JAKARTA - The movement of the Composite Stock Price Index (JCI) today, Friday, November 12, is projected to be anchored in the green zone after yesterday's gain of 0.12 percent to 6,691.34.

"The movement of the JCI on Friday's trading will still be supported by the release of issuers' performance in the third quarter of 2021. From a global perspective, investors will continue to monitor developments related to US inflation," said Artha Sekuritas analyst Dennies Christopher Jordan in his research.

Technically, Dennies said, the candlestick formed a higher high and a higher low with high volume, and the stochastic indicator widened after forming a golden cross indicating the potential to reach a new all-time high level.

He predicts that JCI will move higher with resistance 2 at 6,704, resistance 1 at 6,693, support 1 at 6,661, and support 2 at 6,640 on Friday, November 12 trading.

According to Dennies, some stocks that can be observed in today's trading are PT Wijaya Karya Tbk (WIKA), PT HM Sampoerna Tbk (HMSP), and PT Bumi Serpong Damai Tbk (BSDE).


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