JCI Beware of Support Area, Check 5 Potential Profitable Stocks for Today

Jakarta - The Composite Stock Price Index (JCI) is predicted to enter a consolidation phase during Monday’s trading session, 11 May 2026. The JCI plunged by 2.86 per cent, closing at the level of 6,969.36.

Binaartha Sekuritas analyst Ivan Rosanova stated that the JCI began a fairly aggressive decline on Friday, 8 May 2026. This drop occurred after the index recorded a rapid increase since the beginning of the week.

“Therefore, the area of 6,925-6,950 needs to be monitored as support that will determine whether a rebound occurs to return to a positive trend or a break below it to form wave v from (a),” Ivan explained, quoted from his daily research on Monday, 11 May 2026.

The JCI support points are at levels 6,924, 6,838, 6,727, and 6,587. Meanwhile, resistance points are in the area of 7,275, 7,403, and 7,497.

Furthermore, Ivan predicts that several issuers have the potential to show positive performance in today’s trading session. Here are the recommended potential profitable stocks worth monitoring by investors.

PT Astra International Tbk (ASII)

• Recommendation: Trading Buy

• Buy area: 5,600-5,700

• Target price: 6,250

PT Elang Mahkota Teknologi Tbk (EMTK)

• Recommendation: Speculative Buy

• Buy area: 710-730

• Target price: 845

PT Merdeka Battery Materials Tbk (MBMA)

• Recommendation: Speculative Buy

• Buy area: 480-520

• Target price: 675

PT Medco Energi Internasional Tbk (MEDC)

• Recommendation: Trading Buy

• Buy area: 1,520-1,550

• Target price: 1,680

PT Perusahaan Gas Negara Tbk (PGAS)

• Recommendation: Trading Buy

• Buy area: 1,800-1,840

• Target price: 1,995