Jakarta Composite Index JCI closed down 0.03% at the 6,234.50 level. Throughout Monday's (08/03) trading, JCI moved in a range of 6,212.55 – 6,273.33. Foreign investors booked a net sell of Rp758.71 billion in the Regular Market, while across all markets they recorded a net sell of Rp708.00 billion. Technically, JCI moved sideways and remained above the EMA10 (6,187) and EMA20 (6,144), though still slightly below the EMA50 (6,243), which is now an important resistance level. The index's movement also continued to hold above the ascending trendline, indicating the short-term rebound trend remains intact with the potential to form a higher low. The RSI (14) rose to 56.01, reflecting bullish momentum strengthening again with room to continue rising. As long as JCI can hold above the 6,200 – 6,180 area, the index has room to test 6,243 as the nearest resistance. If it manages to break out above that level with rising volume, the strengthening could potentially continue toward 6,377 up to 6,723. Conversely, if it falls back below 6,180, JCI risks testing the support area at 6,144, then 5,987, before continuing its uptrend. KIWOOM RESEARCH advises traders to consider a buy on breakout if JCI manages to break through 6,243 accompanied by rising volume. Meanwhile, investors who already hold positions can hold or average up on stocks that remain above the support area, applying a trailing stop around the 6,180 level. ADVISE: Buy on breakout; Hold, average up or set your trailing stop. Stockpick: ARCI, ENRG, MEDC, TLKM.