JCI Seen to Continue Moving Lower


Today, the Jakarta Composite Index (JCI) today, on Tuesday (23/3), is seen still in the red zone.

"Today's JCI is moving MACD, stochastic and RSI are starting to show neutral signals. Meanwhile, there is a downward bar pattern which indicates a potential for further correction in the JCI movement," said Binaartha Sekuritas analyst Nafan Aji in his research.

According to Nafan, today's JCI movement is based on the Fibonacci ratio, while the minimum support and resistance are at 6,254.33 and 6,345.93, respectively.

Nafan gives a number of share recommendations that investors can consider, including PT Astra International Tbk (ASII), PT Bank Negara Indonesia Tbk (BBNI), PT Bank Tabungan Negara Tbk (BBTN), PT Erajaya Swasembada Tbk (ERAA), PT XL Axiata Tbk (EXCL), PT Indonesia Vehicles Terminal Tbk (IPCC).


Penulis : Widya