The JCI Is Predicted To Strengthen On Friday, These Are Recommended Stocks

JAKARTA - The movement of the Composite Stock Price Index (JCI) is predicted to strengthen in today's trading, Friday, July 22, after yesterday's decline of 0.15 percent to 6.864.13.

Artha Sekuritas analyst Dennies Christopher Jordan predicts that the JCI will strengthen today. Support 1 is expected to be at the level of 6.817, support 2 at 6.771, resistance 1 at 6.901, and resistance 2 at 6.939.

Technically, the candlestick forming a higher high and a higher low has the potential to strengthen and test the nearest resistance at the MA50.

"On the other hand, interest rates that remain low are expected to encourage the economy to remain strong," said Dennies in his research.

Meanwhile, Dennies advised investors to pay close attention to the shares of PT Dharma Satya Nusantara Tbk (DSNG), PT Media Nusantara Citra Tbk (MNCN), and PT XL Axiata Tbk (EXCL).