Jakarta, CNBC Indonesia – A number of securities companies (brokers) estimate that in trading today, Thursday (8/4/2021), the Composite Stock Price Index (JCI) will move higher although this strengthening still needs further attention from yesterday’s closing position, Wednesday with a strengthening of 0, 56% to the level 6,036.61
Following are stock recommendations that are worth considering before Thursday’s trading (8/4/2021) opens.
Artha Sekuritas – Limited Index Strengthening
JCI is predicted to strengthen. The movement is expected to strengthen limited. Indicator stochastic moving form goldecross of area oversold (oversold) indicates the potential for strengthening, but it is necessary to be aware that the movement is still in a trend bearish medium term, so the reinforcement will only be temporary.
Reliance Sekuritas Indonesia – JCI Can Strengthen
Technically, JCI is strong above the psychological level of 6000. The potential to continue strengthening after break out resistance MA5 as confirmation of further investor optimism. Indicator stochastic moving with bullish momentum with MACD with positive divergence between MACD and the histogram giving an indication of a positive cross over in the area undervalue. So technically the JCI has the potential to move stronger.
Samuel Sekuritas Indonesia – Consolidated Market
The JCI is further depressed downtrend line, and now a psychological test of 6,000. Opportunities will market first consolidate around this level.
MNC Sekuritas – Pay Attention to Index Positions
As long as it is not corrected below 5,892, the next JCI movement is expected to tend to strengthen to test the 6,060-6,170 area. JCI will be more confirmed to strengthen if it is able to break above 6,230.