Jakarta, hitclubapk3 Indonesia
—
Price Index
Shares
Combined (
IHSG
) is predicted to strengthen in trading Wednesday (5/11).
MNC Sekuritas Technical Analyst Herditya Wicaksana said that the JCI has the opportunity to continue strengthening after successfully breaking through an important level in its technical pattern.
In the best scenario, according to him, the index is currently still in its initial phase
waves
(iii) of
waves
[iii], which indicates positive momentum is still continuing.
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“As long as this pattern persists, the nearest strengthening area for the JCI is projected to be in the range of 8,332 to 8,354,” said Herditya in his daily research.
With this sentiment, Herditya projects that the JCI will move in a range
support
8.144, 8.042 and
resistance
8,309, 8,356 today.He also recommended a number of stocks, namely ACES, CPIN, EXCL, and MAPA.
Likewise, Binaartha Sekuritas analyst Ivan Rosanova said he was still moving in a positive trend with the opportunity to continue the increase, as long as he was able to stay above the daily moving average line (SMA-20).
If this momentum is maintained, he continued, the index has the potential to test Fibonacci resistance at level 8,362.
“As long as the daily closing remains above SMA-20, the opportunity for the JCI to strengthen is still open. However, if it falls below it, the index could be corrected towards the support area at 8,061,” said Ivan in his daily research.
He also predicts that the JCI will move at level
support
8,061, 7,986, 7,892, 7,821 and
resistance
8,362, 8,486, and 8,595 today.Ivan also recommended a number of shares, namely AKRA, AMRT, INDF, INKP, and UNTR.
JCI closed at level 8,241 on Tuesday (4/11) afternoon.The stock index weakened 33.17 points or minus 0.40 percent from previous trading.
Quoting RTI Infokom, investors made transactions amounting to IDR 19.39 trillion with the number of shares traded amounting to 28.50 billion shares.
At yesterday’s close, 207 stocks rose, 439 corrected, and 165 stagnated.
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Editor’s Note:
This news is not made to recommend or not recommend certain shares.Investment decisions are completely in the hands of the reader.
(del/sfr)
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