JCI Seen to Move Higher Today


The Jakarta Composite Index today, on Wednesday (7/4), is expected to continue moving higher.

"JCI movement today based on the MACD indicator still shows a negative signal. Even so, stochastic and RSI are starting to be in a neutral area, "said Binaartha Sekuritas analyst Nafan Aji in his research.

The JCI movement had tested the MA 60 line earlier so that the chance for a minimal strengthening to the resistance level is still wide open, he said.

According to Nafan, today's JCI movement is based on the Fibonacci ratio, while the minimum support and resistance are at 5,940.99 to 6,054.36.

A number of share recommendations that can be considered by investors include PT Astra International Tbk (ASII), PT Bank Central Asia Tbk (BBCA), PT Indofood CBP Sukses Makmur Tbk (ICBP), PT Indika Energy Tbk (INDY), PT Indocement Tunggal Prakasa Tbk (INTP).



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