Jakarta, hitclubapk3 Indonesia
—
Price Index
Shares
Combined (
IHSG
) is projected to weaken in trading Wednesday (19/11).
WH-Project Founder William Hartanto saw that the stock index tested the 8,361 level again and finally closed right at that range in yesterday’s trading.
Even though there was a slight decline from the previous level, he said that the index movement was still considered safe because it remained in the record high area.
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“As long as the JCI moves in the area
all time high
“The correction pressure is still considered reasonable,” said William in his daily research.
With this sentiment, William projects that the JCI will move in the support range of 8,300 and resistance of 8,400 today.He also recommended a number of shares, namely INKP, ELSA, AKRA and BMRI.
Meanwhile, Binaartha Sekuritas analyst Ivan Rosanova said the stock index lost its positive momentum after falling again below the level of 8,360 in yesterday’s trading.
According to him, this condition opens the risk of further correction towards the SMA-20 area in the range of 8,280-8,300.Even so, the opportunity for a bounce is still open as long as the index is able to stay above 8,312.
“As long as the JCI does not penetrate 8,312, the opportunity for a rebound remains,” said Ivan in his daily research.
He also predicts that the JCI will move at support levels of 8,312, 8,255, 8,163 and 8,061 and resistance levels of 8,486, 8,595 and 8,703 today.Ivan also recommended a number of stocks, namely ANTM, CPIN, ICBP, ITMG and UNTR.
JCI closed at level 8,361 on Tuesday (18/11) afternoon.The stock index weakened 54.95 points or minus 0.65 percent from previous trading.
Quoting RTI Infokom, investors made transactions amounting to IDR 19.72 trillion with the number of shares traded amounting to 40.99 billion shares.
At yesterday’s close, 230 stocks rose, 418 corrected, and 162 stagnated.
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.
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(del/pta)
