JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to strengthen in today's trading, Monday, July 10. MNC Sekuritas predicts the JCI will be traded in the support range of 6,703-6,622 and resistance at 6,772-6,810 today.
MNC Sekuritas explained that the JCI closed corrected 0.6 percent to 6,716 at birth last week accompanied by the emergence of sales volume. The closing of the JCI was again below the MA60. The JCI position today is estimated to be still part of the wave c of the wave (i).
"JCI today still has the opportunity to turn higher to re-test the area range of 6,767-6,841," wrote MNC Sekuritas in his research.
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However, MNC Sekuritas reminded investors to be aware of the continued JCI correction which will test 6,677-6,696.
MNC Sekuritas recommends not to miss the potential for BRPT to TINS money for today's trading.
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