JCI Predicted To Be Strong Today, These 3 Stocks Are Recommended

JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to strengthen in today's trading, Friday, December 24 after yesterday in positive territory, rising 0.40 percent or 25.96 points so that it parked at the level of 6,555.55.

Artha Sekuritas analyst Dennies Christopher Jordan said that the JCI closed higher yesterday, ignoring concerns about the Omicron COVID-19 variant in the US and Europe. According to him, the strengthening was supported by US GDP data which was better than expected.

On the other hand, domestic sentiment is still minimal. And in today's trading, Dennis predicts the JCI will strengthen.

"Technically, the candlestick forming a bullish harami indicates the potential for strengthening in the short term. Movement is expected to be quite limited due to the lack of domestic sentiment and concerns about the COVID-19 Omicron in the US and Europe," Dennies explained in his daily research.

Artha Sekuritas estimates that the JCI will move today with support at 6,534 and 6,513 and resistance at 6,573 and 6,591. Stocks to watch out for include PT Astra International Tbk (ASII), PT Summarecon Agung Tbk (SMRA), and PT Sarana Menara Nusantara Tbk (TOWR).