JCI Seen in Bearish Trend


Today, the Jakarta Composite Index (JCI) today, Wednesday (24/3), is expected to continue the bearish trend today.

"The JCI today based on the MACD indicator has formed a dead cross pattern in the positive area. Meanwhile, the stochastic and RSI indicators are in a neutral area," said Binaartha Sekuritas analyst Nafan Aji in her research.

On the other hand, you can see a long black marubozu candle pattern which indicates a potential for further correction to today's JCI movement.

According to Nafan, today's JCI movement based on the Fibonacci ratios for maximum support and resistance is 6,167.72 and  6,307.84.

As for a number of share recommendations that can be considered by investors, including PT AKR Corporindo Tbk (AKRA), PT Astra International Tbk (ASII), PT Delta Dunia Makmur Tbk (DOID), PT Gudang Garam Tbk (GGRM), PT United Tractors Tbk ( UNTR), PT Wijaya Karya Bangunan Gedung Tbk (WEGE).


Penulis : Widya