JCI Seen to Strengthen Today


The Jakarta Composite Index (JCI) on Wednesday (4/8) has the potential to strengthen by moving within the support range of 6,101 and resistance at 6,160.

Reliance Sekuritas analyst Lanjar Nafi said that the JCI movement was confirmed to be strong and moved towards the upper Bollinger bands at the level of 6,160.

"The RSI and Stochastic indicators give a signal of saturated momentum to the bears and give an indication of a movement that is turning higher again to test the nearest resistance," according to his research in Jakarta.

Furthermore, market players are very optimistically waiting for the economic growth data for the second quarter of this year with the expectation that it will move back into the positive zone of around 2.94%, which will be released this Thursday.

Investors can observe the stocks, among others, ACES, ADHI, ASII, BBNI, BBRI, GGRM, HMSP, and ICBP in today's trading.


Penulis : Widya