Daily Research 6 Juni 2018

S2 S1 IDX R1 R2
5,833.6 5,907.9 6,088.8 6,138.1 6,240.6
  • Dow Jones closed 13.7 point lower at 24,799.98 as trade worries weigh on broader market while Nasdaq booked new record high.
  • Regional market traded flat as investor tend to wait and see further development of trade talks.
  • IDX closed higher above recent high backed by speculative buy actions. However EIDO closed 1% lower at 25.78 which may give pressure for IDX at the opening session.
  • In all we expect IDX to trade mixed today ahead of long Lebaran holiday next week.
ERAA

Sell on Strength

S2 S1 Level R1 R2
2,200 2,500 2,770 2,920 3,040

ERAA was in the negative side with a shooting star pattern suggesting a further downside movement.

ITMG

Trading Buy

S2 S1 Level R1 R2
25,150 26,300 28,200 28,900 30,525

ITMG closed the session higher with long white candle and break above high recent level with higher volume indicating another upside potential.

RALS

Hold

S2 S1 Level R1 R
1,330 1,380 1,485 1,500 1,550

RALS has a chance to continue rally after ended trading with high volume. The rally will valid if RALS break above recent high level (R1).

UNTR

Trading Buy

S2 S1 Level R1 R2
34,650 35,200 36,500 37,500 38,200

UNTR ended the trading positively with a long white candle pattern suggesting another favorable potential.

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Kiwoom Trader 6 Juni 2018

Bursa Eropa dan Amerika ditutup cenderung menurun kemarin menjelang pertemuan G-7 akhir pekan ini. Dow Jones turun 13.7 poin ditutup pada level 24,799.98 dibayangi isu perdagangan kendati Nasdaq membukukan rekor tertinggi baru. IHSG naik diatas level tertinggi sebelumnya seiring aksi spekulasi beli investor. Namun demikian EIDO turun 1% pada level 25.78 sehingga dapat memberi tekanan terhadap IHSG pagi ini. Dengan demikian kami memperkirakan IHSG bergerak cenderung mixed hari ini menjelang libur panjang Lebaran.

Stock Closing Rec. S2 S1 R1 R2
ERAA 2,770 Sell on Strength 2,200 2,500 2,920 3,040
ITMG 28,200 Trading Buy 25,150 26,300 28,900 30,525
RALS 1,485 Hold 1,330 1,380 1,500 1,550
UNTR 36,500 Trading Buy 34,650 35,200 37,500 38,200

Daily Research 4 Juni 2018

S2 S1 IDX R1 R2
  • Dow Jones gained 1.% managed to close at 24,668 backed by increase in Boeing, Chevron, and Home Depot shares.
  • Regional market traded positive this morning following strong lead from European and US markets with AORD gained 0.6%, Kospi up by 0.5%, and Nikkei225 up by 0.4%.
  • IDX on a profit taking session with its candlestick formed inverted hammer and bearish harami pattern which indicates another correction today.
  • Although supported by strong regional market, however we expect IDX to trade mixed today ahead of long weekend holiday.
AKRA

Trading Buy

S2 S1 Level R1 R2
4,250 4,510 4,920 5,200 5,575

AKRA closed the session higher with long white candle and followed by higher volume indicating another upside potential.

BMRI

Sell On Strength

S2 S1 Level R1 R2
6,750 6,950 7,050 7,550 7,725

BMRI ended the trading negatively with bearish engulfing pattern after failed to break above diagonal resistance indicating a further downturn.

ICBP

Trading Buy

S2 S1 Level R1 R
8,300 8,425 8,700 8,825 9,000

ICBP closed the session higher and break above horizontal resistance with high enough volume indicating another upside potential.

UNTR

Sell On Stength

S2 S1 Level R1 R2
33,050 34,000 35,050 38,125 39,200

UNTR ended the trading negatively with bearish engulfing pattern and followed by higher volume indicating a further downturn.

Kiwoom Trader 4 Juni 2018

Bursa Eropa ditutup naik akhir pekan lalu seiring meredanya kekuatiran atas Italia dan Spanyol. Dow Jones naik 0.9% ditutup pada level 24,635 didukung data ketenagakerjaan yang lebih baik dari perkiraan. Tingkat pengangguran Amerika turun ke level 3.8%, level terendah sejak tahun 2000. Bursa regional diperdagangkan positif pagi ini dengan Nikkei naik 1%, AORD naik 0.6%, dan Kospi naik 0.2%. IHSG turun hari Kamis lalu seiring aksi profit taking investor setelah mengalami teknikal rebound dan menjelang libur akhir pekan. Kami memperkirakan IHSG bergerak mixed hari ini karena potensi rebound dibatasi sentimen negatif potensi perang dagang Amerika terhadap China dan Eropa serta adanya potensi kenaikan Fed Fund Rate (FFR) dalam rapat FOMC bulan Juni atas data tenaga kerja yang baik.

Stock Closing Rec. S2 S1 R1 R2
AKRA 4,920 Trading Buy 4,250 4,510 5,200 5,575
BMRI 7,050 Sell on Strength 6,750 6,950 7,550 7,725
ICBP 8,700 Trading Buy 8,300 8,425 8,825 9,000
UNTR 35,050 Sell on Strength 33,050 34,000 38,125 39,200

Daily Research 16 Mei 2018

S2 S1 IDX R1 R2
5,699.3 5,774.7 5,838.1 6,070.7 6,183.4
  • Dow Jones closed 0.8% lower at 24,706 as US Treasury yield rise to 3.06% this morning.
  • Sentiment on rising global treasury yield cap positive momentum as regional market traded lower this morning.
  • IDX down to test recent low level at 5,774.
  • We expect IDX to trade lower on concerns of rising global interest rates while EIDO also closed 3.8% lower at 24.21, may add pressure to IDX at the opening.
INCO

Sell on Strenght

S2 S1 Level R1 R2
3,200 3,375 3,500 3,660 3,860

INCO was on an upside turn with presence of resistance that could limit the positive opportunity.

JPFA

Sell on Strength

S2 S1 Level R1 R2
1,515 1,560 1,610 1,650 1,700

JPFA closed the session higher near recent high with a thin volume that could limit the upswing.

SSMS

Trading Buy

S2 S1 Level R1 R2
950 1,000 1,115 1,160 1,250

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

UNTR

Trading Buy

S2 S1 Level R1 R2
31,650 33,625 34,700 35,800 37,900

UNTR closed the session lower with bearish engulfing pattern indicating a further downturn.

Kiwoom Trader 16 Mei 2018

Bursa Eropa bergerak mixed namun Dow Jones turun 0.8% pada level 24,706 seiring kenaikan tinngkat imbal hasil obligasi Pemerintah Amerika yang berada pada level 3.06% pagi ini. Sentimen kenaikan tingkat bunga tersebut membayangi pergerakan bursa regional pagi ini yang bergerak cenderung menurun. IHSG turun menguji level terendah sebelumnya pada 5,774. Kami memperkirakan IHSG turun hari ini dipicu sentimen kenaikan bunga global serta penurunan EIDO sebesar 3.8% pada level 24.21.

Stock Closing Rec. S2 S1 R1 R2
INCO 3,500 Sell on Strength 3,200 3,375 3,660 3,860
JPFA 1,610 Sell on Strength 1,515 1,560 1,650 1,700
SSMS 1,115 Trading Buy 950 1,000 1,160 1,250
UNTR 34,700 Sell on Strength 31,650 33,625 35,800 37,900

Kiwoom Trader 01 March 2018


Bursa Eropa dan Amerika ditutup negatif dengan Dow Jones turun 1.5% pada level 25,029. Bursa regional dibuka menurun pagi ini dibayangi sentimen pasar Eropa dan Amerika. Kenaikan US Dollar Index memicu koreksi harga minyak dunia serta depresiasi kurs dimana Rupiah diperdagangkan pada kisaran Rp 13,740 per US$ pagi ini. IHSG diperdagangkan dekat dengan garis diagonal support jangka pendek. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,935 Trading Buy 1,720 1,840 2,000 2,100
MEDC 1,575 Sell on Strength 1,365 1,460 1,600 1,650
PNLF 276 Trading Buy 249 264 290 302
UNTR 35,600 Hold 34,000 35,400 38,200 39,200

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