JCI Is Projected To Move Positively On Thursday, Check Out Stock Recommendations
JAKARTA - The Composite Stock Price Index (JCI) is projected to move positively in today's trading, Thursday, February 27. Phintraco Sekuritas in its research estimates the JCI will move in the resistance range at 6,880, pivot 6,680, and support at 6,550.
Phintraco Sekuritas said the JCI recorded an intraday rebound of more than 6,600 on Wednesday. Along with this movement, a long lower-shadow was formed.
"Technically, this condition opens up opportunities for the JCI today to be technical rebounded further to the range of 6,650," wrote Phintraco Sekuritas.
Phintraco Sekuritas said that a number of depressed blue chip stocks in the last few days have begun to be indicated entering the consolidation phase, such as BBCA and BBRI or technical rebounds, such as BBNI, BMRI, UNVR and TLKM.
"This movement can indicate conditions that the market has begun to digest the formation of the Danantara more objectively," said Phintraco Sekuritas.
Phintraco Sekuritas added that external sentiment was still relatively similar to the conditions earlier this week, namely related to the tariff issue and the policy direction of the Fed. United States (US) President Donald Trump maintains plans to implement tariffs for Canada and Mexico.
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"In fact, Trump has the potential to expand to the European Union," added Phintraco Sekuritas.
The stocks recommended by Phintraco Sekuritas are DEWA, MAPA, MEDC, TAPG and MDKA.