JCI Friday Is Prone To Correction, Check Out Stock Recommendations

JAKARTA - The Composite Stock Price Index (JCI) is projected to be prone to correction in today's trading, Friday, December 27. MNC Sekuritas in its research estimates that the JCI will move in the support range of 6,951-6,843 and resistance 7,118-7,263.

MNC Sekuritas said yesterday the JCI corrected 0.43 percent to 7,065 accompanied by a volume of purchases. It is estimated that today's JCI opportunity forms two scenarios.

"In today's JCI black scenario, it is forming part of wave C of wave 2, so the JCI is still prone to correction to the range of 6,835-6,922," wrote MNC Sekuritas.

However, continued MNC Sekuritas, today's JCI red scenario is forming the initial part of wave 1. Thus, the JCI today has the opportunity to strengthen to test 7,217-7,394 with the JCI record being able to survive above 6,931.

MNC Sekuritas recommends four shares for today, namely HRTA, BULL, ULTJ, and TOBA.