Daily Research 06 July 2017

S2 S1 IDX R1 R2
5,749.6 5,792.9   5,825.1 5,910.2 5,950.0
  • Dow Jones closed 1.1 point lower at 21,478.17 levels after minutes of meeting showed Fed’s concerns over the impact of series of rate hikes to the market.
  • Regional bourses traded relatively negative this morning as oil slipped 3% overnight, closed at US$ 45.6 per barrel this morning.
  • IDX traded lower yesterday after failed to break strong diagonal resistance line. We expect IDX to trade on negative territory today.
AALI

Sell on Strength

S2 S1 Level R1 R2
14,200 14,650 15,200 15,500 15,950

AALI closed the session higher with a high volume but closed near its overbought RSI Trend that could limit the upswing.

BMRI

Sell on Strength

S2 S1 Level R1 R2
12,250 12,900 13,325 13,500 14,000

BMRI was in the negative side with a bearish harami pattern suggesting a further downside movement.

GJTL

Speculative Buy

S2 S1 Level R1 R2
935 995 1,005 1,060 1,160

GJTL closed the session down near its short term diagonal support indicating a limited downside potential.

WTON

Speculative Buy

S2 S1 Level R1 R2
560 585 605 640 665

WTON ended the trading negatively in its diagonal support with a thin volume and oversold RSI Trend that could dampen a further 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.

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Kiwoom Trader 06 July 2017

 

Dow Jones turun hanya 1.1 poin ditutup pada level 21,478.17 setelah notulen rapat menunjukkan kekuatiran the Fed atas dampak kebijakan kenaikan suku bunga terhadap pasar. Bursa regional pagi ini diperdagangkan cenderung negatif dipicu penurunan harga minyak sekitar 3% menjadi US$ 45.6 per barrel. IHSG mengalami koreksi setelah gagal menembus garis diagonal resisten kuat. Kami memperkirakan IHSG bergerak cenderung melemah hari ini.

Stock Closing Rec. S2 S1 R1 R2
AALI 15,200 Sell on Strength 14,200 14,650 15,500 15,950
BMRI 13,325 Sell on Strength 12,250 12,900 13,500 14,000
GJTL 1,005 Speculative Buy 935 995 1,060 1,160
WTON 605 Speculative Buy 560 585 640 665

*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 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.