JCI Set for Reversal: Check Out 5 Recommended Stocks with Profit Potential
The Composite Stock Price Index (JCI) is projected to rebound after a slight correction of 0.03% to 7,621.36. The strengthening of the JCI is expected to test its nearest support level during today’s trading session on Friday, 17 April 2026. Binaartha Sekuritas analyst Ivan Rosanova stated that the JCI has begun filling the nearest gap area between 7,527 and 7,598 yesterday. This movement indicates the continuation of the correction that started on Wednesday, 15 April 2026. “If the JCI remains above 7,488, the previous uptrend can continue towards 7,856 as a Fibonacci resistance,” said Ivan, quoted from his daily research on Thursday, 17 April 2026. The JCI support points are at levels 7,488, 7,255, 7,057, and 6,838. Meanwhile, resistance points are in the areas of 7,856, 8,000, and 8,111. Furthermore, Ivan revealed issuers that are potentially solid in today’s trading session. Here are the recommended stocks with potential profits that are attractive for investors and traders to monitor. PT Sumber Alfaria Trijaya Tbk (AMRT) - Recommendation: Hold - Target price: 1,640 PT Bank Rakyat Indonesia (Persero) Tbk (BBRI) - Recommendation: Trading Buy - Buy area: 3,280-3,350 - Target price: 3,500 PT Barito Pacific Tbk (BRPT) - Recommendation: Hold - Target price: 2,710 PT Bumi Resources Tbk (BUMI) - Recommendation: Hold - Target price: 284 PT United Tractors Tbk (UNTR) - Recommendation: Buy on Weakness - Buy area: 27,000-27,500 - Target price: 32,000