JCI At The End Of The Week Has The Opportunity To Continue Strengthening, Here Are The Stock Recommendations

Illustration. (Photo: Doc. Antara)

JAKARTA - MNC Sekuritas in its research said that the Composite Stock Price Index (JCI) has the opportunity to strengthen in today's trading, Friday, November 15. JCI today is estimated to move in the support range of 7,182-7,076 and resistance 7,354-7,449.

MNC Sekuritas explained that the JCI was corrected again 1.29 percent to 7,214 and was still dominated by selling pressure. As long as it is still able to be above 7,182 as the closest support area, the JCI is expected to be at the beginning of wave [iii] from wave 3.

"Thus, the JCI today has the opportunity to continue its strengthening to test 7,396-7,528 on the black scenario," wrote MNC Sekuritas in his research.

However, MNC Sekuritas reminded, be aware of a reversal of direction. This is because the JCI is still prone to continuing its corrections to the range of 6,835-7,065 to form wave C from wave (2) in the red scenario.

MNC Sekuritas recommends four shares for today, namely AKRA, ICBP, ISAT, and KLBF.