Jakarta Composite Index JCI closed down 1.48% at the 6,405.69 level on Wednesday's trading (08/26), with foreign investors recording a net sell of Rp201.10 billion in the Regular Market. Technically, JCI again formed a bearish candle, failing to hold its strength above the 6,500 area. The index closed below the EMA10 (6,416), but still held above the EMA20 (6,355) and EMA50 (6,315). This condition indicates short-term selling pressure is starting to increase, although the medium-term trend structure remains relatively intact as long as JCI can hold above that dynamic support area. The RSI (14) stood at 55.11 and remained above the neutral level of 50, indicating bullish momentum has not fully disappeared, though it is starting to weaken. Should JCI fail to hold above the 6,375 – 6,355 area, selling pressure could potentially continue toward 6,315 as the next support, with further support at 6,186, a gap area. Conversely, should a rebound occur, JCI needs to break back through the EMA10 at 6,416 before testing resistance at 6,421, then the 6,500 – 6,532 area. KIWOOM RESEARCH advises a wait & see approach while monitoring JCI's ability to hold above 6,375 – 6,355. Buy accumulation can be done gradually should the index show rebound confirmation again and manage to break through the 6,416 – 6,421 area, while a trailing stop needs to be applied should JCI break below the 6,355 support. ADVISE: Wait & see; Accumulation buy gradually or set your trailing stop. Stockpick: HRUM, INKP, MAPA, RMKE.