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.

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Kiwoom Trader 16 October 2017


Pasar Eropa diperdagangkan mixed akhir pekan lalu namun Dow Jones berhasil naik 0.13% ditutup pada level 22,871.7 didukung sentimen positif kinerja keuangan perusahaan Amerika. EIDO naik 1.12% hari Jumat diharapkan dapat menopang IHSG pagi ini. Bursa regional diperdagangkan cukup positif pagi ini. Candlestick IHSG membentuk shooting star hari Jumat mengindikasikan potensi terjadinya koreksi teknikal hari ini. Kami memperkirakan IHSG bergerak mixed hari ini ditengah masih berlanjutnya aksi jual investor asing.

Stock Closing Rec. S2 S1 R1 R2
BBTN 3,050 Sell on Strength 2,840 2,960 3,200 3,300
BSDE 1,750 Sell on Strength 1,700 1,730 1,775 1,800
GGRM 64,200 Sell on Strength 60,150 62,500 66,525 69,250
WSKT 1,865 Speculative Buy 1,700 1,800 1,920 2,000

*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 14 August 2017

S2 S1 IDX R1 R2
5,675.3 5,731.8   5,766.1 5,865.4 5,910.2
  • Dow Jones closed 14.3 point higher at 21,858.3  levels last Friday backed by Apple stock. European market closed lower last week.
  • Regional market traded relatively negative this morning.
  • IDX traded down near recent low at 5,749 levels a foreign investor booked net sell positions. A break below recent low may trigger major correction as IDX has been traded sideways within the last 1-2 months.
  • In all we expect IDX to trade in negative territory today.
BSDE

Buy on Weakness

S2 S1 Level R1 R2
1,680 1,740 1,770 1,900 1,965

BSDE closed the session lower with long black candle pattern near its diagonal support and a thin volume suggesting a limited downside potential.

ISAT

Sell on Strength

S2 S1 Level R1 R2
6,375 6,600 6,725 7,000 7,200

ISAT ended the trading negatively in diagonal resistance area with high volume after closing higher in previous three days ago may trigger price correction.

PWON

Buy on Weakness

S2 S1 Level R1 R2
570 610 645 685 725

PWON moved in the negative territory followed by a long black candle pattern creating a further downside potential.

WSKT

Sell on Strength

S2 S1 Level R1 R2
2,180 2,250 2,340 2,420 2,500

WSKT ended the session in the positive side with only a low volume indicating a limited upside 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.

Kiwoom Trader 14 August 2017

Dow Jones naik 14.3 poin ditutup pada level 21,858.3 akhir pekan lalu didukung oleh saham Apple. EIDO naik 0.76% ditutup pada level 26.65 diharapkan dapat menopang IHSG hari ini. Bursa Eropa ditutup turun akhir pekan lalu. Bursa regional diperdagangkan mixed pagi ini. IHSG turun mendekati level terendah sebelumnya pada 5,749 didorong aksi jual investor asing hari Jumat lalu. Penembusan ke bawah level tersebut berpotensi memicu koreksi besar, mengubah tren sideways IHSG dalam 1-2 bulan terakhir. Kami memperkirakan IHSG bergerak cenderung menurun hari ini.

Stock Closing Rec. S2 S1 R1 R2
BSDE 1,770 Buy on Weakness 1,680 1,740 1,900 1,965
ISAT 6,725 Sell on Strength 6,375 6,600 7,000 7,200
PWON 645 Buy on Weakness 570 610 685 725
WSKT 2,340 Sell on Strength 2,180 2,250 2,420 2,500

*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 June 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,792.9 5,837.2 5,900.0
  • Dow Jones closed 46.1 point higher at 21,374.56 levels while EIDO closed 1.15% higher at 27.33 levels. The Fed decided to increase Fed Fund Rate by 25 Bps on its FOMC meeting.
  • Regional bourses traded mixed this morning, clouded by lower crude oil price after US crude oil inventory data released.
  • IDX closed at all-time high on last minute trades but not supported by strong trading volume.
  • We expect IDX to trade mixed with positive tendency this morning.
CTRA

Trading Buy

S2 S1 Level R1 R2
1,000 1,095 1,160 1,230 1,300

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

JSMR

Sell on Strength

S2 S1 Level R1 R2
5,000 5,150 5,300 5,375 5,525

JSMR ended the trading positively in its diagonal resistance with a thin volume and overbought RSI trend that could limit the upswing.

WIKA

Trading Buy

S2 S1 Level R1 R2
2,100 2,180 2,260 2,330 2,400

WIKA has a chance to continue rally after ended trading with high volume. A break above R1 may send WIKA higher to test resistance levels.

WSKT

Trading Buy

S2 S1 Level R1 R2
2,180 2,250 2,350 2,420 2,500

WSKT moved rather positively supported by a high enough volume that could create the opportunity to break its resistance.

* 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 June 2017

Dow Jones naik 46.1 poin ditutup pada level 21,374.56. EIDO naik 1.15% ditutup pada level 27.33. The Fed kembali menaikkan suku bunga sebesar 25 basis poin dan mengindikasikan akan kembali menaikkan bunga satu kali lagi tahun ini, sesuai dengan ekspektasi pasar. Bursa regional di perdagangkan mixed pagi ini ditengah sentimen penurunan harga minyak dunia setelah keluarnya data persediaan minyak Amerika. IHSG ditutup pada level tertinggi baru namun tidak didukung oleh kenaikan volume perdagangan. Oleh karena itu kami memperkirakan IHSG bergerak cenderung positif hari ini.

Stock Closing Rec. S2 S1 R1 R2
CTRA 1,160 Trading Buy 1,000 1,095 1,230 1,300
JSMR 5,300 Sell on Strength 5,000 5,150 5,375 5,525
WIKA 2,260 Trading Buy 2,100 2,180 2,330 2,400
WSKT 2,350 Trading Buy 2,180 2,250 2,420 2,500

*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 31 May 2017

S2 S1 IDX R1 R2
5,590.5 5,643.5   5,693.4 5,770.6 5,837.2
  • Dow Jones closed 0.24% lower at 21,029.5 levels as investor tend to wait and see ahead of Friday’s job reports.
  • Regional bourses traded flat this morning as investors wait and digest Chinese manufacturing data this morning.
  • IDX’s candlestick formed a bearish harami pattern which indicate further downside risk today.
  • We expect IDX to trade mixed with negative tendency today ahead of National holiday tomorrow.
INTP

Sell on Strength

S2 S1 Level R1 R2
17,800 18,325 18,775 19,000 19,500

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

MAPI

Sell on Strenth

S2 S1 Level R1 R2
5,225 5,625 5,900 6,150 6,525

MAPI moved higher with a long white candle pattern but with the presences of several resistance that could limit the upswing.

ROTI

Speculative Buy

S2 S1 Level R1 R2
1,420 1,470 1,500 1,555 1,600

ROTI ended trading negative in long term diagonal support without volume and near oversold RSI trend that could dampen a further downside movement.

WSKT

Buy on Weakness

S2 S1 Level R1 R2
2,230 2,290 2,330 2,390 2,470

WSKT ended the trading negatively but with the presences of horizontal support that could limit 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.