The Composite Stock Price Index (IHSG) is projected to potentially continue its corrective movement toward the range of 7,245–7,447 in today’s trading session on Thursday (April 23, 2026), following its previous close in negative territory. Nevertheless, several stocks such as ACES, BMRI, and GOTO remain on analysts’ recommendation lists. The MNC Sekuritas analyst team noted that the IHSG declined by 0.24% to 7,541 in Wednesday’s trading (April 22, 2026), accompanied by emerging buying volume.

According to MNC, the IHSG is currently positioned at the end of wave [iv] under the black label, or alternatively at the end of wave [a] of wave B under the red label. This indicates that the index remains vulnerable to further downside, with the nearest correction area expected to test 7,245–7,447 while closing several existing gaps. However, in the short term, the IHSG still has the potential to test an upward range of 7,580–7,601.

For today’s session, support levels are seen at 7,488 and 7,351, while resistance levels are at 7,700 and 7,861. MNC Sekuritas’ selected stocks include ACES, BBYB, BMRI, and GOTO.

ACES is recommended for a buy on weakness strategy after gaining 2.07% to 394, supported by strong buying volume and maintaining a position above MA60. The stock is estimated to be at the end of wave 5 of wave (1), making it prone to a correction to form wave (2). The suggested buy range is 368–386, with target prices of 406 and 420, and a stoploss below 364.

BBYB is also recommended for buy on weakness after rising 2.42% to 338, accompanied by increased buying volume. Its current position is estimated to be part of wave (iv) of wave [a] of wave B. The recommended buy range is 306–322, with target prices of 360 and 374, and a stoploss below 302.

Meanwhile, BMRI gained 1.06% to 4,750, supported by buying dominance, although its upward movement remains capped by MA200. The stock is estimated to be within wave B of wave (Y). A buy on weakness strategy is suggested in the range of 4,690–4,730, with target prices of 4,830 and 4,940, and a stoploss below 4,670.

For GOTO, a speculative buy recommendation is given after it moved sideways at 56 with dominant buying volume, although still limited by MA60. The stock is estimated to be in wave [c] of wave 1. The suggested buy range is 54–56, with target prices of 59 and 62, and a stoploss below 53.

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