JCI Seen to Strengthen Today


The Jakarta Composite Index (JCI)  may strengthen again today, on Wednesday (10/3).

Binaartha Sekuritas analyst Nafan Aji said yesterday that the JCI weakened due to the Micro PPKM policy extension. Also, there is no domestic macroeconomic data that has had a high positive impact on the market.

"The movement of JCI today, based on the MACD indicator, has formed a dead cross pattern in the positive area. Meanwhile, the stochastic and RSI indicators are starting to show negative signals, "he said in his research.

Nevertheless, today's JCI movement has tested the MA 60 line so that the possibility of a strengthening towards the resistance level is still wide open.

Nafan estimates that today's JCI movement on the Fibonacci ratio with minimum support and resistance is 6,102.22 to 6,256.03.

Meanwhile, stocks that can be considered by investors include, PT Adhi Karya Tbk (ADHI), PT HM Sampoerna Tbk (HMSP), PT Telkom Indonesia Tbk (TLKM), PT Sarana Menara Nusantara Tbk (TOWR), PT J Resources Asia Pasifik Tbk (PSAB).


Penulis : Widya