Daily Analysis 20230810

August 10th, 2023

Good morning,

Dow sheds nearly 200 points, Nasdaq drops 1% as August slide resumes ahead of inflation report

Stocks fell Wednesday as Wall Street awaited fresh inflation data coming later in the week.

Dow……35123 -191.1 -0.54%
Nasdaq13722 -162.3 -1.17%
S&P 500.4468 -31.7 -0.70%

FTSE…..7587 +59.9 +0.80%
Dax……15853 +77.7 +0.49%
CAC……7322 +52.6 +0.72%

Nikkei…32204 -172.96 -0.53%
HSI…….19246 +61.9 +0.32%
Shanghai.3245 -16.1 -0.49%

IDX…..6875.11 +6.30 +0.09%
LQ45….965.30 +3.44 +0.36%
IDX30…501.17 +1.48 +0.30%

IDXEnergy…1912.13 -10.42 -0.54%
IDX BscMat.1098.62 -3.62 -0.33%
IDX Indstrl…1212.50 -0.29 -0.02%
IDXNONCYC.750.05 +4.32 +0.58%
IDX Hlthcare1488.99 -0.99 -0.07%
IDXCYCLIC….914.77 +2.86 +0.31%
IDX Techno.4453.84 -99.49 -2.18%
IDX Transp..1858.40 -28.97 -1.53%
IDX Infrast… .853.97 +3.61 +0.42%
IDX Finance.1430.66 -0.56 -0.04%
IDX Banking.1226.56+8.11 +0.67%
IDX Property..757 -8.90 -1.16%

Indo10Yr.6.3977+0.0035 +0.05%
ICBI….369.3157 +0.1254 +0.03%
US2Yr.4.8100 +0.050 +1.05%
US5Yr 4.1390 +0.025 +0.61%
US10Yr4.0100 -0.011 -0.27%
US30Yr.4.1650-0.027 -0.64%
VIX…….15.96 -0.03 -0.19%

USDIndx 102.4900 -0.0380 -0.04%
Como Indx…282.04 +2.82 +1.01%
(Core Commodity CRB)
BCOMIN….142.90 +0.05 +0.03%

IndoCDS.80.23 +2.03 +2.60%‼️
(5-yr INOCD5) (07/08)

IDR…..15189.50‼️-28.00 -0.18%
Jisdor.15206.00 ‼️-23.00 -0.15%

Euro……1.0977 +0.0022 +0.20%

TLKM…24.58 +0.35 +1.44%
(3738)
EIDO….23.07 +0.08 +0.35%
EEM…..40.09 +0.10 +0.25%

Oil…..84.23‼️ +1.53 +1.85%
Gold…1948.90‼️ -10.50 -0.54%
Timah..27300.00 -456.00 -1.64%
(Closed 08/08)
Nickel..20518.50 -358.50 -1.72%
(Closed 09/08)
Silver…… 22.74 -0.09 -0.39%
Copper.378.60 +1.10 +0.29%

Iron Ore 62% 104.41 -0.32 -0.31%
(08/08)
Nturl Gas.2.7920 +0.1700 +6.09%‼️
Ammonia China..3366.67 -16.6 -0.49%
(Domestic Price)(08/08)

Coal price..142.50 unch +0%
(Agt/Newcastle)
Coal price.148.25 +3.00 +2.07%
(Sept/Newcastle)
Coal price.150.90 +2.65 +1.79%
(Oct/Newcastle)
Coal price.154.25 +2.35 +1.55%
(Nov/Newcastle)

Coal price115.85 +1.10 +0.96%
(Agt/Rotterdam)
Coal price.120.60 +2.60 +2.20%
(Sept/ Rotterdam)
Coal price.120.65 +1.65 +1.39%
(Oct/Rotterdam)
Coal price.122.40 +1.60 +1.32%
(Nov/Rotterdam)

CPO(Oct)..3765 +73 +1.97%
(Source: bursamalaysia.com)

Corn………494.25 -4.50 -0.90%
SoybeanOil 60.43 +0.58 +0.97%
Wheat…..661.75 -4.50 -2.90%

Wood pulp..4600.00‼️ +40 +0.88%
(Closed 09/08)

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

US closing merah, Europe ijo, Asia Varied, ID Sing Korea Hongkong ijo, Jepang China merah

USD index turun tipis, ga terlalu ngaruh, Gold Silver iron ore merah, copper ijo tipis, timah nikel lanjut merah, Oil Gas lanjut ijo, Coal ijo, CPO lijo. Masih sideways buat ANTM MDKA, hati2 TINS INCO NCKL

IHSG – indicator type oscillators masih bilang belum ok, tapi rada pede karena FNB. Diharapkan galama konsolidasi terus breakout ke atas, Big Banks udah mulai jalan, kemaren keganjel GOTO yang dibanting juga tetep berhasil closing ijo, semoga lanjut, walau sepertinya masih sideways dulu

Basic Materials, Industrials, Property, Financials, Infrastructure, Consumer Non-Cyclicals

Stochastic Buy Signal: BMRI PTBA TLKM AALI BDMN BSSR JPFA TINS RDTX INDS

MACD Buy Signal: AMRT BRIS CPIN TLKM BELI CTRA ISAT

Alligator Buy Signal: ADMR MTEL

Supertrend Buy Signal: JPFA

 

PTBA – stoch buy, MACD still up, MFI sw, w%sw, BD rev dist tipis, FF acc, coal price udah bottoming MACD nya udah says up, mendekati akhir tahun biasanya selalu tambah naik, gap besar belum ketutup. Bisa spec buy, tambah pas breakout

TLKM – stoch buy macd buy MFI up, w% up, BD FF rev acc, EW terakhir failed, jadi redraw, abis CNH target done ABC correction, bisa jadi kita anggap sekarang wave 2 done, mau wave 3. Nevertheless, technical dan bandarmology almost perfect, cuma ga ada divergence yang di bottom, tapi bisa buy full load.

Abis spike jual udah ada spike baru walau kecil, tapi berarti udah selesai bantingannya

AALI – stoch buy, macd down, MFI up, w% downtrend, BD FF dist, abis drop udah sempet mantul terus bikin higher low sih, tapi belum firm buy momentum nya, sabar kita tunggu MACD nya

JPFA – stoch up, macd buy, MFI up, w% uptrend, BD FF acc, ada spike, supertrend buy, alligator almost buy, ada reg bull div RSI confrmed by MA 10 and MACD buy signal, sama hid bull banyak, bisa buy, bagusnya BOW tengah candle kemaren plus 1 tick

Ada spike tapi ga significant, tapi tetep ok buat buy, Saya ga entry karena udah pegang CPIN duluan

TINS – belum saatnya, masih digebukin abis failed double bottom breakout nya…

RDTX INDS rasio keuangannya masuk value investing, tapi RDTX volume nya sepi, INDS keliatan dijagain bandar banget, skip

BRIS – stoch up, MACD buy, MFI sw, w% sw, BD FF acc, banks lagi jalan, bisa spec buy cutloss kalo bikin lower low

Abis spike jual udah ada 2kali spike walau ga terlalu tinggi. Ok buat spec buy setengah botol

 

CPIN – mirip JPFA, stoch up, MACD buy, MFI up, w% uptrend, BD FF acc, kemaren gagal breakout IHNS, sekarang baru tembus lagi neckline,semoga beneran raly, yang mau entry bisa any price, idealnya dapet buy di tengah candle kemaren

BELI juga, saham ratio value investing tapi dikontrol bandar, vol kecil, skip

CTRA – stoch up, macd buy, MFI w% sw, BD acc FF dist, LR slope up, ini antara mau beresin ABC correction atau lanjut wave 3, bisa spec buy, saya skip karena pegang PWON

ISAT – stoch down sw,MACD buy, BD acc FF rev dist, MFI sw, w% sw, udah sampe ujung wave 5, ketemu reg bear div, ga berani new entry sebelum ABC correction

ADMR – stoch up, MACD almost buy, BD FF dist, MFI w% sw, rejection candle di neckline CNH, kalo jebol previous low buang, sekarang ga pas buat entry, tunggu MACD buy dan BD FF acc. Saya masih HOLD

MTEL – almost all good kecuali FF yang dist. Harusnya sampe ke fibo 61 sih, semoga sampe sekali swing. Trailing stop on… Yang mau entry idealnya pas testing neckline di 695, kalo udah jalan jangan dikejar