Daily Analysis 20230502

May 02nd 2023

Good morning,

Dow closes slightly lower following JPMorgan’s takeover of fallen First Republic

The Dow Jones Industrial Averag
e inched lower Monday in the wake of the government’s seizure of First Republic over the weekend and the bank’s subsequent sale to JPMorgan Chase.

Dow……34052 -46.5 -0.14%
Nasdaq12213 -13.99 -0.11%
S&P 500.4168 -1.6 -0.04%

FTSE…..7871 closed +0%
Dax……15922 closed +0%
CAC……7492 closed +0%

Nikkei…..29123 +266.7 +0.92%
HSI………19895 closed +0%
Shanghai.3323 closed +0%

IDX…..6915.72 closed +0%
LQ45….961.75 closed +0%
IDX30…501.01 closed +0%

IDXEnergy…2094.86 closed +0%
IDX BscMat 1171.17 closed +0%
IDX Indstrl…1207.23 closed +0%
IDXNONCYC.726.67 closed +0%
IDX Hlthcare1541.67closed +0%
IDXCYCLIC…..810.83closed +0%
IDX Techno..4937.07’closed +0%
IDX Transp..1809.88 closed +0%
IDX Infrast…..822.05 closed +0%
IDX Finance.1385.54 closed +0%
IDX Banking.1151.04 closed +0%
IDX Property…700 closed +0%

Indo10Yr.6.7151 closed +0%
ICBI….356.7992 closed +0%
US2Yr.4.1407 +0.1199 +2.98%
US5Yr 3.6328 +0.1345 +3.84%‼
US10Yr3.5700+0.1370 +3.84%‼
US30Yr.3.8090+0.1270 +3.45%‼
VIX…… 16.08 +0.30 +1.90%

USDIndx102.1510 +0.6480 +0.64%
Como Indx.266.32 -1.83 -0.68%
(Core Commodity CRB)
BCOMIN…154.49 +0.59 +0.38%

IndoCDS..90.11 -8.90 -8.98%👍
(5-yr INOCD5) (28/04)

IDR…..14674.50👍 closed +0%
Jisdor.14661.00👍 closed +0%

Euro……1.0975 -0.0044 -0.40%

TLKM..28.51 -0.29 -1.01%
(4180)
EIDO….24.68 -0.07 -0.26%
EEM….39.00 -0.13 -0.33%

Oil……75.68 -1.10 -1.43%
Gold.1991.20 -7.90 -0.40%
Timah..26088.00 closed +0%
(Closed 28/04)
Nickel..24259.00 closed +0%
(Closed 28/04)
Silver……25.25 +0.02 +0.08%
Copper…393.40 +4.35 +1.12%

Nturl Gas.2.313 -0.0850 -3.54%

Coal price.185.15 closed +0%
(May/Newcastle)
Coal price.187.60 closed +0%
(Jun/Newcastle)
Coal price.191.60 closed +0%
(Jul/Newcastle)
Coal price.195.85 closed +0%
(Agt/Newcastle)

Coal price.136.40 closed +0%
(May/Rotterdam)
Coal price.132.80 closed +0%
(Jun/ Rotterdam)
Coal price 131.80 closed +0%
(Jul/Rotterdam)
Coal price 136.40 closed +0%
(Agt/Rotterdam)

CPO(Jul)…3353 closed +0%
(Source: bursamalaysia.com)

Corn……..584.50 -0.50 -0.09%
SoybeanOil51.81 +0.14 +0.17%
Wheat….618.25 -15.50 -2.45%

Wood pulp..4000.00 unch +0%
(Closed 01/05)

©Phintraco Sekuritas
Broker Code: AT
Desy Erawati/ DE
Source: Bloomberg, Investing, IBPA, CNBC, Bursa Malaysia
Copyright: Phintraco Sekuritas

US closing merah kemaren, Europe closed, Asia kebanyakan tutup, Nikkei ijo. Interest Rate US naik lagi, ga bagus buat saham ini

Oil gas merah, coal market (Newcastle/Rotterdam) closed, Gold merah, silver copper ijo

IHSG – Stoch Up, MACD up, MFI flat, w% masih uptrend, BD FF acc, rejection candle di fibo 50, tapi harusnya masih firm retracement pattern, sekalian breakout double bottom. Semoga cepet rally lagi

Industrials melemah, Infrastructure, Basic Materials, Transportation siap jalan, Technology Healthcare sama Consumer Non-Cyclicals terlihat mau nyusul. Financials melemah, kalo lanjut melemah bahaya buat index

Stochastic Buy Signal banyak, kita sort yang FNB atau BD accum: ADRO ICBP ADMR ASSA BRMS LPPF

MACD Buy Signal: ACES GOTO SRTG ADMR ISAT

Alligator Buy Signal: BBTN TOWR

ADRO – stoch buy, macd up, MFI sown, w% uptrend, BD FF acc, retracement pattern harusnya bawa tutup gap 3300, kalo yang 3770 kayanya susah dengan winter yang udah lewat, kecuali lanjut krisis energy. price action nya bisa diliat kaya IHNS atau CNH, sekarang lagi di neckline. Yang punya hold, yang mau entry tunggu konfirmasi breakout

ICBP – stoch buy, macd up, MFI up, w% uptrend, BD FF acc, ketemu reg bear, hati-hati, IHNS breakout, ada resistance kuat 10.575. Harusnya bisa BOW di tengah candle kemaren, riding the wave

Ga ada spike signifikan…

Udah diatas harga bandar…

ADMR – ini menarik, stoch buy, macd buy, BD FF tipis tipis tapi mulai entry, abis gorengan setelah IPO udah koreksi jauh, ABC done, udah bikin higher low, ok ini

Ada spike walau ga tinggi, tapi pas harga udah dibawah, bagus sih

Harga aman

ASSA – stoch buy, MACD up, MFI up, w%uptrend, BD FF acc, breakout minor CNH, crater theory target 1035. Elliot Wave reverse done, supposedly retrace, udah bikin higher low, berani BOW sih

Wah, belum, ini swingnya udah dulu kayanya, WNS dulu

Kecuali udah cukup koreksi, entry ikut 833

BRMS – stoch buy, macd still down, mfi sw, w% sw, BD FF acc, abis drop udah bikin higher low dan sekarang test support ketiga kali, tapi belum beres keliatannya, idealnya tunggu gold naik lagi, sekalian. Harusnya sih targetnya nanti sampe ke 240. Walau kalo head to head, saya prefer beli ANTM aja

Spike nya bagus

LPPF – stoch buy, macd belum, BD lagi dist, FF acc, MFI sw, w% up, beberapa kali menuju fibo 61 gagal dan dipukul sampe below fibo 23, bisa diharapkan swing berikutnya sampe deket fibo 61 lagi, tunggu MACD

Tunggu spike juga, kalo MACD buy dan ada spike, confirmed, dan sepertinya akan pas BD juga akum

ACES – stoch up macd buy tapi belum sih, bd masih dist,MFI down

Spike terakhir signifikan malah spike jual

GOTO – stoch up macd buy MFI up w% up, tapi BD FF dist, tutup gap 151 tapi kayanya ga akan dikejar kalo BD FF ga akum. Swingnya ga terlalu Panjang keliatannya, check spike for target

Spike ok tapi cuma ke 120 an

SRTG – sabar tunggu higher low…

ISAT – stoch up, MACD buy, BD FF dist, MFI up, w% uptrend, breakout resistance, kemaren vol breakout, sector juga lagi jalan, ngeri tapi liat distribusi BD FF