JAKARTA - The movement of the Composite Stock Price Index (JCI) has the opportunity to strengthen again in today's trading, Wednesday, December 28, after yesterday's jump of 1.28 percent or 87.22 points to the level of 6,923.03.
Equity Research Phintraco Sekuritas Rio Febrian assessed that technically, the JCI has the opportunity to continue its rebound to a psychological level of 7,000 this Wednesday. The strengthening of the JCI was supported by the formation of a white marubozu candlestick widening of the MACD slope.
"The JCI resistance is at 7,000, pivot 6,900, and support 6,800," Rio said in his research.
According to Rio, the easing of the COVID-19 policy in China has become a positive sentiment for the stock market. This has the potential to trigger economic recovery.
Domestically, window dressing signals began to appear. Transaction volume in trading Tuesday increased when compared to yesterday the previous day. This has the potential to trigger a strengthening in the last week of December 2022.
Rio recommends investors to pay close attention to several blue chip stocks, such as CPIN, PTBA, MIKA, KLBF, INCO, BBCA, and GOTO in trading this Wednesday.
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