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5 April 2018

S2 S1 IDX R1 R2
5,952.1 6,054.6 6,157.1 6,292.3 6,386.2
 Although opened 2% lower, Dow Jones managed to book 1%
gain at 24,264 as emotional sellers creates buying
opportunities. US investors speculate buy on tech sectors.
 US stock market rebound send some positive momentum for
regional market with Nikkei225 gain 0.9%, Kospi gain 0.7%,
Daily Technical Analysis

and AORD gain 0.3% this morning.


 IDX's candlestick formed bearish engulfing pattern which
indicates another weak session today.
 We expect IDX to trade mixed today as technical rebound
potential only triggered by regional market. In all we tend to see
that global fear of US-China trade war still rule sentiments.
Chinese market closed today for Ching Ming Festival.

ADRO Sell on Strength ANTM Hold


S2 S1 Level R1 R2 S2 S1 Level R1 R2
1,870 1,965 2,040 2,130 2,220 725 760 775 835 870

ADRO was in the negative side followed by a bearish ANTM ended the trading negatively with bearish
engulfing indicating a further downside potential. engulfing pattern. A further downside would remain
possible if ANTM break its diagonal support may
trigger price correction.
BBRI Sell on Strength EXCL Trading Buy
S2 S1 Level R1 R2 S2 S1 Level R1 R2
3,210 3,370 3,490 3,600 3,740 2,250 2,360 2,540 2,620 2,720

BBRI closed the session lower after break below EXCL closed the session higher with long white candle
horizontal support with increasing volume indicating a pattern and followed by higher volume indicating
further downturn. another upside potential.

US Market World Indices


Dow Jones 24,264.3 +230.9 All Ordinaries 5,877.8 +14.1
Nasdaq 7,042.1 +100.8 Nikkei 225 21,508.0 +188.5
TLK 26.82 IDR 3,691 Kospi 2,423.4 +15.3
IDR/US$ 13,763 FTSE 100 * 7,034.0 3.6
+3.6
DAX * 11,957.9 -44.6
US$ and regional indices above were taken at 7:45 WIB CAC 40 * 5,141.8 -10.3
* Previous data IBEX 35 * 9,513.3 -36.3

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
Securities 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.
Research Department Tel : 526-1326 Fax : 526-1320 E-mail: research@kiwoom.co.id

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