JCI At The Beginning Of The Week Will Be Under Pressure, Check Out The Stock Recommendations

Illustration. (Photo: Doc. Antara)

JAKARTA - PT Indosurya Bersinar Sekuritas analyst, William Suryawijaya, said the JCI movement earlier this week would still be stuck in the consolidation phase. The support-resistance range of the JCI is at the level of 5,872-6,123.

"The development of the JCI movement pattern still looks like it will not move out of the range of reasonable consolidation. Meanwhile, the potential for pressure is still wide open," William said in his research.

He said the lack of positive sentiment and the economic slowdown became a challenge for the JCI.

"In addition, capital inflows are not seen to grow significantly. So, the JCI movement will still be in a consolidation phase for some time to come," he explained.

So, William continued, the JCI movement which was still stuck in the consolidation phase could be used by investors to accumulate shares in PT Bank Negara Indonesia Tbk (BBNI), PT Astra AGro Lestari Tbk (AALI), PT Bank Central Asia Tbk (BBCA), PT Semen Indonesia Tbk (SMGR), PT Indofood Sukses Makmur Tbk (INDF), PT AKR Corporindo Tbk (AKRA), and PT Bumi Serpong Damai Tbk (BSDE).