Hi quest ,  welcome  |  sign in  |  registered now  |  need help ?

IHSG Strategy To Observe The Fed Meeting

Written By Unknown on Monday, March 14, 2016 | 12:12:00 PM

Composite Stock Price Index (IHSG) still hold above support at 4,800. At the end of trading last week, the index closed higher by 0.42% at 4813.78.
composite-stock-price-index

Heldy Arifien, KDB Daewoo Securities analyst, predicts, stock index earlier this week (14/3) survive in the positive area. Technically, it looks bullish signal at point 48.12 oversold stochastic trading. It provides space for JCI survive and relies on the support area 4750-4780.
"This position also opened up opportunities to move the index in the range of 4785-4830 early this week," estimate Heldy.

Read also The Fed releases Make the Price of Gold More Expensive

Reza Priyambada, NH Korindo Securities analyst, estimates, JCI is in the range of support 4745-4758 and 4835-4872 resistance. Hammer approached the area of ​​the upper Bollinger band (UBB).
MACD again tried riding with positive horizontal histogram. RSI, stochastic and William's% R again tried to rise. A week ago, JCI corrected, but reasonable.

After the market focused on the meeting of the European Central Bank (ECB) last week, investors are now looking at the Board of Governors of Bank Indonesia, also the Fed FOMC meeting. Reza predict, the rate of JCI survive in the green zone.


Taken from investasi.kontan.co.id

Related Article