JCI Thursday Predicted To Strengthen, These 3 Stocks Are Recommended

Illustration. (Photo: Doc. Antara)

JAKARTA - The movement of the Composite Stock Price Index (CSPI) is predicted to strengthen in today's trading, Thursday, December 30, after yesterday it closed with a slight increase of 0.03 percent at the level of 6,600.67.

Artha Sekuritas analyst, Dennies Christopher Jordan, explained that the JCI yesterday strengthened to a limited extent, ignoring concerns about the Omicron variant in the US and Europe.

"There was minimal movement in sentiment at the beginning of the week before the New Year's holiday," said Dennies in his daily research.

Dennies predicts that the JCI will strengthen today, where technically the candlestick forms a higher high and a higher low accompanied by an indicator of increasing volume indicating 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 high number of COVID-19 cases in the US and Europe," he said.

Furthermore, Dennies estimates that the JCI will move at support levels of 6,565 and 6,581 and resistance at 6,617 and 6,637. The stocks that Dennies recommends are PT Astra International Tbk (ASII), PT Bank Rakyat Indonesia Tbk (BBRI), and PT Sarana Menara Nusantara Tbk (TOWR).