Jakarta Composite Index JCI closed up 0.37% at the 6,525.69 level. Throughout Friday's (08/21) trading, JCI moved in a range of 6,507.43 – 6,551.96. Foreign investors booked a net buy of Rp992.64 billion in the Regular Market. Technically, JCI stood above the EMA10 (6,408.23), EMA20 (6,334.09), and EMA50 (6,303.83). This condition indicates the bullish trend remains intact and short-term momentum tends to be positive. The RSI (14) stood at 63.48, still below the overbought area of 70, so bullish momentum remains fairly strong and room for further gains remains open. If JCI can hold above the 6,462 – 6,408 area, the strengthening could potentially continue toward 6,602 (minor FR 161.80%), with further resistance around 6,723 (gap area). Conversely, should a correction occur and JCI fail to hold 6,462, the index could potentially test 6,408 (EMA10), then 6,394 (EMA20) as the next support. KIWOOM RESEARCH advises buy accumulation can be done gradually during healthy corrections around the EMA10, while a trailing stop can be applied should JCI start losing the 6,462 level as an important support. ADVISE: Accumulation buy gradually or set your trailing stop. Stockpick: AMMN, BBCA, BRMS, DSSA.