Weekly market review and stock pick (20-02-2012)

Apa yang terjadi pekan lalu? IHSG masih tertahan dalam sideways range sempit 3.900-4.000 seiring dengan pergerakan pasar regional yang juga begerak sideways diwarnai oleh katalis positif seperti data ekonomi Amerika membaik serta katalis negative seperti ketidakpastian mengenai solusi krisis hutang Italy, Spanyol, Yunani (walaupun dana bailout akan dikucurkan).

Pemilu di Perancis dan Yunani (April) juga meningkatkan ketidakpastian Eropa karena bergantinya pemimpin politik yang selama ini diandalkan oleh pasar.

Weekly trading strategy and stock pick: Penutupan Rupiah secara mingguan diatas 9,040  akibat ketakutan asing akan terjadinya consumer inflation di Indonesia meningkatkan probabilitas untuk terjadi breakdown dibawah support 3.900 serta dapat memicu profit taking bila sebaliknya terjadi breakout sementara diatas 4.000. Dalam kondisi ini lebih baik melakukan trading jangka pendek dan menunggu terjadi koreksi signifikan untuk mengambil posisi yang cukup besar di big cap maupun second liner pilihan.

Pilihan saham & target 1 minggu: (BUY: BBNI, ASII, BUMI, BBRI)

Bank BNI (BBNI) (BUY) (Target 1-minggu: Rp.3.650)  (Close 17/02 Rp.3.575)

Entry (1) Rp.3.450, Entry (2) Rp.3.350, Cut loss point: Rp.3.275

Astra International (ASII) (BUY): (Target: Rp.74.000) (Close 17/02 Rp.73.900)

Entry (1) Rp.71.200, Entry (2) Rp.69.500, Cut loss point: Rp.68.700

Bumi Resources  (BUMI) (BUY) : (Target Rp.2.600)  (Close 17/02: Rp.2.500)

Entry: (1) Rp.2.400, Entry (2) Rp.2.275, Cut loss point Rp.2.175

Bank BRI (BBRI) (BUY): (Target: Rp.6.850) (Close 17/02 Rp.6.800)

Entry: (1) Rp.6.650, Entry (2) Rp.6.550, Cut loss point: Rp.6.450

(Disclaimer on)

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Yuganur Wijanarko, Senior Research (Yuganur@hdx.co.id)

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