JAKARTA - The Composite Stock Price Index (JCI) ended in the red zone or slightly decreased by 0.09 percent at the level of 6,882.704 in trading Tuesday, June 25, 2024.

Yugen Bertumbuh Sekuritas CEO William Surya Wijaya said that in yesterday's trading, Tuesday, June 25, 2024, the JCI closed slightly, but if you look at the technical side, the buyer's dominance in the last 2 days of trading has been seen.

"What is of concern is that the JCI's potential to move higher is limited and the potential for healthy corrections that may occur on the same day because the JCI is currently testing resistance at 6,894 and further targets at the psychological level are 7,000," he explained in his research, quoted Wednesday, June 26.

If possible, continued William, this is an opportunity for buy on wealth if you have the shares you are aiming for but have not had time to buy because there is a rebound on June 20, 2024.

Technically, William said that the JCI tried to strengthen again after successfully maintaining support at the psychological level of 6,700. However, the JCI still does not indicate a full reversal, there is still resistance at 6,894 and 7,000, it is estimated that there will be a consolidation movement first before further strengthening.

William estimates that the JCI movement will strengthen on Wednesday, June 26. "Paying attention to the factors above, today we project the JCI has the potential to move in a tendency to strengthen the range of 6,721 6,894," he said.

William recommended several stocks recommended in trading Wednesday 26 June 2024 as follows:

PT. Perusahaan Gas Negara Tbk (PGAS), buy, support 1,530, resistance 1,585. Strengthening with the potential to close the gap at 1,585.

PT Aman Agrindo Tbk (GULA), buy, support 685, resistance 760. Formation of support on 685, the potential to continue strengthening after this support.

PT Industri Jamu Dan Pharmacy Sido Muncul Tbk (SIDO), buy, support 720, resistance 800. Trend following with the candlestick position strengthened above MA5 and MA20.

PT. Semen Indonesia (Persero) Tbk (SMGR), wait and see, support 3,410, resistance 4,150. Potentially weakened testing back support at 3,410.


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