JCI Projected to Rebound as Analyst Reveals Five Potentially Profitable Stock Picks

The Jakarta Composite Index (JCI) is projected to rebound during the Friday trading session on 20 February 2026. Previously, the JCI closed down 0.43 per cent at the 8,274 level.

Binaartha Sekuritas analyst Ivan Rosanova said the JCI has the potential to strengthen, though it is likely to undergo a correction first. Ivan noted positive signals from the domestic index’s movement, which was held back by the SMA-20 line and resistance at the 8,377 level during Thursday’s trading session on 19 February 2026.

“Positive momentum remains intact as long as the JCI does not fall below 8,071,” Ivan said, quoted from his daily research note on Friday, 20 February 2026.

The JCI’s support levels sit at 8,071, 7,809, 7,617 and 7,362, whilst resistance levels are at 8,377, 8,596 and 8,837.

Furthermore, Ivan highlighted a number of listed stocks with bright prospects for the day’s trading session. The following are five potentially profitable stock recommendations worth monitoring for investors:

PT Adaro Andalan Indonesia Tbk (AADI) - Recommendation: Trading Buy - Buy area: 9,150–9,350 - Target price: 9,800

PT Sumber Alfaria Trijaya Tbk (AMRT) - Recommendation: Hold - Target price: 2,010

PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Recommendation: Buy on Weakness - Buy area: 3,400–3,600 - Target price: 3,940

PT GoTo Gojek Tokopedia Tbk (GOTO) - Recommendation: Speculative Buy - Buy area: 51–55 - Target price: 68

PT Indofood CBP Sukses Makmur Tbk (ICBP) - Recommendation: Hold - Target price: 8,650