JAKARTA COMPOSITE INDEX & SECTORAL INDEX ELLIOTT Royal Elliottician Perspective... · Indeks sektor

download JAKARTA COMPOSITE INDEX & SECTORAL INDEX ELLIOTT Royal Elliottician Perspective... · Indeks sektor

of 15

  • date post

    18-Apr-2019
  • Category

    Documents

  • view

    217
  • download

    0

Embed Size (px)

Transcript of JAKARTA COMPOSITE INDEX & SECTORAL INDEX ELLIOTT Royal Elliottician Perspective... · Indeks sektor

JAKARTA COMPOSITE INDEX & SECTORAL INDEX ELLIOTT WAVE ANALYSIS

JAKARTA COMPOSITE INDEXMidterm View

Elliott Wave Perspective

Pada weekly chart yang kami updatetanggal 25 Februari ini, IHSG tampaknyamasih perlu untuk break 6581, agaruptrend dari wave (v) dari wave [iii]terkonfirmasi berlanjut. Selama IHSGbelum break 6581, tampaknya peluangIHSG sideways dan cenderungterkoreksi tipis ke area 6300-6350masih terbuka.

Key Support :- 6428, 6374, 6300-6310

Key Resistance :-6550, 6600-6620

Projected Movement (1-2 Weeks) : IHSG akan cenderung menguat, dansegera break level 6581

JAKARTA COMPOSITE INDEXShortterm View

Elliott Wave Perspective

IHSG lagi-lagi membentuk seperti hammer, yangmenunjukkan buying pressure masih ada.Seperti yang kami tuliskan sejak awal mingguini, kami optimis bahwa IHSG akan segera breaklevel 6581, yang berarti IHSG akan melanjutkanwave iii nya lagi. Selama IHSG tidak ditutup dibawah 6497, view kami masih tetap, yaitu arahIHSG akan segera break 6581.

Key Support :6490, 6425, 6374

-Key Resistance :6552-6581

PROPERTYSectoral Indexs

Elliott Wave Perspective

Indeks sektor property kemarin membentukhammer, yang harusnya ini menjadi indikasiawal bahwa koreksi wave [ii] sudah hampirselesai terbentuk, jika ini betul, indeks sektorproperty harusnya akan menguat lagi secaraagresif dan membentuk wave [iii].

What Should We Do ?Buy on Weakness pada saham-saham sektorproperty seperti BSDE, SMRA, CTRA, WIKA,ADHI

COMMODITIES & CURRENCY ELLIOTT WAVE PERSPECTIVE

WTI CRUDE OIL

Elliott Wave Perspective

Harga oil tampaknya berpeluang mengakhirikoreksi wave [ii] dari wave 3, dan ini akankonfirm jika harga oil mampu menguat ke atasUS$57,81. Jika ini yang terjadi, kami optimisbahwa harga oil akan bullish hingga beberapaminggu ke depan, karena target terdekat dariwave [iii] dari wave 3 sendri ada di US$65,5hingga US$66,7. Sementara itu, target terdekatdari wave 3 ada di US$70-US$71 per barrel.

New Castle Coal

Elliott Wave Perspective

Harga coal kami perkirakan sudah berada diakhir downtrend jangka pendek dari wave C dariwave (B). Meskipun begitu, kita akan melihatharga coal newcastle terkoreksi lagi menujulevel US$84-86 di minggu depan. Jika ini terjadi,penurunan tersebut akan menjadi akhirdowntrend wave C, sehingga harga coal kamiperkirakan akan kembali menguat lagi di awalMaret.

USD-IDRRupiah

Elliott Wave Perspective

Rupiah kemarin melemah ke 14025, dan kamimelihat pelemahan ini adalah konfirmasi bahwawave koreksi wave (ii) sudah berakhir, danRupiah akan cenderung terus melemah lagidengan target 14400 -14450 (target minimaldari wave (iii) ). Idealnya, Rupiah masih dapatterus melemah hingga 14700-14750.

ELLIOTTICIANS STOCK PICKS

LPPF (Matahari Department Store Tbk)

Elliott Wave Perspective

LPPF sudha berada di akhir wave [c] dari wave2, artinya downside risk sudah sangat terbatas.Silakan BoW LPPF, harusnya LPPF masih sangatmungkin untuk kembali ke atas 7500 lagi.

Buy on Weakness

Range beli : 5450-5550 Target price : 6150, 7000, 7500 (weekly) Stoploss : 5200 (weekly close) Potential upside : 37,6% Maximal risk : -6,3%

JSMR (Jasa Marga (Persero) Tbk)

Elliott Wave Perspective

JSMR kemarin menguat dengan volume besar,ini mengkonfirmasi bahwa JSMR sudahmelanjutkan penguatan dari wave 3 dari wave(C). Masih ada upside potential, sehingga Andamasih punya kesempatan untuk BoW JSMR.Silakan BoW JSMR, jika JSMR turun ke area belikami. Batasi resiko dengan melakukan cutlossjika JSMR turun ke bawah 4900.

Buy on Weakness

Range beli : 5050-5150 Target price :

5600, 5800 (weekly) Stoploss : 4900 (weekly close) Potential upside : +14,9% Maximal risk : -4,9%

WSKT (Waskita Karya (Persero) Tbk)

Elliott Wave Perspective

WSKT kemarin menguat dengan volumebesar, ini mengkonfirmasi bahwa WSKTsudah berada di wave [iii] dari wave C,dan WSKT masih akan terus menguat,kami rekomendasikan untuk akumulasibeli pada WSKT.

Accumulate Buy

Range beli : 1860-1910 Target price :

2050, 2150, 2280 (weekly) Stoploss : 1830 (daily close) Potential upside : +22,6% Maximal risk : -4,2%

GENERAL DISCLOSURE/DISCLAIMER GENERAL DISCLOSURE/DISCLAIMER

This report is prepared by ROYAL INVESTIUM SEKURITAS Research Team. This report is solely intended for the clients of ROYAL INVESTIUM SEKURITAS, its respective connected and associated corporations and affiliates only and no part of this document may be (i) copied, photocopied or duplicated in any form or by any means or (ii) redistributed without the prior written consent of ROYAL INVESTIUM SEKURITAS. The research set out in this report is based on information obtained from sources believed to be reliable, but we (which collectively refers to ROYAL INVESTIUM SEKURITAS, its respective connected and associated corporations, affiliates and their respective directors, officers, employees and agents (collectively, the ROYAL INVESTIUM SEKURITAS)) do not make any representation or warranty as to its accuracy, completeness or correctness. Opinions expressed are subject to change without notice. This document is prepared for general circulation. Any recommendation contained in this document does not have regard to the specific investment objectives. This document is for the information of addressees only and is not to be taken in substitution for the exercise of judgment by addressees, who should obtain separate independent legal or Royal Investium Sekuritas advice. The ROYAL INVESTIUM SEKURITAS accepts no liability whatsoever for any direct, indirect and/or consequential loss (including any claims for loss of profit) arising from any use of and or upon this document and/or further communication given in relation to this document. This document is not to be construed as an offer or a solicitation of an offer to buy or sell any securities. The ROYAL INVESTIUM SEKURITAS, along with its affiliates and/or persons associated with any of them may from time to time have interests in the securities mentioned in this document. The ROYAL INVESTIUM SEKURITAS may have positions in, and may effect transactions in securities mentioned herein and may also perform or seek to perform broking, investment banking and other banking services for these companies. Any valuations, opinions, estimates, forecasts, ratings or risk assessments herein constitutes a judgment as of the date of this report, and there can be no assurance Royal Investium Sekuritas that future results or events will be consistent with any such valuations, opinions, estimates, forecasts, ratings or risk assessments. The information in this document is subject to change without notice, its accuracy is not guaranteed, it may be incomplete or condensed and it may not contain all material information concerning the company (or companies) referred to in this report and the ROYAL INVESTIUM SEKURITAS is under no obligation to update the information in this report. The valuations, opinions, estimates, forecasts, ratings or risk assessments described in this report were based upon a number of estimates and assumptions and are inherently subject to significant uncertainties and contingency. It can be expected that one or more of the estimates on which the valuations, opinions, estimates, forecasts, ratings or risk assessments were based will not materialize or will vary significantly from actual results. Therefore, the inclusion of the valuations, opinions, estimates, forecasts, ratings or risk assessments described herein IS NOT TO BE RELIED UPON as a representation and/or warranty by the ROYAL INVESTIUM SEKURITAS (and/or any persons associated with the aforesaid entities), that: (a) such valuations, opinions, estimates, forecasts, ratings or risk assessments or their underlying assumptions will be achieved, and (b) there is any assurance that future results or events will be consistent with any such valuations, opinions, estimates, forecasts, ratings or risk assessments stated therein. Please contact the primary analyst for valuation methodologies and assumptions associated with the covered companies or price targets. Any assumptions made in this report that refers to commodities, are for the purposes of making forecasts for the company (or companies) mentioned herein. They are not to be construed as recommendations to trade in the physical commodity or in the futures contract relating to the commodity referred to in this report.