Jakarta Composite Index JCI closed up 0.50% at the 6,351.14 level on Wednesday's trading (08/05), after moving in a range of 6,316.10 – 6,367.82. Although foreign investors still booked a net sell of Rp187.59 billion in the Regular Market and Rp182.77 billion across all markets. Technically, JCI again formed a bullish candle and managed to close above the EMA10 (6,237), EMA20 (6,179), and EMA50 (6,250), indicating strengthening momentum remains intact after confirming a breakout from its short-term consolidation phase. The index's movement also remained above the uptrend line, opening the chance to continue strengthening toward the next resistance area. The RSI (14) rose to 61.66, reflecting bullish momentum growing stronger but not yet entering overbought territory, leaving room for further gains. As long as JCI can hold above the EMA50 area (6,250), the chance of strengthening toward resistance at 6,377, 6,500, up to 6,723 remains open. Meanwhile, should a pullback occur, support areas are at 6,250, 6,237, and 6,179, which could potentially become accumulation areas. KIWOOM RESEARCH advises investors to hold positions and consider averaging up on stocks that have confirmed a breakout, while still applying a trailing stop below the 6,250 area to anticipate potential short-term corrections. ADVISE: Hold, average up or set your trailing stop. Stockpick: ACES, ADRO, BUVA, JSMR.