ILLUSTRATION. Exchange Friday 16/7 opens soon, analysts recommend 3 stocks for trading today
Reporter: Achmad Jatnika | Editor: Adi Wikanto
KONTAN.CO.ID – JAKARTA. The Indonesia Stock Exchange (IDX) will immediately re-open the trading hours of securities for the Friday, July 16, 2021 edition. Before trading, check out the stock recommendations from a number of analysts in order to earn today’s money.
Because the stock market today is expected to be depressed. Analysts predict JCI will move in the red zone due to negative sentiment from the surge in Covid-19 cases. Pressure also came from Asian markets which weakened this morning.
As is known, the Composite Stock Price Index (JCI) rose 1.13% on Thursday (16/7), to a level of 6,046.75. Check out the technical recommendations for PRDA, SMDR, and BUDI stocks in trading on Friday (16/7):
1. PT Prodia Widyahusada Tbk (PRDA)
We estimate that the PRDA stock movement will tend to be corrected, it can be seen from the MACD movement which seems to show signs of correction coupled with stochastic which is still confirmed sideways.
PRDA stock recommendations: Sell on Strength (SoS)
Support: IDR 7,100 per US dollar
Resistance: IDR 9,225 per US dollar
Herditya Wicaksana, MNC Securities
Also Read: After rebounding 1.13%, JCI is predicted to continue rising on Friday (16/7)
Check out stock recommendations on the next page
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