Daily Research 10 August 2017

S2 S1 IDX R1 R2
5,749.3 5,780.6   5,824.0 5,865.4 5,910.2
  • Dow Jones closed 36.6 point lower at 22,048.7 levels on rising geopolitical risks triggered by North Korea’s nuclear weapon capabilities. European bourses
    closed lower yesterday.
  • Regional bourses traded slightly positive this morning after having technical correction yesterday.
  • IDX closed higher on pre-close session yesterday and closed at its strong diagonal resistance line which may trigger price correction today.
  • We expect IDX to trade on negative territory today.
MAPI

Sell on strength

S2 S1 Level R1 R2
6,150 6,450 6,700 6,800 7,200

MAPI edged higher but with a position near its rather strong horizontal resistance possibly trimming a further upside potential.

SCMA

Trading Buy

S2 S1 Level R1 R2
2,170 2,300 2,390 2,470 2,600

SCMA was in the positive side with a full white candle with a high enough volume suggesting another upside opportunity.

TINS

Trading buy

S2 S1 Level R1 R2
745 785 860 900 950

TINS closed the session higher with a long white candle pattern also supported by a high volume indicating another upside potential.

WIKA

Trading Buy

S2 S1 Level R1 R2
1,900 1,950 2,070 2,170 2,240

WIKA ended the trading positively with high enough volume indicating another upside 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 10 August 2017

Dow Jones turun 36.6 poin ditutup pada level 22,048.7 ditengah kekuatiran dunia atas memanasnya risiko geopolitik global terkait kebijakan persenjataan nuklir Korea Utara. Bursa Eropa ditutup turun kemarin. Bursa kawasan regional diperdagangkan sedikit naik hari ini setelah mengalami penurunan kemarin. IHSG naik pada akhir sesi perdagangan kemarin ditutup pada garis diagonal resisten kuat. IHSG berpotensi mengalami koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
MAPI 6,700 Sell on Strength 6,150 6,450 6,800 7,200
SCMA 2,390 Trading Buy 2,170 2,300 2,470 2,600
TINS 860 Trading Buy 745 785 900 950
WIKA 2,070 Trading Buy 1,900 1,950 2,170 2,240

*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,

Kiwoom Trader 18 July 2017

 

 

Dow Jones diperdagangkan mixed, ditutup turun 8 poin pada level 21,629.7. Rapat ECB dijadwalkan berlangsung pada 20 Juli, diharapkan dapat memberi arahan terhadap isu tapering yang akan dilakukan. Bursa regional diperdagangkan cenderung turun pagi ini. Harga komoditas ditutup cenderung menguat kemarin. IHSG naik pada akhir sesi perdagangan kemarin kendati dibayangi aksi jual investor asing. Kami memperkirakan IHSG bergerak mendatar hari ini.

Stock Closing Rec. S2 S1 R1 R2
AISA 1,485 Trading Buy 1,280 1,400 1,545 1,660
INCO 2,090 Sell on Strength 1,850 1,960 2,150 2,270
MEDC 2,720 Sell on Strength 2,290 2,570 2,770 3,010
WIKA 2,090 Sell on Strength 1,990 2,000 2,180 2,260

*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 10 July 2017

S2 S1 IDX R1 R2
5,694.9 5,749.6   5,814.8 5,910.2 5,950.0
  • Dow Jones closed 94.3 point higher at 21,414.3 levels last Friday.
  • Global investors tend to wait and see the effect of rising global bond yield, which boost US$ index. As the result, crude oil price traded lower around US$ 44.2 per barrel this morning.
  • IDX traded lower near its strong diagonal support line. A break below the line may trigger major correction.
  • We expect IDX to trade negative today as investors realize profits.
BJBR

Speculative Buy

S2 S1 Level R1 R2
1,745 1,960 2,040 2,240 2,450

BJBR closed the session lower in its long term diagonal support with a thin volume that could dampen a further downside movement.

JSMR

Sell on Strength

S2 S1 Level R1 R2
4,940 5,125 5,275 5,425 5,650

JSMR took a deep downturn with a long black candle and a break a support of an uptrend channel indicating a further down trend.

PGAS

Buy on Weakness

S2 S1 Level R1 R2
2,190 2,290 2,340 2,430 2,540

PGAS took a negative step followed by a formation of a bearish engulfing yesterday suggesting a further weak sign.

WIKA

Speculative Buy

S2 S1 Level R1 R2
2,100 2,180 2,200 2,330 2,400

WIKA ended trading negatively near its horizontal 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 10 July 2017

Dow Jones naik 94.3 poin ditutup pada level 21,414.3 akhir pekan lalu. Sentimen bursa global masih dirasa negatif seiring kenaikan tingkat imbal hasil (yield) obligasi negara maju. Yield obligasi 10 tahun Pemerintah Amerika naik 0.97% hari Jumat menjadi 2.39%. Kecenderungan penguatan US$, yang dipicu naiknya yield, menekan harga minyak dunia pada kisaran US$ 44.2 pagi ini. IHSG turun mendekati garis diagonal support kuat. Penembusan ke bawah garis tersebut berpotensi memicu koreksi pasar yang cukup besar. Kami memperkirakan IHSG bergerak cenderung menurun hari ini seiring aksi profit taking investor.

Stock Closing Rec. S2 S1 R1 R2
BJBR 2,040 Speculative Buy 1,745 1,960 2,240 2,450
JSMR 5,275 Sell on Strength 4,940 5,125 5,425 5,650
PGAS 2,340 Buy on Weakness 2,190 2,290 2,430 2,540
WIKA 2,200 Speculative Buy 2,100 2,180 2,330 2,400

*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 20 June 2017

S2 S1 IDX R1 R2
5,590.5 5,668.7   5,723.6 5,837.2 5,900.0
  • Dow Jones closed 0.68% higher at fresh all-time high at 21,528.99 levels backed by technology sector.
  • Regional bourses traded relatively positive this
    morning.
  • IDX’s candlestick formed bullish harami near strong diagonal support line. IDX may get technical rebound to test all-time high at 5,792 levels.
  • We expect IDX to trade positive today backed by window dressing sentiments ahead of Lebaran holiday.
AKRA

Trading Buy

S2 S1 Level R1 R2
6,050 6,200 6,350 6,575 6,750

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

INDF

Speculative Buy

S2 S1 Level R1 R2
8,025 8,200 8,325 8,550 8,750

INDF closed the session lower near its diagonal support without volume that could dampen a further downside movement.

MIKA

Sell on Strength

S2 S1 Level R1 R2
1,850 1,950 2,050 2,180 2,280

MIKA moved in the negative side with a bearish engulfing pattern after increase a few days so that could lead to a further downturn.

WIKA

Speculative Buy

S2 S1 Level R1 R2
2,000 2,180 2,200 2,280 2,380

WIKA closed the session down near its horizontal support with a low 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 20 June 2017

Dow Jones naik 0.68% ditutup pada level tertinggi baru 21,528.99 didukung sektor teknologi. Bursa kawasan regional diperdagangkan cenderung positif pagi ini. Candlestick IHSG membentuk pola bullish harami dekat dengan garis diagonal support kuat. IHSG berpotensi rebound menguji level tertinggi sebelumnya pada 5,792. Potensi window dressing diharapkan dapat menopang IHSG menjelang libur Lebaran.

Stock Closing Rec. S2 S1 R1 R2
AKRA 6,350 Trading Buy 6,050 6,200 6,575 6,750
INDF 8,325 Speculative Buy 8,025 8,200 8,550 8,750
MIKA 2,050 Sell on Strength 1,850 1,950 2,180 2,280
WIKA 2,200 Speculative Buy 2,000 2,180 2,280 2,380

*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,