1 Level R1 R2
645 695 750 800 850

BJTM was in the positive side with a high volume but with a shooting star formation potentially creating correction potential.

DOID

Sell on Strength

S2 S1 Level R1 R2
805 895 1,000 1,050 1,100

DOID ended the session positively in diagonal resiscance area uptrend channel in a low volume and RSI in overbought area that could slow down the upswing.

ICBP

Sell on Strength

S2 S1 Level R1 R2
7,950 8,150 8,425 8,575 8,800

ICBP closed the session higher with a long white candle formation after closing negative in previous five days indicating a momentum rebound.

TLKM

Speculative Buy

S2 S1 Level R1 R2
3,960 4,050 4,170 4,280 4,400

TLKM ended the trading positively with a bullish harami formation 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.