Beware! Analysts Predict Potential Correction in the JCI, Here are 5 Potential Stocks for Today's Gains
Beware! Analysts Predict Potential Correction in the JCI, Here are 5 Potential Stocks for Today’s Gains
Analysts at Binaartha Sekuritas, Ivan Rosanova, stated that the JCI has the potential to continue its subwave ii correction. The decline will be realised if the index’s movement today falls below the 8,252 level.
“The target for the correction is in the 8,000-8,075 area based on Fibonacci retracement analysis,” said Ivan, quoted from his daily research, Thursday, February 26, 2026.
Ivan also sees a signal for an increase towards 8,500 as a limited extension of the previous uptrend. According to him, strengthening could occur if the JCI breaks above 8,387.
The JCI’s support level is in the 8,160, 7,989 and 7,835 areas. Meanwhile, the resistance level is at 8,527, 8,812 and 8,992.
Furthermore, Ivan estimates that several issuers have solid performance. Here are recommendations for potential stocks that investors should consider:
PT Adaro Andalan Indonesia Tbk (AADI)
Recommendation: Trading Buy
Buying area: 8,750-8,900
Target price: 9,800
PT Alamtri Resources Indonesia Tbk (ADRO)
Recommendation: Buy on Weakness
Buying area: 2,180-2,230
Target price: 2,470
PT Sumber Alfaria Trijaya Tbk (AMRT)
Recommendation: Trading Buy
Buying area: 1,680-1,730
Target price: 2,000
PT Bank Negara Indonesia (Persero) Tbk (BBNI)
Recommendation: Accumulative Buy
Buying area: 4,200-4,300
Target price: 4,730
PT GoTo Gojek Tokopedia Tbk (GOTO)
Recommendation: Speculative Buy
Buying area: 51-55
Target price: 68