Daily Research 06 December 2017

S2 S1 IDX R1 R2
5,886.4 5,927.9 6,000.5 6,031.5 6,081.4
  • US and European stock indices ended lower. Investors fear government shutdown if the US congress has not approved the government budget until the weekend, while the Brexit talk resumed where the terms of the separation have not been
    agreed upon until now.
  • Nikkei 225, Kospi and All Ordinaries opened lower this morning.
  • JCI failed again to hold the gain in the opening session and is still stuck below its MA20 resistance. Support 5,940 and resistance 6,060.
INDF

Speculative Buy

S2 S1 Level R1 R2
7,000 7,200 7,300 7,525 7,725

INDF moved lower during the last several days but with presence of its horizontal support and oversold RSI trend that could dampen a further downside movement.

SILO

Sell on Strength

S2 S1 Level R1 R2
9,275 10,000 11,000 11,075 11,550

SILO closed the session higher near horizontal resistance with a thin volume and overbought RSI trend that could limit the upside turn.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,775 1,885 1,950 2,040 2,160

WSKT moved in the negative side with a long black candle so that could lead to a further downturn.

WTON

Hold

S2 S1 Level R1 R2
496 520 525 575 595

WTON closed near its recent low. A further downside would remain possible if WTON break its horizontal support line may trigger downtrend channel.

* 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 06 December 2017


Indeks saham AS dan Eropa ditutup lebih rendah. Investor mengkhawatirkan terjadinya government shutdown apabila kongres AS belum menyetujui anggaran pemerintah sampai akhir pekan, sementara itu perundingan Brexit kembali dimulai dimana syarat-syarat pemisahan masih belum disepakati hingga sekarang. Indeks Nikkei 225, Kospi, dan All Ordinaries dibuka lebih rendah pagi ini. IHSG kembali gagal mempertahankan penguatan di sesi pembukaan dan masih tertahan di bawah resistance MA20nya. Support 5940, resistance 6060.

Stock Closing Rec. S2 S1 R1 R2
INDF 7,300 Speculative Buy 7,000 7,200 7,525 7,725
SILO 11,000 Sell on Strength 9,275 10,000 11,075 11,550
WSKT 1,950 Sell on Strength 1,775 1,885 2,040 2,160
WTON 525 Hold 496 520 414 440

*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 October 2017

S2 S1 IDX R1 R2
5,914.0 5,954.7 6,025.4 6,050 6,100
  • Dow Jones closed 112.3 point lower at 23,329.5 levels backed by higher US Government bond yield.
  • Regional market traded sideways this morning.
  • IDX traded higher above all-time high level but looked vulnerable to profit taking actions affected by tendencies of rising bond yield.
  • We expect IDX to trade mixed with lower tendency today.
ADHI

Speculative Buy

S2 S1 Level R1 R2
2,030 2,160 2,250 2,320 2,460

ADHI moved higher with long white candle formation supported by a high enough volume in which could lead to another favorable opportunity.

AKRA

Sell on Strength

S2 S1 Level R1 R2
7,275 7,500 7,900 8,075 8,375

ITMG ended the trading positively with a thin volume and overbought RSI trend that could limit the upswing.

DOID

Trading Buy

S2 S1 Level R1 R2
900 960 1,015 1,070 1,170

DOID moved in the positive side followed by a bullish engulfing pattern and high a volume suggesting another favorable potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,920 2,100 2,220 2,250 2,390

WSKT closed the session higher near its diagonal support with a thin volume and overbought RSI trend overbought 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.

Kiwoom Trader 26 October 2017


Pasar Eropa dan Amerika mengalami koreksi seiring aksi profit taking investor. Dow Jones turun 112.3 poin ditutup pada level 23,329.5 kemarin yang juga dipicu kenaikan yield obligasi Pemerintah Amerika. Bursa regional diperdagangkan mendatar pagi ini. IHSG naik menembus level tertinggi sebelumnya didukung aksi beli selektif investor asing atas saham berkapitalisasi pasar besar. Sentimen positif kinerja perusahaan serta disetujuinya APBN 2018 memberi dukungan terhadap kenaikan IHSG kemarin. Namun demikian kendati ditutup diatas level 6,000 kami menilai IHSG masih rentan terkena aksi profit taking seiring tren kenaikan yield obligasi.

Stock Closing Rec. S2 S1 R1 R2
ADHI 2,250 Speculative Buy 2,030 2,160 2,320 2,460
AKRA 7,900 Sell on Strength 7,275 7,500 8,075 8,375
DOID 1,015 Trading Buy 900 960 1,070 1,170
WSKT 2,220 Sell on Strength 1,920 2,100 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,

Daily Research 24 October 2017

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,950.0 5,967.1 6,000
  • Dow Jones closed 0.23% lower at 23,274 levels dragged by General Electric shares.
  • Regional market traded sideways this morning due to lack of positive catalyst.
  • IDX closed near all-time high 5,951 levels backed by selective purchase of stocks by foreign investors. However IDX’s candlestick formed inverted hammer pattern with upside gap which may lead to a technical correction today.
  • In all we expect IDX to trade mixed with negative tendency today.
HRUM

Buy on Weakness

S2 S1 Level R1 R2
2,100 2,230 2,330 2,480 2,610

HRUM was in the negative side but with a close near its horizontal support that could limit the downturn movement.

JSMR

Buy on Weakness

S2 S1 Level R1 R2
5,675 5,825 5,950 6,200 6,350

JSMR closed the session lower near its diagonal support with a thin volume suggesting a limited downside potential.

UNVR

Speculative Buy

S2 S1 Level R1 R2
47,650 48,325 49,150 50,500 51,425

UNVR ended the trading negatively in diagonal support area with a thin volume that could dampen a further downside movement.

WSKT

Sell on Strength

S2 S1 Level R1 R2
1,980 2,100 2,160 2,250 2,370

WSKT ended the trading flat after fail to break above horizontal resistance with a doji pattern that could potentially push for a correction.

* 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 24 October 2017


Pasar Eropa diperdagangkan mixed kemarin. Dow Jones turun 0.23% ditutup pada level 23,274 kemarin dipicu koreksi saham General Electric. Bursa regional diperdagangkan mendatar pagi ini seiring sepinya berita penggerak pasar. IHSG ditutup dekat dengan level tertinggi 5,951 dengan dukungan aksi beli investor asing. Namun demikian candlestick IHSG membentuk pola inverted hammer dengan upside gap sehingga berpotensi memicu koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
HRUM 2,330 Buy on Weakness 2,100 2,230 2,480 2,610
JSMR 5,950 Buy on Weakness 5,675 5,825 6,200 6,350
UNVR 49,150 Speculative Buy 47,650 48,325 50,500 51,425
WSKT 2,160 Sell on Strength 1,980 2,100 2,250 2,370

*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 16 October 2017

 

S2 S1 IDX R1 R2
5,825.1 5,854.5 5,924.1 5,967.1 6,000
  • Dow Jones closed 0.13% higher at 22,871.7 levels backed by positive sentiments as US earnings season kicks in.
  • EIDO closed 1.12% higher last Friday expected to support IDX on early trade today. Regional market traded positive this morning.
  • IDX’s candlestick formed shooting star last Friday which may lead to profit taking actions today.
  • In all we expect IDX to trade mixed today as foreign investors still record net sell on Indonesian equities.
BBTN

Sell on Strength

S2 S1 Level R1 R2
2,840 2,960 3,050 3,200 3,300

BBTN closed the session lower with dark cloud cover pattern followed by higher volume indicating a further downturn.

BSDE

Sell on Strength

S2 S1 Level R1 R2
1,700 1,730 1,750 1,775 1,800

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

GGRM

Sell on Strength

S2 S1 Level R1 R2
60,150 62,500 64,200 66,525 69,250

GGRM moved negatively with a long black candle followed by a high volume and also break on its horizontal support suggesting a further downside potential.

WSKT

Speculative Buy

S2 S1 Level R1 R2
1,700 1,800 1,865 1,920 2,000

WSKT edged higher with the break on its horizontal resistance and high volume after downturn suggesting a further up movement.

* 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.