Indeks Harga Saham Gabungan (IHSG) berbalik melemah 0,01% ke 7.003,653 di Jumat (24/11). Di tengah pelemahan IHSG Sektor Teknologi melonjak 1,4%. Sejumlah saham bank digital melesat, BBYB naik 22,14%, AGRO 17,42%, BBHI naik 12,50% dan ARTO 8,39%.
Dari global bursa AS libur peringatan Thanksgiving. Investor sementara beralih fokus ke data inflasi Jepang naik ke 3,3% YoY di Oktober 2023, sambil menunggu Beige Book The Fed di Minggu depan.
Dari global bursa AS libur peringatan Thanksgiving. Investor sementara beralih fokus ke data inflasi Jepang naik ke 3,3% YoY di Oktober 2023, sambil menunggu Beige Book The Fed di Minggu depan.
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TVTranscript
00:00 Thank you for joining us.
00:02 In this segment, we will review the trade path of the weekend.
00:06 We remind you again, you can still participate in our interactive WhatsApp
00:10 at 0812-8788, 3723, as shown on your television screen.
00:17 And now we are connected via Zoom with Mr. William Wibowo,
00:21 Technical Analyst at PT Kanaka Hita Sofera.
00:25 Mr. William, we will just start. Good afternoon, sir.
00:29 Good afternoon, Mr. David.
00:30 How are you, Mr. William?
00:33 I'm fine.
00:34 Thank you for taking the time to be on IDX Channel.
00:37 After the weekend, the Samkabunga price index is more dominant in the green zone.
00:43 Although the market hit its highest level in the last few weeks, in 2049,
00:49 the strength is more limited, even moving in the red zone.
00:54 What is your analysis?
00:56 The IHSG has been strong since mid-November.
01:04 It just broke out the highest resistance level since last September, around 7046.
01:14 I think this is a confirmation that the price is still able to strengthen again in the 7000s.
01:22 At least it will test its psychological resistance at around 7050 and 7100.
01:28 The closest support is around 6970, the moving average.
01:36 With the technical resistance level still able to survive at the 7000s,
01:42 even though the lowest level is 7000.097,
01:46 is this confirmation that the 7000 support is strong enough?
01:51 Because the Samkabunga price index was only above the 7000s,
01:56 then it was pushed back and broke out below the 7000s.
02:01 I think the confirmation is strong enough.
02:07 Last Thursday, the price formed a thick bullish candle,
02:13 and the previous candle was also engulfing.
02:16 As long as the price is still moving below 6970,
02:23 I think the IHSG can still move in the 7000s.
02:29 In the middle of some Sambicap that used to be the supporter of the Samkabunga family,
02:35 today it has returned to the red zone,
02:38 then it is still strong, but the strength is more limited.
02:41 Digital banking continues to grow today, Mr. William.
02:44 How do you see the strength in digital banking,
02:48 especially in today's trade?
02:51 Because the previous trade was only ARTO, which was significant,
02:54 but today's condition is that some digital banks
02:57 have jumped above 25% even in strength.
03:01 I think digital banks have been experiencing long-term correction for a long time.
03:10 And now I think technically there are signs of reversal.
03:17 At least in the short and medium term,
03:20 with strong price strength like now.
03:25 I think until December, it is still interesting for us to pay attention to digital banks.
03:31 We will try to review the technical side of digital banking.
03:36 I want to go to the BBYB first, sir.
03:40 For the BBYB, today's trading, Bang Neo Commerce Tbk,
03:44 is strengthened above 25% at 350.
03:49 Is it supported from a fairly thick volume, sir, for the strengthening of the BBYB today?
03:54 Yes, that's right. So the strengthening of the volume of trading is also very significant.
04:00 I think for the whole year of 2023,
04:06 there has not been a trading volume as high as today.
04:11 Then also from the price action side,
04:14 candlestick is also a very thick candle,
04:18 following the previous day's calving candle.
04:22 So I think this is a good start for an uptrend for the BBYB.
04:27 In the short and medium term, where will it go, especially next week?
04:32 Will the strengthening continue?
04:35 Or with significant strengthening throughout the day,
04:38 profit-taking space is also one thing that must be taken care of by investors,
04:44 especially for those who have taken positions for the BBYB.
04:47 Yes, I think for next week, maybe on Monday or Tuesday,
04:53 there is a sufficient opportunity for profit-taking potential.
04:59 Maybe the price will experience a reasonable correction for a while.
05:03 But in the short term, let's say one or two weeks ahead,
05:09 the price still has a significant opportunity to strengthen to around Rp380,000,
05:15 then resistance Rp400,000 for its psychological resistance.
05:19 And there is still a potential for a surplus, I think up to around Rp420,000.
05:26 Is it still recommended by Mr. William?
05:28 With the space of strengthening that is still open, it is quite wide for the BBYB?
05:32 Yes, I think it's still interesting for us to buy.
05:36 However, I suggest it's better to look for entries in the correction areas only.
05:41 Okay, good.
05:42 For the BBYB position,
05:44 where in terms of performance, some digital banks also reported a good performance in the third quarter of 2023.
05:52 We will try to review for Agro Bank, sir.
05:55 Today, it also experienced a strength of 17.42%.
05:59 Bankrayah Indonesia TBK or with the AGRO stock ID.
06:03 Is it the same from a technical point of view with the strengthening position of Samsung BBYB?
06:10 Yes, for Agro Bank, I think it's the same.
06:15 In terms of patterns, in terms of trading volumes, it's similar.
06:20 With the highest trading volume increase throughout 2023,
06:26 then the price also strengthened again, forming a thick bullish candle,
06:31 following the bullish and gulfing candle.
06:34 I think there is still a big chance for the price to strengthen again,
06:39 at least around IDR 350-380 for Agro Bank.
06:46 However, I also think there is still a chance for a correction on Monday or Tuesday, like BBYB.
06:54 This momentum can also be used for those who have not taken a position?
06:58 Yes, I think there will be a correction on Monday, it can be used for buy-on weakness like that.
07:05 Okay, we move on to another digital bank stock, there is Arto, sir.
07:10 This is also quite interesting.
07:11 For Arto, it has experienced significant strengthening compared to other digital bank stocks.
07:18 But today, Arto is still strong.
07:20 It was able to touch the highest intraday at IDR 3,310,
07:25 although in the first session it moved in the red zone.
07:29 The strength is more towards the limit.
07:31 What is the technical analysis for Arto with the limited strength today after the significant strengthening the day before?
07:39 Yes, I think today there is still a continuation of price strength,
07:45 but as Mr. David said, the trading volume has been quite high for the last two days.
07:56 I think there is still a chance for a correction next week.
08:00 However, in a larger timeframe, like the weekly timeframe,
08:06 I think Arto has a great potential to continue the uptrend.
08:12 Especially if the resistance is around IDR 3,520, it was successfully broken out.
08:18 Arto's strength to test its psychological resistance at around IDR 4,000 for the mid-range is quite large, in my opinion.
08:27 Overall, how do you see the prospects of Samsung Digital Bank in the fourth quarter or next year?
08:35 In the medium and long term, the position is still in a downtrend.
08:41 Is the process of downtrend turning into uptrend already visible?
08:48 Then in 2024 or later in the year, the prospects are still considered quite good.
08:54 Considering their performance in the third quarter, the last data also experienced a strength.
08:58 There are even some digital sales, the increase in performance is quite significant.
09:03 Technically, in my opinion, until today, the digital banks' opportunities to continue their strength are quite large
09:14 for reversal and return to the uptrend phase.
09:19 But for a more solid confirmation, I think we should wait for the end of November
09:28 so that the manuals can be seen for sure for the medium and long term.
09:35 But I'm quite sure that digital banks' closing in November should be good enough and solid enough to continue the uptrend.
09:45 Analysis and recommendations from several digital banks that experienced significant growth today
09:51 and again, the decision to invest is still in the hands of the investors of IDX Channel.
09:55 Thank you for watching.