Weekly Technical View

Weekly Technical View Consolidation Time

Technical Report

Market Recap

Jan 19, 2015

Pada minggu lalu indeks mengalami koreksi sebesar 1.3% dan ditutup dilevel 5148.379, koreksi yang terjadi masih dalam pergerakan sideways.

Indicator says Betrand Raynaldi +62-21-5151140 [email protected]

Indicator stochastic mulai meninggalkan overbought area, MACD mulai menurun walaupun PSAR masih masih pada area bullish walaupun sudah mulai melandai.

Sentiment Sama seperti minggu lalu dimana pergerakan IHSG lebih dipengaruhi oleh factor external (dari luar Indonesia) juga harga komoditas dan minyak.

This Week’s Prediction Pada minggu ini kami perkirakan akan terjadi rebound.

Trading Strategy Trading buy

Analysts who prepared this report are registered as research analysts in Indonesia but not in any other jurisdiction. PLEASE SEE ANALYST CERTIFICATIONS AND IMPORTANT DISCLOSURES & DISCLAIMERS IN APPENDIX 1 AT THE END OF REPORT.

Technical Analysis

Recommendation

Trading

Support

5.136

Resistance

5.206

Close

5.148

Indicator

IHSG Sentiment Sama seperti minggu lalu dimana pergerakan IHSG lebih dipengaruhi oleh factor external (dari luar Indonesia) juga harga komoditas dan minyak.

Stoch

DN

Technical View

MACD

DN

Daily Analysis

PSAR

DN

Volume

UP

GC = Golden-cross

AC = Accumulation

DC = Dead-cross

Dis = Distribution

NM = Normal

OB = Overbought

OS = Oversold

DN = Down

Pada minggu lalu indeks bergerak cenderung melemah, pelemahan ini telah membuat indeks stochastic masuk dalam level oversold, bila menganalisa volume maka terlihat 1) mengalami lonjakan ketika indeks naik 2) volume transaksi semakin menurun dimulai selama 3 hari terakhir dan selama itu juga indeks cenderung melemah. Hal ini mengindikasikan tekanan penurunan semakin melemah dan besar kemungkinan terjadi technical rebound.

Key Charts

Chart 1. Daily Chart

Chart 2. Weekly Chart

Source: HOTS KDB Daewoo Securities Research

Source: HOTS KDB Daewoo Securities Research

KDB Daewoo Securities Research

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Stock in Focus

Recommendation

Trading Buy

Target price

740

Stop-loss

640

(WINS)

Close

685

Kenaikan 9.26% pada minggu lalu disertai dengan peningkatan volume yang

Indicator

PT. Wintermar Offshore Marine Tbk

OS

MACD

UP

MACD yang terus meningkat sementara PSAR masih memberikan signal bearish. Kami

PSAR

DN

perkirakan saham WINS dapat rebound dengan target fibo terdekat di level 740. Tetap

Volume

UP

GC = Golden-cross

AC = Accumulation

DC = Dead-cross

Dis = Distribution

NM = Normal

OB = Overbought

OS = Oversold

DN = Down

Recommendation

Trading Buy

Target price

510

Stop-loss

465

Close

472

Indicator

significant merupakan awal dari rebound setelah 5 minggu berturut-turut mengalami

Stoch

pelemaha, Indicator Stochastic berpotensi golden cross di area oversold. Begitu juga

jaga level stop loss di 740.

PT Pakuwon Jati Tbk (PWON) Dilihat dari chart harian tekanan jual mulai jauh berkurang, diperkirakan pada minggu ini saham PWON akan rebound dengan target 510, yang juga merupakan gap atas. Indicator weekly masih mixed sementara dari daily stochastic telah golden cross, sehingga strategi yang dipakai adalah trading buy. Namun tetap jaga level stop loss di

Stoch

DN

MACD

DN

PSAR

UP

Volume

UP

GC = Golden-cross

AC = Accumulation

DC = Dead-cross

Dis = Distribution

NM = Normal

OB = Overbought

OS = Oversold

DN = Down

465.

Chart 3

Chart 4.

Source: HOTS KDB Daewoo Securities Research

Source: HOTS KDB Daewoo Securities Research

KDB Daewoo Securities Research

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Technical Analysis

Recommendation

Trading Buy/Sell on Strength

Target price

184

Stop-loss

152

Close

166

PT Adi Sarana Armada Tbk (ASSA) Pada perdagangan minggu lalu perseroan mengalami rebound yang disertai dengan volume yang jauh meningkat, indicator stochastic telah golden cross demikian pula

Indicator

dengan indicator MACD. Kami perkirakan pada minggu ini saham ASSA akan

Stoch

GC

MACD

GC

PSAR

DN

Volume

UP

GC = Golden-cross

AC = Accumulation

DC = Dead-cross

Dis = Distribution

NM = Normal

OB = Overbought

OS = Oversold

DN = Down

Recommendation

Spec Buy

Target price

4950

Stop Loss

4300

Close

4575

Indicator

menembus level resistance channel trend turunnya di 175, dimana target berikut adalah 184. Strategi yang dipakai trading buy namun tetap jaga stop loss di 152.

PT XL Axiata (EXCL) Saham EXCL berada dalam trend turun namun pola Hammer yang terjadi pada minggu lalu memberikan indikasi akan adanya perubahan trend, pola tersebut juga didukung oleh volume dan indicator, dimana indicator stochastic telah golden cross dan MACD juga meningkat, walaupun PSAR masih memberikan signal bearish. Kami perkirakan

Stoch

GC

MACD

UP

PSAR

DN

Volume

UP

GC = Golden-cross

AC = Accumulation

DC = Dead-cross

Dis = Distribution

NM = Normal

OB = Overbought

OS = Oversold

DN = Down

EXCL akan rebound dengan target 4950. Namun tetap jaga level stop loss di 4300.

Chart 5.

Chart 6.

Source:HOTS, KDB Daewoo Securities Research

Source: HOTS, KDB Daewoo Securities Research

KDB Daewoo Securities Research

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Disclaimers

This report is prepared strictly for private circulation only to clients of PT Daewoo Securities Indonesia (DWS). It is purposed only to person having professional experience in matters relating to investments. The information contained in this report has been taken from sources which we deem reliable. No warranty (express or implied) is made to the accuracy or completeness of the information. All opinions and estimates included in this report constitute our judgments as of this date, without regards to its fairness, and are subject to change without notice. However, none of DWS and/or its affiliated companies and/or their respective employees and/or agents makes any representation or warranty (express or implied) or accepts any responsibility or liability as to, or in relation to, the accuracy or completeness of the information and opinions contained in this report or as to any information contained in this report or any other such information or opinions remaining unchanged after the issue thereof. We expressly disclaim any responsibility or liability (express or implied) of DWS, its affiliated companies and their respective employees and agents whatsoever and howsoever arising (including, without limitation for any claims, proceedings, action, suits, losses, expenses, damages or costs) which may be brought against or suffered by any person as a results of acting in reliance upon the whole or any part of the contents of this report and neither DWS, its affiliated companies or their respective employees or agents accepts liability for any errors, omissions or misstatements, negligent or otherwise, in the report and any liability in respect of the report or any inaccuracy therein or omission there from which might otherwise arise is hereby expresses disclaimed. This document is not an offer to sell or a solicitation to buy any securities. This firms and its affiliates and their officers and employees may have a position, make markets, act as principal or engage in transaction in securities or related investments of any company mentioned herein, may perform services for or solicit business from any company mentioned herein, and may have acted upon or used any of the recommendations herein before they have been provided to you. © PT Daewoo Securities Indonesia 2014. KDB Daewoo Securities Research

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