JCI Predicted To Turn Stronger On Monday, These 3 Stocks Are Recommended

JAKARTA - The movement of the Composite Stock Price Index (JCI) today, Monday, December 6, is projected to rebound after last weekend's closing in the red zone, aka falling 0.69 percent to the level of 6,538.51.

Artha Sekuritas Indonesia analyst Dennies Christopher Jordan observed that the JCI on Friday had rebounded the previous day, triggering profit-taking. In addition, stock movements are also overshadowed by anxiety about the new variant of Omicron.

"Investors are still watching the impact of this spread in the future," said Dennies in his research.

For today's trading, Dennies estimates that the JCI will rebound with support levels at 6,516 to 6,494 and resistance levels at 6,580 to 6,622.

"Technically, the weakening has been quite limited and remains at the 50 MA support. The stochastic indicator is in the oversold area, so there are indications of a chance for a rebound in the short term," said Dennies.

Although it is projected to reverse higher, stock movements in the stock exchange are still overshadowed by concerns over the spread of Omicron and its future impact on the economy.

In the midst of the JCI which is expected to strengthen, analysts are keeping an eye on the shares of PT Prudelta Lestari Tbk (DMAS), PT Mitra Keluarga Karyasehat Tbk (MIKA), and PT Sarana Menara Nusantara Tbk (TOWR).