JCI Thursday Is Projected To Strengthen, But Stay Alert To Profit Taking

JAKARTA - The Composite Stock Price Index (JCI) closed up 0.44 percent or 30.56 points to 6,948.27 on Wednesday 26 July trading. This is an increase in the JCI in five consecutive days.

Phintraco Sekuritas in his research said that the JCI is expected to again try a resistance test of 6,950 on Thursday 27 July.

"Meski demikian, penguatan diperkirakan lebih terbatas dan JCI rawan profit taking di Kamis," jelas riset Phintraco Sekuritas.

The potential correction/pullback is strengthened by indications of overbought in Stochastic RSI.

The JCI is expected to be supported by potential stock-sharing rate-sensitive strengthening following the announcement of the FOMC The Fed on Thursday morning WIB, continued research on Phintraco Sekuritas.

The stocks recommended for trading this Thursday include BBCA, BBTN, BRIS, BTPS, and ASII.