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 30 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,712.3 5,770.6 5,837.2
  • Dow Jones closed on Memorial Day. Regional bourses traded flat this morning due to lack of leads from US and European market.
  • IDX closed slightly lower yesterday but its candlestick formed bearish engulfing pattern, a sign for another selling pressure today.
  • IDX may get technical correction if break below 5,703 levels.
  • We expect IDX to trade mixed with negative tendency today.
ANTM

Trading Buy

S2 S1 Level R1 R2
665 695 750 770 800

ANTM close the session higher with a long white candle pattern after break above its horizontal resistance with high enough volume indicating another upside potential.

JPFA

Trading Buy

S2 S1 Level R1 R2
1,075 1,200 1,290 1,400 1,515

JPFA closed the trading higher with a break on its horizontal resistance with a high volume as well as a long white candle indicating a further upside opportunity.

UNTR

Hold

S2 S1 Level R1 R2
23,725 24,600 26,025 26,900 27,900

UNTR ended the trading positive in long term diagonal resistance area with increasing trading volume. A break above R1 may send UNTR higher to test resistance levels.

WIKA

Buy on Weakness

S2 S1 Level R1 R2
2,840 3,040 2,280 3,260 3,440

WIKA 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.

Kiwoom Trader 30 May 2017

Dow Jones tutup memperingati Memorial Day. Bursa kawasan regional diperdagangkan mendatar pagi ini. HongKong tutup memperingati festival Tuen Ng. IHSG ditutup sedikit turun kemarin namun candlestick membentuk pola bearish engulfing sehingga berpotensi memicu tekanan jual hari ini. Investor asing mulai terlihat melakukan posisi jual bersih dalam beberapa hari perdagangan terakhir. IHSG berpotensi mengalami koreksi teknikal jika turun dibawah level 5,703. Kami memperkirakan IHSG bergerak mixed dengan kecenderungan negatif hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 750 Trading Buy 665 695 770 800
JPFA 1,290 Trading Buy 1,075 1,200 1,400 1,515
UNTR 26,025 Hold 23,725 24,600 26,900 27,900
WIKA 2,280 Buy on Weakness 2,180 2,230 2,380 2,480

*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 27 April 2017

S2 S1 IDX R1 R2
5,624.6 5,664.5   5,726.5 5,750 5,780
  • Dow Jones closed 21 point lower at 20,975.1 levels as US tax reform offered by Donald Trump administration could trigger wider deficit.
  • Regional bourses traded mixed this morning with Nikkei down by 0.35% on profit taking actions.
  • IDX booked another record high, closed at strong diagonal resistance, on optimism of better 1Q 2017 earnings.
  • We expect IDX traded mixed with negative tendency on profit taking actions.
BBCA

Sell on Strength

S2 S1 Level R1 R2
17,075 17,400 18,000 18,250 18,500

BBCA closed the session higher in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

PTPP

Buy on Weakness

S2 S1 Level R1 R2
3,000 3,160 3,200 3,380 3,510

PTPP still carried on the weak turn with the presences of several supports that could dampen the downturn.

UNVR

Sell on Strength

S2 S1 Level R1 R2
43,875 44,575 45,800 46,000 46,500

UNVR ended the trading positively in its diagonal resistance without volume and overbought RSI trend that could limit the upswing.

UNTR

Trading Buy

S2 S1 Level R1 R2
25,075 26,600 27,900 29,150 30,675

UNTR was in the positive s id e with a bullish engulfing pattern with a high 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 27 April 2017

Dow Jones turun 21 poin ditutup pada level 20,975.1 setelah keluarnya rencana reformasi pajak Amerika. Walaupun rencana tersebut berupa penurunan pajak korporasi dari 35% saat ini menjadi 15% investor meragukan penurunan tersebut karena dapat memicu defisit neraca yang melebar. Bursa regional pagi ini diperdagangkan mixed dengan Nikkei turun 0.35% karena aksi profit taking. IHSG ditutup naik kemarin pada level tertinggi, menyentuh garis diagonal resisten kuat. Oleh karena itu kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini ditengah potensi aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BBCA 18,000 Sell on Strength 17,075 17,400 18,250 18,500
PTPP 3,200 Buy on Weakness 3,000 3,160 3,380 3,510
UNVR 45,800 Sell on Strength 43,875 44,575 46,000 46,500
UNTR 27,900 Trading Buy 25,075 26,600 29,150 30,675

*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 16 March 2017

S2 S1 IDX R1 R2
5,372 5,409   5,432.3 5,458 5,472
  • Positive Dow Jones and most of the global markets after the Fed raised interest rate would send in the favorable sentiment.
  • The IDX was only up in a thin range with a doji formation yesterday signaling a slower upside trend.
  • Therefore, we predict that the IDX would be in the positive side today.
AISA

Sell on strength

S2 S1 Level R1 R2
2,060 2,130 2,270 2,350 2,400

AISA ended the trading higher near its diagonal resistance with a low volume that could slow down the upswing.

SMGR

Speculative buy

S2 S1 Level R1 R2
8,600 8,925 9,050 9,400 9,625

SMGR closed the session n e g atively near its diagonal support with a low volume which could limit the downside potential.

SRIL

Buy on weakness

S2 S1 Level R1 R2
272    370 302 318 340 370

SRIL still carried on the weak turn with the presences of several supports that could dampen the downturn.

UNTR

Sell on strength

S2 S1 Level R1 R2
23,250 24,425 25,350 26,200 27,375

UNTR was in the negative area followed by a bearish engulfing pattern suggesting another weak 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.