Jakarta Composite Index (JCI) may weaken today after it slipped 0.37% or 15.6 points to 4,177.85, tailing negative performances of global stocks. Here stock recommendations provided by Bisnis.com today:
Technically the index tends to fall to 4,157-4,210, with recommended shares, such as ISAT, SDRA, BFIN, and INTP.
The JCI technically is in the uptrend pattern. However, the index that is in overbought area may trigger profit taking actions. The fading sentiments of low inflation and first half financial result may shrink positive catalyst. The index is predicted to move between 4,137-4,195 today.
The index may face profit taking actions today with the nearest support level at 4,106 and resistance level at 4,195. Several stocks to watch DOID, HRUM, and EXCL.
The brokerage predicts rebound is still possible and the index will fluctuate around 4,132-4,195. The recommended shares include HRUM and EXCL.
Disclosure: No position at the stock mentioned above.
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