JAKARTA - The Composite Stock Price Index (JCI) is predicted to move sideways in today's trading, Friday, July 10, after yesterday closed up 0.67 percent to 5,912.4.
Phintraco Sekuritas in its research said that technically, the strengthening of the JCI was held at MA5 with Stochastic RSI which had the potential to experience a Death Cross. However, the MACD histogram is still holding in the positive area.
"So it is estimated that the JCI will move sideways in the range of 5,800-6,000," wrote Phintraco Sekuritas.
Meanwhile, MNC Securities estimates that the JCI still has the opportunity to continue strengthening by testing 6,083-6,203, but pay attention to the correction area at the level of 5,752-5,840.
MNC Sekuritas recommends four stocks for today's trading, namely AKRA, ESSA, MEDC, and DEWA.
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