Daily Research 02 January 2018

S2 S1 IDX R1 R2
6,221.0 6,277.2 6,355.0 6,400.0 6,450.0
  • European and US market traded mixed with lower tendency  last Friday as investors realized profits made last year.
  • Regional market traded mixed this morning, the first trading day this year.
  • Crude oil price stay above US$ 60 per barrel while coal also stay above US$ 100 per ton level.
  • IDX closed on its fresh new high 6,355 levels at the end of 2017 supported by foreign investor selective buy on Indonesian equities within the past 1-2 weeks. However overbought momentum indicates that IDX’s positive momentum may be limited as it vulnerable to profit taking.
  • In all we expect IDX to trade mixed.
ASII

Trading Buy

S2 S1 Level R1 R2
7,975 8,150 8,300 8,550 8,750

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

BBTN

Sell on Strength

S2 S1 Level R1 R2
3,290 3,450 3,570 3,800 4,000

BBTN closed the session all time high with a thin volume that could limit the upswing.

LSIP

Trading Buy

S2 S1 Level R1 R2
1,235 1,270 1,420 1,440 1,475

LSIP closed the session higher with long white candle pattern and break above strong horizontal resistance with high enough volume indicating another upside potential.

UNVR

Sell on strength

S2 S1 Level R1 R2
53,000 53,500 55,900 56,500 57,000

UNVR ended the trading all time high with a thin  volume 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.

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Kiwoom Trader 02 January 2018


Bursa Eropa dan Amerika bergerak mixed cenderung menurun hari Jumat lalu seiring aksi profit taking investor atas kinerja investasi FY 2017 yang cukup baik. Harga minyak dunia bertahan di atas level US$ 60 per barrel dengan harga batubara juga bertahan di atas level US$ 100 per ton. Bursa regional diperdagangkan mixed pagi ini, hari pertama perdagangan tahun 2018.

Stock Closing Rec. S2 S1 R1 R2
ASII 8,300 Trading Buy 7,975 8,150 8,550 8,750
BBTN 3,570 Sell on Strength 3,290 3,450 3,800 4,000
LSIP 1,420 Trading Buy 1,235 1,270 1,440 1,475
UNVR 55,900 Sell on Strength 53,000 53,500 56,500 57,000

*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 22 December 2017

S2 S1 IDX R1 R2
6,021.1 6,064.6 6,183.4 6,200.0 6,250.0
  • US and European stocks move higher after some US companies said that they would reinvest savings from lower corporate taxes into higher wages and
    construction projects.
  • Nikkei 225 opened lower this morning, while Kospi and All Ordinaries higher.
  • JCI’s movement is still in a positive momentum to continue limited gains, where overbought Stochastic and RSI can also make it vulnerable to correction this
    weekend. Support 6,120 and resistance 6,245.
ADRO

Trading Buy

S2 S1 Level R1 R2
1,710 1,775 1,870 1,900 1,955

ADRO ended trading positively after break above horizontal resistance and followed by higher volume indicating another upside potential.

ICBP

Trading Buy

S2 S1 Level R1 R2
8,775 8,925 9,075 9,200 9,300

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

ISAT

Hold

S2 S1 Level R1 R2
4,600 4,800 4,850 5,000 5,200

ISAT moved lower during the last several days but with presence of its horizontal support. A further downside would rem

UNVR

Sell on strength

S2 S1 Level R1 R2
50,000 51,100 53,000 54,100 56,000

UNVR moved in the negativ e side after failing to break its previous high so that could lead to a further down

* 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.

Daily Research 21 December 2017

S2 S1 IDX R1 R2
6,005.1 6,052.5 6,109.4 6,167.6 6,200.0
  • US stocks move lower after US Parliament finally passes Tax Reform Law.
  • Tonight global investors will still be waiting for US GDP growth data.
  • Nikkei 225, Kospi, and All Ordinaries opened lower this morning.
  • JCI momentum is still positive especially after Fitch’s upgrading of Indonesia’s rating this morning, despite a deep correction yesterday but still felt quite
    reasonable. Support 6,050 and resistance 6,170.
CPIN

Buy on weakness

S2 S1 Level R1 R2
2,820 2,950 3,110 3,270 3,400

CPIN moved lower but with the presences of several supports that could dampen the downturn.

HMSP

Sell on strength

S2 S1 Level R1 R2
4,110 4,320 4,450 4,550 4,700

HMSP was in the negative side with a bearish engulfing formation and a high volume suggesting another weak potential.

ISAT

Hold

S2 S1 Level R1 R2
4,600 4,800 4,850 5,000 5,200

ISAT moved lower during the last several days but with presence of its horizontal support. A further downside would rem

UNVR

Sell on strength

S2 S1 Level R1 R2
50,000 51,100 53,000 54,100 56,000

UNVR moved in the negativ e side after failing to break its previous high so that could lead to a further down

* 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 21 December 2017


Indeks saham AS bergerak lebih rendah setelah Parlemen AS akhirnya mengesahkan UU Reformasi Pajak. Malam ini investor global masih akan menantikan data pertumbuhan GDP AS. Nikkei 225, Kospi, dan All Ordinaries dibuka lebih rendah pagi ini. Momentum IHSG masih positif terutama pasca kenaikan rating Indonesia oleh Fitch pagi ini, meskipun kemarin terjadi koreksi dalam namun dirasa masih cukup wajar. Support 6050 resistance 6170.

Stock Closing Rec. S2 S1 R1 R2
CPIN 3,110 Buy on weakness 2,820 2,950 3,270 3,400
HMSP 4,450 Sell on Strength 4,110 4,320 4,550 4,700
ISAT 4,850 Hold 4,600 4,800 5,000 5,200
UNVR 53,000 Sell on Strength 50,000 51,100 54,100 56,000

*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 19 December 2017

S2 S1 IDX R1 R2
6,021.1 6,055.9 6,134.0 6,150.0 6,200.0
  • US and European stocks move higher after US Congress is scheduled to vote on the Tax Reform Bill as early as tonight.
  • Nikkei 225, Kospi and All Ordinaries opened higher this morning.
  • JCI is still in a positive momentum despite continuing to close at its new-high in the last 3 days. Support 6,070 and resistance 6,190.
DOID

Buy on weakness

S2 S1 Level R1 R2
595 665 720 760 825

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

PGAS

Sell on Strength

S2 S1 Level R1 R2
1,555 1,675 1,765 1,830 1,985

PGAS was in the negative side with a bearish engulfing formation after fail to above its horizontal resistance that trend indicating a further downturn.

UNVR

Sell on Strength

S2 S1 Level R1 R2
50,600 51,425 52,975 53,500 54,000

UNVR closed the session higher in diagonal resistance area with a thin volume and overbought RSI trend that could limit the upswing.

WSKT

Hold

S2 S1 Level R1 R2
1,920 2,030 2,180 2,250 2,390

WSKT has a chance to continue rally after ended trading with high enough volume. The rally will valid if WSKT 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 19 December 2017


Indeks saham AS dan Eropa bergerak lebih tinggi setelah Parlemen AS (Kongres) dijadwalkan untuk melakukan voting terhadap RUU Reformasi Pajak paling cepat malam ini. ​Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih tinggi pagi ini. IHSG masih dalam momentum yang positif meskipun terus ditutup pada level tertinggi barunya dalam 3 hari terakhir. Support 6070 resistance 6190.

Stock Closing Rec. S2 S1 R1 R2
DOID 720 Buy on weakness 595 665 760 825
PGAS 1,765 Sell on Strength 1,555 1,675 1,830 1,985
UNVR 52,975 Sell on Strength 50,600 51,425 53,500 54,000
WSKT 2,180 Hold 1,920 2,030 2,250 2,390

*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,