Daily Research 12 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5   5,882.8 5,914.9 5,939.5
  • Dow Jones closed 42.2 point higher at fresh new high 22,872.9 levels backed by positive sentiments over 9M 2017 earnings. Market also cheered as there is certainty that Minutes of previous FOMC meeting assure market that
    The Fed will lift benchmark rate on December FOMC meeting.
  • Regional market traded sideways this morning due to lack of positive catalysts.
  • IDX traded lower near its strong diagonal support line as foreign investor sold TLKM shares yesterday.
  • In all we expect IDX to trade lower today as foreign investors keep selling Indonesian equities.
BBTN

Trading Buy

S2 S1 Level R1 R2
2,750 2,930 3,010 3,160 3,300

BBTN moved in the positive area with a bullish engulfing formation indicating a further upside potential.

EXCL

Sell on Strength

S2 S1 Level R1 R2
3,200 3,360 3,460 3,700 3,850

EXCL ended the trading negatively after break below long term diagonal support with high enough volume indicating a further downturn.

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,700 5,925 6,075 6,250 6,500

JSMR still carried on the upside turn but only with a shooting star pattern and an open gap that could potentially push for a correction.

UNVR

Sell on Strength

S2 S1 Level R1 R2
46,725 48,100 48,875 50,000 51,425

UNVR closed the session lower below long term diagonal support with higher volume indicating a further downturn.

* 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 12 October 2017


Pasar Eropa diperdagangkan mixed namun Dow Jones berhasil ditutup naik 42.2 poin ditutup pada level tertinggi baru 22,872.9 didukung sentimen positif atas kinerja keuangan 9M 2017 yang akan segera dirilis. Pasar juga menyambut baik kepastian penyesuaian bunga yang akan dilakukan The Fed dalam rapat bulan Desember setelah mendengarkan notulen rapat FOMC tadi malam. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG turun mendekati diagonal support kuat akibat tekanan jual investor asing atas saham TLKM kemarin. Kami memperkirakan IHSG bergerak cenderung menurun karena masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,010 Trading Buy 2,750 2,930 3,160 3,300
EXCL 3,460 Sell on Strength 3,200 3,360 3,700 3,850
JSMR 6,075 Sell on Strength 5,700 5,925 6,250 6,500
UNVR 48,875 Sell on Strength 46,725 48,100 50,000 51,425

*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 09 October 2017

 

S2 S1 IDX R1 R2
5,855.1 5,884.6   5,905.4 5,939.5 5,970
  • Dow Jones closed 1.7 point lower at 22,773.7 levels.
  • Crude oil price dropped 3% closed at US$ 49.3 per barrel last Friday as US Dollar index increased, which also depreciate Rupiah to around IDR 13,500 per US$ this
    morning.
  • EIDO closed 1.2% lower last Friday at 26.51 levels, which could send some negative sentiments for IDX this morning.
  • IDX’s candlestick formed bullish harami pattern which also closed on its strong diagonal support line, thus creates an opportunity for technical rebound today.
  • However we expect IDX to trade mixed today as foreign investors still booked strong net outflows last week.
ACES

Sell on Strength

S2 S1 Level R1 R2
1,160 1,220 1,290 1,300 1,350

ACES closed the session higher with long white candle pattern without supported by volume and overbought RSI trend that could limit the upswing.

RALS

Trading Buy

S2 S1 Level R1 R2
800 895 965 1,045 1,100

RALS closed the session higher above its diagonal resistance with high enough volume indicating another upside potential.

SMGR

Sell on Strength

S2 S1 Level R1 R2
9,950 10,375 10,700 10,975 11,500

SMGR are relatively up but with a closer near its recent high in which could trim the upside turn.

UNVR

Buy on Weakness

S2 S1 Level R1 R2
48,100 48,975 49,975 51,000 52,000

UNVR ended the trading negatively near its long term diagonal support with a thin 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 09 October 2017


Pasar Eropa dan Amerika bergerak mixed akhir pekan lalu. Dow Jones turun 1.7 poin ditutup pada level 22,773.7. Harga minyak dunia turun hampir 3% ditutup pada level US$ 49.3 per barrel hari Jumat dipicu kenaikan US Dollar index yang turut menekan Rupiah menjadi kisaran Rp 13,500 per US$ pagi hari ini. EIDO turun 1.2% hari Jumat pada level 26.51 berpotensi menekan perdagangan IHSG pada sesi pembukaan hari ini. Candlestick IHSG terlihat membentuk pola bullish harami ditutup pada garis diagonal support kuat sehingga berpotensi mengalami teknikal rebound. Namun demikian masih berlanjutnya aksi jual investor asing dapat membatasi potensi penguatan sehingga kami memperkirakan IHSG bergerak pada kisaran mixed hari ini.

Stock Closing Rec. S2 S1 R1 R2
ACES 1,290 Sell on Strength 1,160 1,220 1,300 1,350
RALS 965 Trading Buy 800 895 1,045 1,100
SMGR 10,700 Sell on Strength 9,950 10,375 10,975 11,500
UNVR 49,975 Buy on Weakness 48,100 48,975 51,000 52,000

*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 29 September 2017

 

S2 S1 IDX R1 R2
5,749.3 5,809.3   5,841.0 5,914.0 5,950
  • Dow Jones closed 0.18% higher at 22,381.2 levels backed by small cap stocks which will get most benefit from US tax reform package.
  • Regional market traded sideways this morning ahead of long holiday next week to celebrate mid-autumn festival.
  • IDX traded lower and crossed below its strong diagonal support line as investors keep selling Indonesian equities.
  • In all we expect IDX to trade lower today.
BBRI

Speculative Buy

S2 S1 Level R1 R2
13,850 14,200 14,700 15,350 15,675

BBRI closed the session lower in its long term diagonal support with a thin volume but the weakness is still open if the BBRI managed to break below the diagonal support.

BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,060 3,200 3,300

BBTN closed lower with higher volume. BBTN’s price pattern also showed a break to its short term diagonal support may trigger technical correction.

PTBA

Trading Buy

S2 S1 Level R1 R2
8,200 8,800 10,000 10,300 10,725

PTBA closed the session higher with bullish engulfing pattern and follow by higher volume indicating another upside potential.

UNVR

Speculative Buy

S2 S1 Level R1 R2
47,500 48,575 49,200 50,500 51,000

UNVR ended the trading negatively in long term diagonal support but the weakness is still open if the UNVR managed to break below the diagonal support.

* 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 29 September 2017


Bursa Eropa dan Amerika ditutup positif kemarin. Dow Jones naik 0.18% ditutup pada level 22,381.2 didukung saham berkapitalisasi pasar kecil sebagai reaksi atas rencana reformasi pajak di Amerika.  Bursa regional diperdagangkan mendatar pagi ini menjelang libur mid-autumn festival minggu depan. IHSG turun dibawah garis diagonal support kuat seiring tingginya minat jual investor asing. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BBRI 14,700 Speculative Buy 13,850 14,200 15,350 15,675
BBTN 3,060 Sell on Strength 2,840 2,960 3,200 3,300
PTBA 10,000 Trading Buy 8,200 8,800 10,300 10,725
UNVR 49,200 Speculative Buy 47,500 48,575 50,500 51,000

*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 26 September 2017

 

S2 S1 IDX R1 R2
5,808.6 5,854.5   5,894.6 5,950.0 6,000
  • Dow Jones closed 0.24% lower at 22,296.1 dragged by tech sectors. North Korea threat on US President statement raising geopolitical tensions.
  • EIDO closed 1.08% lower at 26.66 may limit positive momentum for IDX at today’s open.
  • IDX closed lower after traded near all-time high level at 5,915 and may test its support levels.
  • We expect IDX to trade in negative territory today as foreign investors still booked net sell positions on equities.
ADRO

Buy on Weakness

S2 S1 Level R1 R2
1,640 1,700 1,755 1,840 1,890

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

ANTM

Sell on Strength

S2 S1 Level R1 R2
610 640 650 685 715

ANTM ended the trading negatively with a long black candle and break below its diagonal support with a high enough volume indicating a further downturn.

MEDC

Sell on Strength

S2 S1 Level R1 R2
740 810 880 920 1,000

MEDC ended the trading weaker with a bearish  engulfing formation providing another downside sign.

UNVR

Buy on Weakness

S2 S1 Level R1 R2
46,725 48,325 49,700 51,200 52,500

UNVR still carried the weak turn but with a close horizontal support in which could expectedly slow down the downswing.

* 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.