Investor Kembali Masuk, GOTO Makin Jauhi Level Rp50 per Saham

IDXchannel

Indeks Harga Saham Gabungan (IHSG) hingga akhir sesi I Senin (6/11) menguat 0,73% ke 6.838,66. Sektor barang baku melejit 1,39%. Sektor teknologi melonjak 1,18%. Ditopang saham ARTO naik 7,50% dan GOTO 5,71% dan masuk kederetan top gainers LQ45. Penguatan ditopang dari perbaikan kinerja dan kebijakan The Fed tahan suku bunga.  Tidak hanya IHSG, kurs rupiah juga menguat signifikan mencapai 1,27% ke posisi 15.528 di Senin siang. Dari dalam  negeri, BPS mengumumkan pertumbuhan ekonomi Indonesia di Kuartal III 2023 melambat ke 4,94% YoY. Dari global, Indeks utama Wall Street melompat karena imbas hasil US treasury tenor 10 tahun turun, setelah data lapangan kerja AS melambat di Oktober 2023.

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03:05 significant. Is it also possible that there will be a correction in the short and medium term, Pak Rief?

03:12 Yes, we can see that in the basic, if we see some big cap stocks, such as some banking stocks, we do see the strategy more

03:21 to sell on strength, Pak. So the strengthening in the last 1-2 days is more suitable to do prototagging or sell on strength.

03:29 And it is mostly quite diverse in some big cap stocks in the market, Pak Sade.

03:36 What causes this condition to occur, Pak Rief, from the fundamental side, the fact that the signal will hold the flower

03:44 and this is what was feared by the market players who are more inclined towards trading only,

03:50 raising the significance, then the correction is quite deep. Will this condition continue to occur, even though the Dovis signal is getting stronger?

03:56 Yes, it will still occur, because basically we need to consider this, Pak. So, with the condition that the Fed will still hold their flower,

04:05 but the fact cannot be avoided that the spread between the BI rate and the Fed rate is still thin, Pak.

04:13 So, not as ideal as that, where the BI rate, in terms of flow, should be higher than the current level.

04:23 So, basically, we can see that the market will still be sideways, because it will weigh and estimate again,

04:32 whether with a thin spread like this, whether the funds will, let's say, return to Indonesia or there will still be an outflow in Indonesia.

04:42 So, basically, the increase of 3 days is already very significant and technically, based on money flow and price action,

04:51 it can be seen that the IHSG is already in the area of resistance, Pak.

04:58 Okay, in the middle of the strengthening of the Indekar Gas Amkabungan, the sectoral movement rotation is also quite interesting, we pay attention to the Paryo.

05:05 This time I will try to discuss from technology, this in the last few days has experienced a fairly official strengthening,

05:11 including also from Gotoh, which is the locomotive of this sector.

05:16 The position so far, Gotoh has experienced a strength of more than 8%, at 76 rupiah per share,

05:22 earlier it was above the level of 77 rupiah per share.

05:26 How is your analysis related to the Gotoh stock movement, which is getting further away from the level of 50 rupiah per share?

05:34 Okay, so this is interesting, because Gotoh's growth rate has been, you can say, the last week has been increasing continuously,

05:41 but basically, we need to see that there used to be a strong support level at Gotoh, at level 80-85, Pak.

05:49 So, the increase now, technically based on trends, is more likely to be called a technical rebound in the downward trend.

06:00 So basically, as long as Gotoh is still below level 85,

06:04 and we see here that the resistance will be in Gotoh at 83-85, that's a very strong resistance level.

06:13 So as long as Gotoh is still below level 85, basically all the increases are only classified as technical rebound in the downward trend.

06:21 So, in terms of trends, it's not broken, in terms of trends, it's basically still in the trend.

06:26 But yes, there is still money to be raised, but it doesn't look like it's upside, it's more limited, Pak.

06:34 It's prone to profit taking too, Pak Ryo, like with the Sambic Captain.

06:38 Yes, that's right, Pak.

06:40 Where is it heading with the current 76 rupiah position?

06:43 We can still expect it to approach level 80-85, but after that, 85 will be a strong resistance level at Gotoh,

06:52 so it's better to anticipate the strengthening by doing profit taking or sell-off strength,

06:58 and basically not to buy the first time, Pak.

07:01 Okay, the movement of Sambic Gotoh, although it has experienced a very deep correction, the trend has dropped,

07:07 but still attracts attention from the investors.

07:11 Pak Ryo, how do you see what needs to be looked at by investors,

07:16 and how do you see the market with Gotoh's development, not only from a technical point of view, but also from a fundamental point of view?

07:22 Well, basically the most important thing is whether Gotoh can print the market, Pak.

07:26 Basically, all the METs that enter the stock market, the investors see the METs that are needed by the investors,

07:33 whether they can print the market, whether the market is sustainable,

07:37 not just one year of profit or one quarter of profit, but sustainable.

07:41 And finally, the highest level is for the dividend, Pak.

07:44 Basically, as long as a MET is unable to reach that level, level 1, 2, 3,

07:50 the stock movement is more influenced by the cyclical money flow and maybe the sentiment at the moment

07:57 compared to the fundamental history, Pak.

07:59 Okay, for those who have taken a position, do you have to wait for profit taking above 80?

08:05 Yes, basically when the price is already at level 80, especially 83 to 85,

08:12 it can be a quite interesting moment to realize the benefits in the meantime, Pak.

08:18 Until you see how Gotoh's movement for the future.

08:21 We don't say that it will return to 50 and all that,

08:25 but actually profit taking to secure the position and the realization of profit

08:29 will be much more interesting and wise there to adapt to the current price movement.

08:34 Okay, today's closing at Rp 76, the company is strong at 8.57%

08:40 and again, the investment decision is still in the hands of the ADA Channel.

08:45 Mr. Arjo, while waiting for the trading closing update in the second session,

08:48 I want to go to this digital bank, there is Arto or Bang Jago.

08:54 This is also quite interesting to notice.

08:56 In the last week, the increase is also quite significant.

09:00 The condition is different compared to other digital banks. Arto seems to be breaking down.

09:05 It has been at Rp 1,945 from the trend side, it is still in the downward trend so far.

09:10 Yes, basically the Arto movement will definitely be different from other digital banks

09:16 because Arto is associated with Gotoh, which is a good bank that connects with Gopay and the like.

09:23 And we can see that the Arto movement in the last three to a week is similar to Gotoh.

09:31 And the same with the price of Gotoh, basically I call it Gotoh because they are associated.

09:36 Arto resistance is at the level of 2030 resistant quad, which used to be a support quad level.

09:42 So back again, the support quad used to be tested as a resistant quad and level from 2030.

09:49 So the strategy of selling on strength for profit will be an option for Arto.

09:57 Okay, support and resistance with Rp 1,945 today.

10:01 Yes, resistance in 2030 to 2050 for support is more or less at the range of Rp 1,700.

10:09 It's a bit wide, but the condition is like that.

10:12 For those who haven't participated, haven't been recommended for entry?

10:16 Not yet, waiting for consolidation first.

10:18 Okay, today's closing at Rp 1,945, there is Arto, which is affiliated with Gotoh, today also significantly strengthened, not only today, but also in several last trades,

10:27 along with the strengthening of Gotoh shares in the last few days.

10:31 And again, the decision to invest still in the hands of the IDEA Channel.

10:34 Mr. Ryo, we'll hold first, I will deliver the closing update of the trade on the second session today,

10:39 and also some other trade data that was successfully collected by our production team.

10:43 You can also watch the trading boards on your television screen.

10:46 Significant strengthening again occurred at the closing of the second session today,

10:51 and it seems that the level of the closing of the second session is the highest level throughout the trading today,

10:56 and the IDEA Kargasam Kabungan is trying to approach the level of Rp 6,900.

11:01 Closed to strengthen at 1.33%, at Rp 6,878.85.

11:07 The volume, value, and frequency trading are still running this far,

11:12 and this is the highest level throughout today's trading for the IDEA Kargasam Kabungan.

11:18 Let's go straight to the first graph, we will try to see some other trading data,

11:23 like the closing of some other indexes.

11:26 Like MNC36, this also experienced significant strengthening at 1.07%,

11:31 along with the strengthening of the IDEA Kargasam Kabungan.

11:34 Then Jakarta Islamic Index also strengthened at 0.95%.

11:38 LQ45 significantly strengthened at 1.28%, at 915.740.

11:46 Then we will try to see the sectoral movement rotation at the closing of the second session today.

11:51 Technology again led to strengthening at 2.33%, there is GOTO as the driving locomotive.

11:59 Infrastructure also strengthened at 1.58%, the primary consumption was stressed at 0.22%,

12:05 the industry weakened at 0.16%.

12:08 We will try to see the stocks that became the support of the IDEA Kargasam Kabungan in the second session today,

12:15 with significant strengthening.

12:17 From the technology there is GOTO, closed at Rp 76 per share.

12:21 We also mentioned earlier that the BKB Banking at the BBRI strengthened to Rp 6,175.

12:27 The General Bank also strengthened at Rp 6,825.

12:30 From the telecommunications infrastructure there is Telkom, also strengthened to Rp 3,630.

12:35 Next, the stocks that actually experienced a significant weakness and became the burden.

12:40 The STRK was pressed to level 334 TCPI at Rp 8,200, TPIA at Rp 2,960, while the MRT was also pressed at Rp 2,810.

12:51 It seems that the top loser is dominated by Samsung Small Cap and Middle Cap,

12:55 while the BKB from Samsung is compact today, supporting the IDEA Kargasam Kabungan.

12:59 Hopefully this can be a reference for you, especially in dealing with the trading in the next few days.

13:05 Thank you for watching!

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