JCI Thursday Projected To Continue Correction, Four Shares Could Be An Option
JAKARTA - MNC Sekuritas in its research projects that the Composite Stock Price Index (JCI) will move in the support range of 7,654-7,546 and resistance 7,810-7,910 in today's trading, Thursday 26 September.
MNC Sekuritas said yesterday the JCI corrected 0.48 percent to 7,740 accompanied by the emergence of sales volume. Corrections from the JCI also broke through the nearest support at 7,654.
If the JCI has not managed to break from 7,810 and 7,910 as its closest resistance area, then the JCI position is currently in part of the wave [ii] of wave 3 or part of wave 4 of wave (3) there is a red label.
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"This means, there is an opportunity for the JCI to continue the correction today to test 7,454-7,562," wrote MNC Sekuritas.
MNC Sekuritas recommends four stocks for today's trading, namely ADRO, ASII, BBRI and MEDC.