JAKARTA - The Composite Stock Price Index (IHSG) is predicted to still consolidate in today's trading, Thursday, July 16, after yesterday closed slightly stronger at 0.04 percent to the level of 6,041.9.
Phintraco Sekuritas in its research said that technically, the JCI is still above the MA20 level, but the Stochastic RSI is already in the overbought area.
"So it is estimated that the JCI will still be consolidating in the range of 6,000-6,125," wrote Phintraco Sekuritas.
Meanwhile, MNC Sekuritas predicts the JCI will have the opportunity to strengthen by testing 6,137-6,254. Watch the nearest correction area which is estimated to be at 5,974-6,020.
MNC Sekuritas recommends four stocks for trading today, namely BBRI, BULL, BUMI and TINS.
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