Daily Analysis 20220620

Global update:

June 20th, 2022

Good morning,

S&P 500 rises slightly Friday, but still posts worst week since 2020

The S&P 500 and the Nasdaq Composite bounced on Friday as Wall Street attempted to find its footing following a brutal week of selling. But all the major averages ended the week in the negative, with the S&P 500 posting its worst week since 2020.

Dow…….29889 -38.3 -0.13%
Nasdaq.10798 +152.3 +1.43%
S&P 500..3675 +8.1 +0.22%

FTSE…….7016 -28.7 -0.41%
Dax……..13126 +87.8 +0.67%
CAC……..5883 -3.6 -0.06%

Nikkei….25963 -468.2 -1.77%
HSI……..21075 +229.6 +1.10%
Shanghai..3317 +31.4 +0.96%
ST Times..3097 +0.7 +0.02%

IDX…….6936.97 -113.36 -1.61%
LQ45…..997.90 -19.99 -1.96%

IDX Energy…1673.04 -17.66 -1.04%
IDX Bsc Mat.1283.03 -32.74 -2.49%
IDX Industrl..1226.78 -22.05 -1.77%
IDXNONCYC..684.30 -10.60 -1.53%
IDX Hlthcare.1494.91 +17.47 +1.18%
IDXCYCLIC…..885.34 -10.45 -1.17%
IDX Techno..7722.91 -116.42 -1.49%
IDX Transp….2061.47 -9.36 -0.45%
IDX Infrast……938.55 -7.33 -0.77%
IDX Finance 1468.38 -13.63 -0.92%
IDX Property…….691 +3.40 +0.50%

Indo10Yr….7.5211 +0.0074 +0.10%
ICBI……….327.2185 -0.5316 -0.16%
US10Yr….3.2390 -0.0680 -2.06%
VIX……….31.14 -1.82 -5.52%

USDIndx 104.7000 +1.0690 +1.03%‼️
Como Indx….309.08 -8.09 -2.55%‼️
(Core Commodity CRB)
BCOMIN……..168.92 -1.38 -0.81%

IndoCDS…132.71 unch +0%
(5-yr INOCD5) .

IDR……14824.50 +57.00 +0.39%‼️
Jisdor..14828.00 +87.00 +0.59%‼️

Euro………1.0499 -0.0055 -0.53%

TLKM……..27.39 +0.19 +0.70%
(4061)
EIDO……….22.62 -0.28 -1.22%
EEM……….39.67 +0.15 +0.38%

Oil………….109.56 -7.22 -6.18%‼️
Gold …… .1840.60 -14.30 -0.77%
Timah. .31184.00 -861 -2.52%‼️
( Closed 17/6)
Nickel..25556.50 +251.50 +0.99%
(Closed 18/6)
Silver……….21.68 -0.27 -1.23%
Copper…..402.95 -9.00 -2.18%

Nturl Gas…..7.005 -0.341 -4.64%

Ammonia ..4973.33 +10.33 +0.21%
China
(Domestic Price)(16/6)

Coal price…389.35 +3.00 +0.78%
(Jun/Newcastle)
Coal price… 358.75 +12.35 +3.57%‼️
(Jul/Newcastle)
Coal price….335.00 +4.35 +1.32%
(Jun/Rotterdam)
Coal price….328.85 +17.00 +5.45%‼️
(Jul/ Rotterdam)

CPO(Sept)…5456 -21 -0.38%
(Source: bursamalaysia.com)
Corn…………731.00 -4.00 -0.54%
SoybeanOil….71.06 -1.88 -2.58%
Wheat……..1046.75 -43.75 -4.01%

Wood pulp…6636.00 unch +0%
(Closed 18/6)

©️Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE

Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas
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US rebound, europe cuma jerman ijo, asia jum’at kemaren pada ijo kecuali nikkei sama ihsg. Kayanya rada rebound dulu tudei, baru lanjut kebawah

Oil drop gede, gold tin silver copper gas cpo turun, Nickel naik, coal naik rada signifikan, waktunya rebound buat emiten coal kayanya, kemaren2 udah jauh drop nya padahal harga coal sekarang masih sangat tinggi dibanding dulu yang dibawah 100USD/MT

Masih jadwal koreksi, saking semangatnya sampe bikin gap lagi. Gpp lah, jadi jelas ada target TP nanti pas riding rebound after wave C

Infra, techno, healthcare, property, finance, tapi finance abaikan dulu sampe beres wave C

ISAT TBIG TLKM EXCL TOWR

ISAT – Jadwal koreksi dulu, nanti kita ambilin lagi di bawah, ada gap di 7850 yang belum ketutup, target TP nanti disitu

 

TBIG – minor correction dulu, retracement theory bilang bakal ke fibo 23 an dulu baru lanjut. Signal williams alligator udah firm buy, supertrend belum, MACD masih firm, siap2 re-entry di level fibo 23 / next stoch 833 buy signal

TLKM – foreign masih buang, bandar udah mulai akum, stoch macd udah ok, ada 2 gap, yang bawah bisa dijadiin target TP terdekat, kalo misalnya turun lagi keseret index berani nambah di level psikologis 4000

EXCL – masih belum beres koreksinya, all suggest gitu, late runner di infra kayanya ini, sama dengan towr yang kemaren sempet gerak dikit terus tenggelam kembali. Sudah keliatan ada divergence, kita tunggu konfirmasi, ada kemungkinan mau beresin wave C ke level 2000

TOWR – divergence confirmed by 2 bull candle, stoch macd D1 masih belum buy signal, regression channel udah bilang mantul, itungan elliot wave reverse bilang koreksi mungkin sampe level 700. Bisa entry sebagian, nambah ketika gerakan firm di chart D1

Pantau stoploss ketat tapi

BUKA EMTK

BUKA – Technically menarik, fundamentally sampah, dan volatile banget, buat swing dengan equity gede dan berharap riding naik turun ga bisa santai, kalo mau swing tapi beneran gantung kalo lagi koreksi. Secara technical udah ok buat buy sekarang

Divergence confirmed, stoch macd buy signal

EMTK – Bullish divergence confirmed by MA 10, MACD buy, stoch buy, linear regression udah ok mantul ke atas semoga sekaligus tutup gap pertama

MIKA

MIKA – kemaren exit dulu di stoch correction signal, mau rebuy di buy signal, secara technical yang lain masih ok, kebawa sama index aja ini. Target minimal TP di gap closing, tapi harusnya wave 3 rada panjang

PWON memimpin, BSDE CTRA nyusul

PWON – Stoch buy, bandar mulai akum, foreign, emang udah net buy lama, ABC correction udah touch level Fibo 1,61 sah untuk selesai koreksi, linear regression udah mantul, semoga long run mulai bikin impulse wave 12345 lagi

BSDE – belum saatnya, linear regression masih nanggung, belum jelas mau ke ujung lower channel nya atau mau mantul ke mid, ABC correction belum keliatan mulai, ada bullish divergence tapi confirmed, masih cancelled, tunggu divergence baru, MACD masih ke bawah, stochastic juga, tapi ada yang menarik, ada frequency spike. Semoga pertanda ga lama lagi mau diangkat, walau per sekarang bandar masih distribusi dan foreign juga exit

CTRA – Masih belum… Bandar dist, foreign exit, divergence belum confirmed, regression channel siap2 mantul, Stoch MACD juga belum. Tapi kalo bener jalan wave 3 sambil bandar akum dan foreign NB cakep harusnya ini

BRPT INTP PGAS TLKM PWON SMRA — Finance diabaikan ya…

BRPT – stoch buy, macd belum, ada freq spike walau ga terlalu besar, sementara bandar masih distribusi foreign masih exit, ada divergence belum confirmed, regression channel ok buat buy, ada gap di atas. Kemaren entry setengah botol ga dapet barang, senin mau masuk tetep lot nya setengah botol dulu.Basic material memang cacingnya juga keliatan mau gerak tapi belum jalan

INTP – stoch buy, lin reg channel ok, divergence confirmed by 2 bull candle, freq analyzer bilang freq ngecil volume naik –> big player mulai masuk. Tapi ga spike. Sementara Bandar masih distribusi, foreign buang. Masih ragu ini…

Ga kompak sama yang lain… Belum dulu lah…

MYOR

MYOR – Stoch sama MACD buy signal, tapi foreign buang terus, bandar baru akum 4 hari terakhir, dan itu juga terus menurun volumenya

Linear regression ga ok, dari divergence setelah hidden bulish divergence udah naik, sekarang ketemu hidden bearish divergence, kayanya ga lama lagi koreksi ini