Jakarta Composite Index JCI closed higher by 0.91% to the level of 6,231.78 in Monday's trading (20/07), after moving in the range of 6,191.04 – 6,249.90. Technically, JCI movement continued its gains after successfully breaking out of resistance and approaching the EMA50. This condition indicates an opportunity to transition the medium-term trend back from bearish to bullish. From the momentum side, the RSI (14) continued to increase to the 59.04 level. This shows that buying momentum is starting to dominate, but has not yet entered the overbought area, so room for an increase is still available. Chart pattern-wise, JCI still has the opportunity to continue its uptrend to resistance at 6,254 (EMA50) – 6,286; if it manages to break, the potential continues toward the 6,345 – 6,377 level. Meanwhile, a downside scenario under the assumption of being unable to break the EMA50 dynamic resistance means profit taking could likely correct to support at 6,191 – 6,175 (gap area) and 6,108. ADVISE: Set your trailing stop or average up. Stockpick: BRMS, BULL, IMPC, MBMA.