Daily Research 04 August 2017

S2 S1 IDX R1 R2
5,712.3 5,760.1   5,780.6 5,865.4 5,910.2
  • Dow Jones closed 0.04% higher at 22,026.1 levels as investors wait and see Friday’s jobs reports as well as ongoing special investigation regarding links between US President with the Russian.
  • Regional bourses traded negative this morning.
  • IDX traded lower near recent low at 5,765 levels. A break below that level may send IDX to bearish territory as it already break strong diagonal support line (and traded sideways until now).
  • We expect IDX to trade lower today ahead of Monday’s 2Q GDP released by BPS.
AALI

Trading Buy

S2 S1 Level R1 R2
14,375 14,700 15,175 15,450 15,800

AALI closed the session higher with high enough volume indicating another upside potential.

ASRI

Trading Buy

S2 S1 Level R1 R2
308 322 350 368 386

ASRI still continue higher with high volume after break its diagonal resistance indicating another upside potential.

LPPF

Trading Buy

S2 S1 Level R1 R2
10,000 10,375 10,950 11,450 12,575

LPPF managed a rebound followed by an increasing volume indicating a further positive opportunity.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,420 4,570 4,700 4,800 4,950

TLKM was still in the negative territory with the break on support in the middle of a high enough volume indicating a further 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 04 August 2017

Dow Jones naik 0.04% ditutup pada level 22,026.1 ditengah investigasi khusus Amerika terkait hubungan Presiden Donald Trump dengan pihak Rusia. Pasar Amerika juga menunggu data tenaga kerja yang akan dirilis hari ini. Bursa regional diperdagangkan cenderung menurun pagi ini. IHSG turun mendekati level terendah sebelumnya pada 5,765. Penembusan di bawah level tersebut berpotensi memicu koreksi IHSG yang saat ini diperdagangkan sideways namun terlihat menembus garis diagonal support kuatnya. Kami memperkirakan IHSG bergerak cenderung menurun akhir pekan ini menjelang rilis data 2Q GDP hari Senin.

 

Stock Closing Rec. S2 S1 R1 R2
AALI 15,175 Trading Buy 14,375 14,700 15,450 15,800
ASRI 350 Trading Buy 308 322 368 386
LPPF 10,950 Trading Buy 10,000 10,375 11,450 12,575
TLKM 4,700 Sell on Strength 4,420 4,570 4,800 4,950

*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,

Kiwoom Trader 24 July 2017

Dow Jones turun 31.7 poin ditutup pada level 21,580.07 akhir pekan lalu seiring penurunan saham General Electric. Sebagian besar bursa kawasan Eropa juga diperdagangkan turun hari Jumat. EIDO turun 1.84% hari Jumat pada level 26.61. Harga minyak turun akhir pekan lalu kendati US Dollar Index turun ke level 93.8 seiring kenaikan Euro terhadap USD. Bursa regional dibuka turun pagi ini. IHSG turun di bawah garis diagonal support kuat hari Jumat, seiring masih berlanjutnya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BMRI 13,050 Sell 12,150 12,600 13,500 14,000
INCO 2,190 Sell on Strength 1,960 2,050 2,270 2,390
INDF 8,575 Sell on Strength 8,150 8,400 8,925 9,200
TLKM 4,560 Buy on Weakness 4,420 4,500 4,660 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 04 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,910.2 5,930.0 5,970.0
  • Dow Jones closed 0.6% higher at 21,479.3 level ahead of 4th July Independence Day.
  • Regional bourses traded relatively positive this morning.
  • IDX closed higher at fresh new highs but it closed at strong diagonal resistance line which cap positive momentum.
  • We expect IDX to trade relatively negative today as investors lock profits.
BBRI

Sell on Strength

S2 S1 Level R1 R2
14,250 14,800 15,500 16,000 16,500

BBRI closed a session higher with a high volume but closed in its diagonal resistance and near overbought RSI trend that could limit the upswing.

INDF

Sell on Strength

S2 S1 Level R1 R2
8,300 8,600 8,775 8,925 9,200

INDF traded higher within the last 4 days and closed near its horizontal resistance line, and thus limit upside potential.

PGAS

Trading Buy

S2 S1 Level R1 R2
2,200 2,290 2,350 2,430 2,540

PGAS was in the positive side followed by an increasing volume indicating a further up potential.

TLKM

Sell on Strength

S2 S1 Level R1 R2
4,420 4,500 4,790 4,850 5,000

TLKM ended the trading positively with a high volume but closed in its diagonal resistance 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 04 July 2017

Dow Jones naik 0.6% ditutup pada level 21,479.3 kemarin menjelang libur perayaan hari kemerdekaan 4 Juli. Bursa regional diperdagangkan relatif positif pagi ini. IHSG membukukan rekor tertinggi baru kemarin namun ditutup tepat pada garis diagonal resisten kuat. Potensi penguatan IHSG hari ini cukup terbatas. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring langkah profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BBRI 15,500 Sell on Strength 14,250 14,800 16,000 16,500
INDF 8,775 Sell on Strength 8,300 8,600 8,925 9,200
PGAS 2,350 Trading Buy 2,200 2,290 2,430 2,540
TLKM 4,790 Sell on Strength 4,420 4,500 4,850 5,000

*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,