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Daily

Price Action

Wednesday, May 15

th

2013

Sector Indices

Last

Change

Change %

Agriculture

1807.66

(4.81)

(0.27)

Mining

1695.22

(16.90)

(0.99)

Basic Industry

618.27

2.39

0.39

Misc Industry

1267.03

15.62

1.25

Consumer

2018.42

25.30

1.27

Property

506.16

5.00

1.00

Infrastructure

1067.36

(2.91)

(0.27)

Finance

674.46

6.18

0.92

Trade

905.98

1.84

0.20

Manufacture

1323.63

13.20

1.01

Source: IQ Plus

Most Active

Last

Change %

Freq

JPRS

385

(2.5)

7,304

LPKR

1,500

4.2

4,293

BAJA

890

(1.1)

3,394

ASII

7,050

1.4

3,114

KLBF

1,460

(0.7)

3,094

Most Volume

Last

Change %

000 Lot

BHIT

510

0.0

1,739.9

SUGI

405

0.0

579.2

LPKR

1,500

4.2

528.6

ENRG

136

(0.7)

400.0

META

245

2.1

345.8

Most Value

Last

Change %

Rp Bil

ASII

7,050

1.4

681.0

BHIT

510

0.0

436.4

LPKR

1,500

4.2

387.7

TLKM

11,850

0.0

252.8

BMRI

10,150

1.0

212.8

IHSG Technical Review

R3

5306

R2

5197

R1

5104

Last

5081.94

S1

4974

S2

4873

S3

4793

Comment:

Bullish consolidation, moderate

trading volume.

Stochastic, bearish momentum,

broad downside potential.

ADX, short term consolidation.

Long term bullish movement.

Stop-loss level 5040, downside

target 4974 (maximum 1

st

level

(2)

Daily

Price Action

Chart Pick

CTRA

R3

1550

R2

1490

R1

1440

Last

1430

S1

1380

S2

1320

S3

1250

PARTIAL SELL

Comment:

Spinning top, a reversal sign,

low trading volume.

Stochastic, overbought state,

dead cross, broad downside

potential

DI (+) is pointing down, a weak

upside movement

Long term bullish movement.

Stop-loss

1410,

downside

potential 1320

2

your

reliable

partner

2

SMRA

R3

3275

R2

3150

R1

3025

Last

2925

S1

2850

S2

2750

S3

2600

PARTIAL SELL

Comment:

Dark cloud cover, low trading

volume.

Stochastic, overbought state,

dead cross, broad downside

potential.

Candle has reached upper

Bollinger band, there’s a huge

downside pressure

Long term bullish, medium

term bearish movement.

Stop-loss level 2850, downside

target 2550

(3)

Daily

Price Action

Chart Pick

KLBF

R3

1600

R2

1540

R1

1490

Last

1460

S1

1440

S2

1370

S3

1290

PARTIAL SELL

Comment:

Spinning

top,

significant

trading volume.

Stochastic is at overbought

state,

dead

cross,

broad

downside potential

DI (+) is pointing down, a weak

upside movement

Candle is about to perform a

dead cross with MA 3

Stop-loss level 1440, downside

target 1370

DILD

R3

680

R2

640

R1

580

Last

570

S1

540

S2

500

S3

450

TRADING BUY

Comment:

Bullish harami, a reversal sign,

low trading volume

Stochastic is at oversold state,

broad upside potential

Long term bullish movement.

Bill

William

first

day

acceleration. Fractal range

570-630

Stop-loss level 550, upside

target 640

(4)

Daily

Price Action

Technical Stocks Matrix

Closing

Closing

Closing

Closing

Stop

Stop

Stop

Stop

Rec

Rec

Rec

Rec

Target

Target

Target

Target

Curr.

Curr.

Curr.

Curr.

Curr.

Curr.

Curr.

Curr.

S2

S2

S2

S2

S1

S1

S1

S1

Price

Price

Price

Price

R1

R1

R1

R1

R2

R2

R2

R2

Technical Notes

Technical Notes

Technical Notes

Technical Notes

Rec

Rec

Rec

Rec

Loss

Loss

Loss

Loss

Buy Prc

Buy Prc

Buy Prc

Buy Prc

Price

Price

Price

Price

P/E (x)

P/E (x)

P/E (x)

P/E (x)

P/B (x)

P/B (x)

P/B (x)

P/B (x)

Plantation

Plantation

Plantation

Plantation

AALI

AALI

AALI

AALI

16,600

17,300

17,300

17,300

17,300

17,300

17,900

18,550

Oversold

W

W

W

W

17200

12.2

3.2

BWPT

BWPT

BWPT

BWPT

860

930

980

980

980

980

1,000

1,060

Overbought

H

H

H

H

930

1000

16.7

3.2

Mining

Mining

Mining

Mining

ADRO

ADRO

ADRO

ADRO

1,060

1,070

1,150

1,150

1,150

1,150

1,180

1,260

Bearish momentum

S

SS

S

1140

8.7

1.3

INCO

INCO

INCO

INCO

2,500

2,700

2,750

2,750

2,750

2,750

2,875

3,075

Overbought

S

SS

S

2700

9.7

1.5

PTBA

PTBA

PTBA

PTBA

13,150

13,850

14,150

14,150

14,150

14,150

14,550

15,300

Bearish momentum

S

SS

S

14100

11.1

3.9

Consumer

Consumer

Consumer

Consumer

ICBP

ICBP

ICBP

ICBP

10,750

11,650

11,900

11,900

11,900

11,900

12,400

13,050

Oversold

TB

TB

TB

TB

11650

12200

31.4

6.1

MYOR

MYOR

MYOR

MYOR

31,050

32,750

33,500

33,500

33,500

33,500

34,250

36,050

Overbought

TB

TB

TB

TB

33000

34000

26.8

5.1

KLBF

KLBF

KLBF

KLBF

1,390

1,450

1,460

1,460

1,460

1,460

1,500

1,550

Spinning top

PS

PS

PS

PS

1430

42.5

11.5

Trading Trading Trading Trading

ACES

ACES

ACES

ACES

780

860

910

910

910

910

920

980

Bullish harami

TB

TB

TB

TB

870

930

44.4

1.1

AKRA

AKRA

AKRA

AKRA

5,000

5,300

5,350

5,350

5,350

5,350

5,550

5,700

Northern star

PS

PS

PS

PS

5150

32.1

4.9

MAPI

MAPI

MAPI

MAPI

7,900

8,250

8,950

8,950

8,950

8,950

8,650

9,100

Bullish continuation

H

H

H

H

8400

9100

41.2

8.3

MNCN

MNCN

MNCN

MNCN

3,250

3,475

3,500

3,500

3,500

3,500

3,600

3,800

Overbought

TB

TB

TB

TB

3400

3600

31.4

7.3

Property &

Property & Property & Property & Construction ConstructionConstruction Construction

ASRI

ASRI

ASRI

ASRI

990

1,060

1,090

1,090

1,090

1,090

1,100

1,150

Stoch dead cross

PS

PS

PS

PS

1050

1100

21.4

5.1

SMRA

SMRA

SMRA

SMRA

2,750

2,850

2,925

2,925

2,925

2,925

3,025

3,150

Spinning top

PS

PS

PS

PS

2850

25.1

5.2

BSDE

BSDE

BSDE

BSDE

1,630

1,720

1,780

1,780

1,780

1,780

1,790

1,880

Moderate state

W

W

W

W

1740

34.5

3.1

WIKA

WIKA

WIKA

WIKA

2,275

2,450

2,575

2,575

2,575

2,575

2,550

2,675

Flag pattern

TB

TB

TB

TB

2525

2650

26.8

4.7

KIJA

KIJA

KIJA

KIJA

290

310

325

325

325

325

325

345

Oversold

W

W

W

W

310

17.2

1.7

Stocks

Stocks

Stocks

Stocks

4

your

reliable

partner

4

Source : Reliance Securities

Legend :

 B: BUY (allocate till 100% of the weighted capital to accumulate, higher than 50% upside probability)  SB: SPECULATIVE BUY (allocate 25%-50% of the weighted capital to accumulate, 25%-50% upside probability)  W: WAIT (wait for proper entry level, do the stop-loss if necessary)

 H: HOLD (hold the portfolio position, aim for the best price to distribute)

 PS: PARTIAL SELL (distribute 25%-50% part of the portfolio, 25%-50% downside probability)  S: SELL (distribute till 100% of the portfolio, higher than 50% downside probability)

 TB: TRADING BUY (short term or intraday trading within a tight trading range. Highly speculative).

Analyst Conclusion:

Uncertainty, wait for further confirmation signal. Reduce portfolio to minimized the risk.

Basic Industry & Basic Industry & Basic Industry & Basic Industry &

Chemical ChemicalChemical Chemical

CPIN

CPIN

CPIN

CPIN

4,575

4,800

4,900

4,900

4,900

4,900

5,100

5,400

Moderate state

W

W

W

W

4800

7.3

2.3

SMGR

SMGR

SMGR

SMGR

17,350

18,150

18,700

18,700

18,700

18,700

19,000

19,650

Oversold

W

W

W

W

18550

17.2

4.1

SMCB

SMCB

SMCB

SMCB

2,925

3,125

3,200

3,200

3,200

3,200

3,300

3,550

Southern star

TB

TB

TB

TB

3150

3300

20.2

3.1

Miscelaneous Miscelaneous Miscelaneous Miscelaneous

ASII

ASII

ASII

ASII

6,600

6,900

7,050

7,050

7,050

7,050

7,100

7,400

Tweezers bottom

TB

TB

TB

TB

6900

7150

14.6

0.3

Finance Finance Finance Finance

BBNI

BBNI

BBNI

BBNI

5,150

5,350

5,500

5,500

5,500

5,500

5,600

5,700

Bullish engulfing

SB

SB

SB

SB

5300

5400

5700

9.0

2.2

BBRI

BBRI

BBRI

BBRI

8,500

9,000

9,300

9,300

9,300

9,300

9,450

9,950

Consolidation

TB

TB

TB

TB

9000

9850

12.3

3.5

BBTN

BBTN

BBTN

BBTN

1,160

1,250

1,320

1,320

1,320

1,320

1,320

1,370

Hammer

TB

TB

TB

TB

1270

1370

6.2

1.4

Infrastructure Infrastructure Infrastructure Infrastructure

JSMR

JSMR

JSMR

JSMR

6,400

6,500

6,650

6,650

6,650

6,650

6,750

7,100

Rectangle pattern

TB

TB

TB

TB

6550

6700

26.0

4.8

EXCL

EXCL

EXCL

EXCL

4,750

5,000

5,150

5,150

5,150

5,150

5,450

6,000

Bullish continuation

TB

TB

TB

TB

5000

5250

17.6

3.1

PGAS

PGAS

PGAS

PGAS

5,650

6,000

6,100

6,100

6,100

6,100

6,300

6,700

Sideways

TB

TB

TB

TB

6000

6300

24.9

8.6

May 15 2013 Recommendation Table

(5)

Daily

Price Action

HEAD OFFICE

HEAD OFFICE

HEAD OFFICE

HEAD OFFICE

Reliance Building

Reliance Building

Reliance Building

Reliance Building

Jl. Pluit Kencana No. 15A,

Pluit Penjaringan

Jakarta 14450

T

T

T

T +62 21 661 7768

F

F

F

F +62 21 661 9884

RESEARCH DIVISION

RESEARCH DIVISION

RESEARCH DIVISION

RESEARCH DIVISION

Jasa Adhi Mulya

Jasa Adhi Mulya

Jasa Adhi Mulya

Jasa Adhi Mulya

[email protected]

Wilson Sofan

Wilson Sofan

Wilson Sofan

Wilson Sofan

[email protected]

Christine Natasya

Christine Natasya

Christine Natasya

Christine Natasya

[email protected]

Wibowo Suhaidi

Wibowo Suhaidi

Wibowo Suhaidi

Wibowo Suhaidi

Lanjar Nafi Taulat I

Lanjar Nafi Taulat I

Lanjar Nafi Taulat I

Lanjar Nafi Taulat I

EQUITY DIVISION EQUITY DIVISIONEQUITY DIVISION EQUITY DIVISION

Jakarta JakartaJakarta Jakarta--- Pluit-PluitPluitPluit

Jl. Pluit Kencana No. 15A Pluit Penjaringan Jakarta 14450 T + 62 21 661 7768 F + 62 21 661 9884 Jakarta Jakarta Jakarta Jakarta --- Sudirman-SudirmanSudirmanSudirman Menara Batavia 27th floor Jl.KH.Mas Mansyur Kav 126 Jakarta 10220

T + 62 21 5793 0008 F + 62 21 5793 0010 Jakarta

Jakarta Jakarta

Jakarta –––– KebonKebonKebonKebon JerukJerukJerukJeruk Plaza Kebon Jeruk Jl.Raya Perjuangan Blok A/2 Jakarta 11530 T + 62 21 532 4074 F + 62 21 536 2157 BSD BSDBSD BSD

Jl. Pahlawan Seribu Ruko BSD Sektor 7 Blok RK kav. 9 Tangerang 15310 T + 62 21 5387495 F + 62 21 5387494 Jakarta

Jakarta Jakarta

Jakarta –––– Green VilleGreen VilleGreen VilleGreen Ville

Ruko Taman Ratu D 11 No. 19 C

Bandung Bandung Bandung Bandung Jl.Cisangkuy No.58 Bandung 40115 T + 62 22 721 8200 F + 62 22 721 9255 Tasikmalaya Tasikmalaya Tasikmalaya Tasikmalaya

Ruko Tasik Indah Plaza No. 21 Jl. KHZ Mustofa No. 345 Tasikmalaya 46121 T + 62 265 345000 F + 62 265 345003 Yogyakarta Yogyakarta Yogyakarta Yogyakarta

Jl. Juadi No. 1 Kotabaru Yogyakarta 55224 T + 62 274 550 123 F + 62 274 551 121 Surakarta Surakarta Surakarta Surakarta

Jl. Slamet Riyadi 330A Solo 57145 T + 62 271 733480 F + 62 271 733478 Malang Malang Malang Malang Jl. Guntur No. 19 Malang 65112 Surabaya SurabayaSurabaya Surabaya ---- GubengGubengGubengGubeng Jl. Bangka No. 22 Surabaya 60281 T + 62 31 501 1128 F + 62 31 503 3196 Surabaya SurabayaSurabaya

Surabaya –––– DiponegoroDiponegoroDiponegoroDiponegoro Jl. Diponegoro 141-143 Surabaya 60264 T + 62 31 567 0388 F + 62 31 561 0528 Denpasar DenpasarDenpasar Denpasar

Dewata Square Blok A3 Jl. Letda Tantular Renon Denpasar 802361 T + 62 361 225099 F + 62 361 245099 Pontianak PontianakPontianak Pontianak

Jl. Gajah Mada No. 59 Pontianak 78121 T. +62 561 749558 F. +62 561 746284 Balikpapan BalikpapanBalikpapan Balikpapan

Jl. Jend. Sudirman No. 51A

Makassar Makassar Makassar Makassar

Jl. Boto Lempangan No. 34 J Makassar 90113 T + 62 411 3632388 F + 62 411 3614634 Pekanbaru Pekanbaru Pekanbaru Pekanbaru

Jl. Sumatera No. 9, Simpang Empat Pekanbaru - Riau 28000 T + 62 761 7894368 F + 62 761 7894370 Medan Medan Medan Medan

Jl. Teuku Amir Hamzah No.26 T + 62 61 6633065 F + 62 61 6617597

Ruko Taman Ratu D 11 No. 19 C Duri Kepa, Green Ville Jakarta 11510 T + 62 21 56945227 F + 62 21 56945226 Malang 65112 T + 62 341 347 611 F + 62 341 347 615

Jl. Jend. Sudirman No. 51A Balikpapan 76114 T + 62 542 746313-16 F + 62 542 746317

POJOK BURSA & GALERI INVESTASI POJOK BURSA & GALERI INVESTASI POJOK BURSA & GALERI INVESTASI POJOK BURSA & GALERI INVESTASI

UPN “Veteran” Jakarta UPN “Veteran” Jakarta UPN “Veteran” Jakarta UPN “Veteran” Jakarta Jl. RS Fatmawati, Pondok Labu Jakarta 12450 T + 62 21 7656971 ext. 197 F + 62 21 7656971 ext. 138 President University President University President University President University

Resto Plaza 1F - Jababeka Education Park Jl. Ki Hajar Dewantara Raya

Cikarang - Bekasi 17550 T + 62 21 89106030

Universitas Siliwangi Tasikmalaya Universitas Siliwangi Tasikmalaya Universitas Siliwangi Tasikmalaya Universitas Siliwangi Tasikmalaya Jl. Siliwangi No. 24

Tasikmalaya 46151 T + 62 265 323685 F + 62 265 323534 STIE "AUB" Surakarta STIE "AUB" Surakarta STIE "AUB" Surakarta STIE "AUB" Surakarta Jl. Mr. Sartono 97, Cengklik Nusukan, Surakarta 57135 T + 62 271 854803 F + 62 271 853084 UPN "Veteran" Yogyakarta UPN "Veteran" Yogyakarta UPN "Veteran" Yogyakarta UPN "Veteran" Yogyakarta Jl. Babarsari 2, Tambak Bayan Yogyakarta T + 62 274 485268 F + 62 274 487147 Universitas Surabaya Universitas Surabaya Universitas Surabaya Universitas Surabaya Jl. Raya Kalirungkut Surabaya 60293 T + 62 31 298 1203 F + 62 31 298 1204

Universitas Muhammadiyah Gresik Universitas Muhammadiyah Gresik Universitas Muhammadiyah Gresik Universitas Muhammadiyah Gresik Jl. Sumatra 101 GKB

Gresik 61121 T + 62 31 395 1414 F + 62 31 395 2585 Universitas Negeri Malang Universitas Negeri Malang Universitas Negeri Malang Universitas Negeri Malang Jl. Surabaya No. 6 Malang 65145 T + 62 341 585914 F + 62 341 552888

Universitas Muhammadiyah Malang Universitas Muhammadiyah Malang Universitas Muhammadiyah Malang Universitas Muhammadiyah Malang Jl. Raya Tlogomas 246 Malang 65144 T + 62 341 464318-9 F + 62 341 460782 Universitas Brawijaya Universitas Brawijaya Universitas Brawijaya Universitas Brawijaya Jl. Veteran Malang 65145 T + 62 341 551611, 575777 F + 62 341 565420 STIE Malangkucecwara STIE Malangkucecwara STIE Malangkucecwara STIE Malangkucecwara Jl. Terusan Candi Kalasan Malang 65142 T + 62 341 491813 F + 62 341 495619 Universitas Jember Universitas Jember Universitas Jember Universitas Jember Jl. Jawa No. 17 Jember 68121 T + 62 331 330732 F + 62 331 326419 STIESIA Surabaya STIESIA Surabaya STIESIA Surabaya STIESIA Surabaya Jl. Menur Pumpungan 30 Surabaya T + 62 31 5947505 F + 62 31 5932218 Universitas 17 Agustus 1945 Universitas 17 Agustus 1945 Universitas 17 Agustus 1945 Universitas 17 Agustus 1945 Banyuwangi Jl. Adi Sucipto 26 Banyuwangi, Jawa Timur T + 62 333 419613 F + 62 333 419163

Universitas Tanjungpura Pontianak Universitas Tanjungpura Pontianak Universitas Tanjungpura Pontianak Universitas Tanjungpura Pontianak Jl. Jendral Ahmad Yani

Pontianak 78124 T + 62 561 743465 F + 62 561 766840

Disclaimer

Disclaimer

Disclaimer

Disclaimer::::

Informasi, opini dan rekomendasi yang terdapat dalam dokumen ini disajikan oleh PT Reliance Securities Tbk. dari

sumber-sumber yang dianggap terpercaya dan dapat diandalkan. Dokumen ini bukan merupakan penawaran, invitasi atau representasi

dalam bentuk apapun untuk pengambilan keputusan membeli maupun menjual saham. Keputusan investasi yang diambil

berdasarkan dokumen ini bukan merupakan tanggung jawab PT Reliance Securities Tbk. PT Reliance Securities Tbk. berhak untuk

merubah isi dokumen ini sewaktu-waktu tanpa pemberitahuan terlebih dahulu.

Politeknik Kediri Politeknik Kediri Politeknik Kediri Politeknik Kediri Jl. Mayor Bismo No. 27 Kediri 64121 T. +62354) 683128 F. +62354) 683128 Universitas Negeri Makassar Universitas Negeri Makassar Universitas Negeri Makassar Universitas Negeri Makassar Fakultas Ekonomi Gedung BT Lt.2 Jl. A.P. Pettarani, Kampus UNM, Gunungsari Baru, Makassar 90222 T. +62411-889464 / 881244 F. +62411-887604

Referensi

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 B: BUY (allocate till 100% of the weighted capital to accumulate, higher than 50% upside probability)  SB: SPECULATIVE BUY (allocate 25%-50% of the weighted capital to

 PS: PARTIAL SELL (distribute 25%-50% part of the portfolio, 25%-50% downside probability)  S: SELL (distribute till 100% of the portfolio, higher than 50% downside probability)..

 B: BUY (allocate till 100% of the weighted capital to accumulate, higher than 50% upside probability)  SB: SPECULATIVE BUY (allocate 25%-50% of the weighted capital to