JCI Seen to Weaken Today


The Jakarta Composite Index today, on Tuesday (4/5), seems to be weakening again.

"Today's JCI movement (4/5) based on the MACD indicator has formed a golden cross pattern in the negative area. However, stochastic and RSI are moving downwards in the neutral area, "said Binaartha Sekuritas analyst Nafan Aji in his research.

On the other hand, there is a downward bar pattern which indicates a correction in the JCI movement today (4/5).

According to Nafan, today's JCI movement is based on the Fibonacci ratio, while the maximum support and resistance are in the range of 5,883.52 and 6,026.96.

As for a number of share recommendations that can be considered by investors, including PT Bank Negara Indonesia Tbk (BBNI), PT Bank CIMB Niaga Tbk (BNGA), PT Indomobil Sukses International Tbk (IMAS), PT Indah Kiat Pulp & Paper Tbk (INKP), PT Media Nusantara Citra Tbk (MNCN).


Penulis : Widya