JCI Seen to Strengthen Today


The Jakarta Composite Index (JCI) is expected to strengthen today on Wednesday (3/2).

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

However, previously there was a bullish engulfing line candlestick pattern, which indicated the potential for further strengthening in the JCI movement so that it had the opportunity to go to the nearest resistance.

According to Nafan, today's JCI movement based on the Fibonacci ratios for support and resistance will be 5,992.73 to 6,179.13.

Several stocks that can be considered by investors among others, PT Alam Sutera Realty Tbk (ASRI), PT Bank Rakyat Indonesia Tbk (BBRI), PT Bekasi Fajar Industrial Estate Tbk (BEST), PT Bank Mandiri Tbk (BMRI), PT Ciputra Development Tbk (CTRA).


Penulis : Widya