Daily Research 12 June 2017

 

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,675.5 5,770.6 5,837.2
  • Dow Jones closed 89.4 point higher at all-time high 21,271.97 levels as market digests former FBI Director’s testimony with the Senate.
  • EIDO closed 1.2% lower at 26.66 last Friday.
  • IDX closed below strong diagonal support line, which also breaks below its recent low level, as foreign investors realized profits.
  • We expect IDX to trade in negative territory today.
BBCA

Buy on Weakness

S2 S1 Level R1 R2
16,550 17,075 17,700 18,500 19,000

 

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

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,200 2,290 2,340 2,430 2,540

 

PGAS still carried on the downside turn but only with a thin volume so that any further downturn maybe in a limited range.

SMGR

Trading Buy

S2 S1 Level R1 R2
8,600 8,900 9,375 9,575 9,825

 

SMGR ended the trading positively followed with a high volume indicating another upside potential.

UNVR

Sell on Strength

S2 S1 Level R1 R2
44,900 46,175 47,550 48,000 50,025

UNVR edged higher nearing its horizontal resistance on Friday in which suggesting that another upside movement maybe in a limited range.

* 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 12 June 2017

 

Dow Jones naik 89.4 poin ditutup pada level tertinggi baru 21,271.97 setelah dengar pendapat mantan Direktur FBI dengan Senat. EIDO turun 1.2% pada level 26.66 hari Jumat. IHSG turun menembus garis diagonal support kuat, tutup di bawah level terendah sebelumnya seiring aksi profit taking investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBCA 17,700 Buy on Weakness 16,550 17,075 18,500 19,000
PGAS 2,340 Buy on Weakness 2,200 2,290 2,430 2,540
SMGR 9,375 Trading Buy 8,600 8,900 9,575 9,825
UNVR 47,550 Sell on Strength 44,900 46,175 48,000 50,025

*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 15 May 2017

S2 S1 IDX R1 R2
5,577.5 5,622.9   5,675.2 5,715.1 5,750
  • Dow Jones closed 22.8 point lower at 20,896.6 levels.
  • Regional bourses traded lower this morning as geopolitical issue rises as North Korea launched missile test last Sunday.
  • IDX’s candlestick formed “inverted hammer” pattern on a “bearish harami”, which indicates selling pressure to persist today.
  • Thus we expect IDX to trade in negative territory today.
ANTM

Speculative Buy

S2 S1 Level R1 R2
570 600 620 645 670

ANTM closed the session negative in its horizontal support with a thin volume and oversold RSI trend that could dampen a further downside movement.

GGRM

Sell on Strength

S2 S1 Level R1 R2
68,000 70,000 73,900 75,000 77,100

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

UNVR

Sell on Strength

S2 S1 Level R1 R2
45,325 46,000 46,800 47,000 47,800

UNVR in the positive side followed by a high volume and a presence of its diagonal resistance and overbought RSI trend that could limit the upside turn.

WSKT

Buy on Weakness

S2 S1 Level R1 R2
2,160 2,220 2,230 2,290 2,330

WSKT ended the trading n e g atively near its diagonal support without 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 15 May 2017

Dow Jones turun 22.8 poin hari Jumat ditutup pada level 20,896.6. bursa regional diperdagangkan cenderung melemah pagi ini seiring langkah Korea Utara yang kembali meluncurkan percobaan rudal balistik hari Minggu kemarin. Candlestick IHSG membentuk pola inverted hammer yang dikombinasikan dengan pola bearish harami, mengindikasikan potensi pelemahan hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
ANTM 620 Speculative Buy 570 600 645 670
GGRM 73,900 Sell on Strength 68,000 70,000 75,000 77,100
UNVR 46,800 Sell on Strength 45,325 46,000 47,000 47,800
WSKT 2,230 Buy on Weakness 2,160 2,220 2,290 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 03 May 2017

S2 S1 IDX R1 R2
5,606.7 5,653.4   5,675.8 5,726.5 5,750
  • Dow Jones closed 36 point lower at 20,949.9 supported by 1Q 2017 financial results.
  • Japanese market started a long holiday until weekend.
  • IDX traded lower yesterday although foreign investors booked IDR 838.4 Billion net buy position.
  • We expect IDX to trade mixed with negative tendency today.
GJTL

Buy on weakness

S2 S1 Level R1 R2
955 1,000 1,015 1,060 1,115

GJTL moved lower during the last several days but with presence of its horizontal support that could limit the weak turn.

GGRM

Sell on strength

S2 S1 Level R1 R2
62,850 64,900 67,150 68,000 70,300

GGRM was still in positive side but with a close near its horizontal resistance that could limit the upside movement.

LPCK

Buy on weakness

S2 S1 Level R1 R2
4,070 4,250 4,390 4,600 5,000

LPCK moved lower with a closer near its recent low. A further downside turn would remain possible if its recent low is broken down.

UNVR

Sell on strength

S2 S1 Level R1 R2
43,650 44,500 45,300 45,800 47,000

UNVR was in the positive s i d e but with a closer near its diagonal resistance that could limit 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 03 May 2017

Dow Jones naik 36 poin ditutup pada level 20,949.9 didukung laporan kinerja perusahaan 1Q 2017. Bursa Jepang mulai memasuki libur panjang hingga akhir pekan. Penurunan harga minyak dunia yang dipicu kenaikan pasokan minyak dari Amerika, Kanada, dan Libya berpotensi memberi sentimen negatif pada perdagangan IHSG hari ini. IHSG kembali membukukan penurunan namun posisi beli investor asing masih cukup tinggi. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
GJTL 1,015 Buy on weakness 955 1,000 1,060 1,115
GGRM 67,150 Sell on Strength 62,850 64,900 68,000 70,300
LPCK 4,390 Buy on weakness 4,070 4,250 4,600 5,000
UNVR 45,300 Sell on Strength 43,650 44,500 45,800 47,000

*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 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.