KSI Technical Recommendation 06 October 2026
October 06, 2026
Jakarta Composite Index
JCI closed up 1.36% at 6,118.86 in Monday's (05/10) trading. However, foreign investors still booked a net sell of Rp123.10 billion in the regular market, bringing accumulated foreign YTD net sell to Rp108.85 trillion. Technically, JCI rebounded again and is currently testing resistance at the trendline, with RSI (14) rising again to 37. If JCI has the opportunity to strengthen again, it could test 6,168 (EMA 10), then 6,227 – 6,241. Conversely, if it weakens again, JCI is vulnerable to retesting support at 6,053 / 6,019 and testing 5,979. KIWOOM RESEARCH suggests investors could accumulate if JCI manages to break upward, while remaining cautious should selling pressure return.
ADVISE: Wait & see or accumulation on break.
Stockpick: BUVA, DEWA, EMAS, PTRO.