JCI Seen to Continue Falling Today


The Jakarta Composite Index (JCI) today, on Friday (5/3), is estimated to be corrected again.

"JCI movement today based on the MACD indicator still shows a positive signal. Even so, Stochastic and RSI are in a neutral area," said Binaartha Sekuritas analyst Nafan Aji in his 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 is based on the Fibonacci ratio, while the minimum support and resistance are at 6,256.03 and 6,368.41.

Meanwhile, stocks that investors can consider PT BPD West Java and Banten Tbk (BJBR), PT Bumi Serpong Damai Tbk (BSDE), PT Eagle High Plantations Tbk (BWPT), PT Media Nusantara Citra Tbk (MNCN), PT. Ramayana Lestari Sentosa Tbk (RALS), PT United Tractors Tbk (UNTR).


Penulis : Widya