Jakarta Composite Index JCI closed higher by 1.19% to the level of 5,986.50. Throughout trading, JCI moved in the range of 5,890.44 – 5,987.01. Technically, JCI continued its gains for 5 consecutive days after successfully achieving a minor breakout above the minor downtrend line and closing at 5,986.50, simultaneously sitting above the EMA10 (5,889) and EMA20 (5,962). This breakout indicates that selling pressure is beginning to diminish and opens up an opportunity for a continued technical rebound in the short term. Even so, the appreciation has not changed the primary trend because the index is still moving within a larger downtrend channel and remains below the EMA50 (6,343), meaning that the medium-term trend still tends to be bearish. Meanwhile, the RSI (14) is at the 47.92 level and continues to move up from the oversold area. This shows that buying momentum is beginning to strengthen, but the RSI remains below the 50 level so confirmation of a trend change toward bullish has not yet fully formed. From a technical perspective, as long as JCI is able to hold above the 5,960 – 5,980 area (EMA20 as well as the breakout area), the opportunity to continue its technical rebound remains open with the first resistance target at 6,045 – 6,100, followed by 6,121 – 6,171. If that resistance is successfully broken, the opportunity for strengthening toward the EMA50 around 6,343 will become increasingly open. Conversely, if JCI falls back below 5,960, the current breakout has the potential to become a false breakout, risking the index testing the support area of 5,900 – 5,882 again, then 5,820, and 5,677 as the major support level. Therefore, confirmation in the form of increasing transaction volume and continued foreign investor accumulation is still required for the trend reversal opportunity to become stronger and more sustainable. ADVISE: Accumulation buy or average up. Stockpick: HRUM, INCO, JSMR, TLKM.