JCI Is Projected To Drop Again, This Is Friday's Stock Choice

JAKARTA - The Composite Stock Price Index (JCI) is at risk for a correction to the range of 6,835-6,922 in trading this weekend, Friday, December 20, after closing down 1.84 percent to 6,977 in yesterday's trading session.

However, a number of stocks are still interesting to observe today. The MNC Sekuritas analyst team stated that yesterday's Ianjloknya JCI was still dominated by selling pressure.

According to MNC Sekuritas, with the burst of 7,041 as its crucial support, the JCI is currently undergoing a black scenario, which is forming part of wave C from wave 2.

"This means that the JCI will be prone to corrections to the range of 6,835-6,922, however, it does not close the opportunity for strengthening in the short term to the range of 7,015-7,053," said MNC Sekuritas in the research.

Meanwhile, in today's trading, MNC securities said the JCI support level would be in the range of 6,951, 6,843, while the resistance level was in the range of 7,118, 7,263.

The stocks that are recommended by MNC Sekuritas in today's trading, namely ASII, BBCA, EXCL and MEDC.