Daily Research 21 April 2017

S2 S1 IDX R1 R2
5,512.7 5,568.1   5,595.3 5,657.8 5,700
  • Dow Jones closed 0.85% higher at 20,578.7 level as the market doubt the Fed will be as aggressive as predicted before after release of economic data which came out lower than estimated.
  • Regional bourses traded positive following positive sentiments from Dow.
  • However IDX’s candlestick formed a bearish engulfing pattern yesterday, an indicator that selling pressure will still persist today.
  • We expect the market to trade sideways today ahead of long weekend holiday.
 ACST

Sell on Strength

S2 S1 Level R1 R2
3,020 3,100 3,300 3,360 3,450

ACST closed the session higher followed with a high volume and a presence of its horizontal resistance and overbought RSI trend that could limit the upside turn.

KBLI

Buy on Weakness

S2 S1 Level R1 R2
530 600 645 700 760

KBLI moved lower with a close near its recent low. A further downside turn would remain possible if its recent low is broken down.

PTPP

Buy on Weakness

S2 S1 Level R1 R2
3,000 3,150 3,240 3,350 3,510

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

 WTON

Speculative Buy

S2 S1 Level R1 R2
730 750 760 785 805

WTON ended the tradin g negatively near in its diagonal support without volume and oversold RSI trend that could limit the 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.

Kiwoom Trader 21 April 2017

Dow Jones naik 0.85% ditutup pada level 20,578.7 seiring pudarnya kekuatiran atas kenaikan tingkat bunga Amerika yang agresif seiring keluarnya data ekonomi yang kurang begitu memuaskan. Bursa regional pagi ini bergerak positif mengikuti Dow. Secara teknis, candlestick IHSG membentuk pola bearish engulfing yang mengindikasikan pelemahan lanjutan hari ini. Kami memperkirakan IHSG bergerak mixed hari ini menjelang libur panjang akhir pekan.

Stock Closing Rec. S2 S1 R1 R2
ACST 3,300 Sell on Strength 3,020 3,100 3,360 3,450
KBLI 645 Buy on Weakness 530 600 700 760
PTPP 3,240 Buy on Weakness 3,000 3,150 3,350 3,510
WTON 760 Speculative Buy 730 750 785 805

*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 27 December 2016

kiwoom-research-kamis

S2 S1 IDX R1 R2
4,975 5,000   5,027 5,042 5,078
  • Mixed global markets would not send in any support.
  • The IDX still moved lower followed by increasing foreign selling actions last week. Nonetheless, a formation of an inverted hammer during a downtrend would create a reversal sign.
  • So, we predict that the IDX would be in the positive side for today.

Daily Research:

MNCN

Trading buy

S2 S1 Level R1 R2
1,450 1,550 1,620 1,675 1,750

MNCN ended the trading higher with a high enough volume after taking deep downturn in the last several days suggesting a rebound opportunity.

TLKM

Sell on strength

S2 S1 Level R1 R2
3,500 3,630 3,690 3,830 3,970

TLKM took a weak turn with a bearish engulfing pattern indicating another downside potential.

WIKA

Buy on weakness

S2 S1 Level R1 R2
2,000 2,210 2,290 2,430 2,570

WIKA still carried on the downside turn during 6 days in a row. But so, a presence of its horizontal support would expectedly limit the weak trend.

WTON

Speculative buy

S2 S1 Level R1 R2
780 805 820 835 855

WTON ended the trading n e g atively near its diagonal support with a low volume and the presences of several supports that could 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.

Kiwoom Trader 27 December 2016

kiwoom-trader-selasa

Dow Jones Industrial Average naik tipis 14.93 poin, atau 0.07%, pada 19,933.81. Nasdaq Composite juga naik 15.27 poin, atau 0.28%, pada 5,462.69. Wall Street berada di kisaran positif pada hari Jum’at dan menutup perdagangan hari Senin.

Stock Closing Rec. S2 S1 R1 R2
MNCN 1,620 Trading buy 1,450 1,550 1,675 1,750
TLKM 3,690 Sell on strength 3,500 3,630 3,830 3,970
WIKA 2,290 Buy on weakness 2,000 2,210 2,430 2,570
WTON 820 Speculative buy 780 805 835 855

*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 08 December 2016

kiwoom-research-kamis

S2 S1 IDX R1 R2
5,225 5,245   5,265.3 5,300 5,325
  • Quite positive Dow Jones and global markets would expectedly improve the sentiment.
  • The IDX took a correction yesterday with a hammer formation during an upturn in which potentially could push for another weak movement.
  • So, we predict that the IDX would be in the positive side today.

Daily Research:

AALI

Sell on strength

S2 S1 Level R1 R2
16,350 17,000 17,725 18,100 19,275

AALI moved negatively with a hammer pattern after failing to break its recent high suggesting another downside movement.

CTRA

Speculative buy

S2 S1 Level R1 R2
1,265 1,330 1,360 1,405 1,470

CTRA closed the session on the weak side near its diagonal support with a low volume so that any further downturn maybe in a limited range.

ELSA

Buy on weakness

S2 S1 Level R1 R2
406 430 446 466 492

ELSA still carried on the downturn but with the presence of its horizontal support that could slow down the downturn.

WTON

Speculative buy

S2 S1 Level R1 R2
805 825 835 860 885

WTON ended the session in th e negative territory near its diagonal support with a thin volume indicating a limited downside 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 08 December 2016

kiwoom-trader-kamis

Dow Jones industrial average menguat 297.84 poin, atau 1.55%, pada 19,549.62. Nasdaq Composite juga naik 60.76 poin, atau 1.14%, pada 5,393.76. Wall Street bergerak cukup positif pada hari Rabu di tengah sentimen positif Trump dan penguatan sektor transportasi.

Stock Closing Rec. S2 S1 R1 R2
AALI 17,725 Sell on strength 16,350 17,000 18,100 19,275
CTRA 1,360 Speculative buy 1,265 1,330 1,405 1,470
ELSA 446 Buy on weakness 406 430 466 492
WTON 835 Speculative buy 805 825 860 885

*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 02 December 2016

kiwoom-trader-kamis

Dow Jones industrial average menguat 68.35 poin, atau 0.36%, pada 19,191.93. Namun, Nasdaq Composite turun 72.57 poin, atau 1.36%, pada 5,251.11. Wall Street bergerak mixed pada hari Kamis di tengah penguatan saham-saham perbankan dan energi namun turunnya sektor teknologi.

Stock Closing Rec. S2 S1 R1 R2
KLBF 1,590 Sell on strength 1,465 1,535 1,605 1,700
SMGR 9,250 Sell on strength 8,500 8,750 9,350 9,625
PWON 665 Speculative buy 635 660 695 720
WTON 840 Sell on strength 780 800 860 885

*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.