Jakarta Composite Index JCI closed up 1.81% at the 6,521.75 level on Thursday's trading (08/27), after moving in a range of 6,376.65 – 6,521.75. Despite the index's significant gain, foreign investors still booked a net sell of Rp113.45 billion in the Regular Market. Technically, JCI managed to rebound after its correction touched the dynamic and trendline support. JCI remained above the EMA10 (6,439), EMA20 (6,371), and EMA50 (6,323), and still moved above the uptrend line. The RSI (14) moved back up to the 60.60 level, indicating bullish momentum remains fairly strong and has not yet entered overbought territory. As long as JCI can hold above the EMA10 in the 6,439 area, the chance of strengthening remains open to retest the 6,551 resistance, before continuing to rise toward 6,635 and 6,733 (closing the gap area). Conversely, should selling pressure increase again and JCI break through the 6,439 support, the index could correct toward 6,371 – 6,323 as the dynamic support area. KIWOOM RESEARCH advises a strategy worth considering is to hold or selectively buy on weakness as long as JCI can hold above the 6,439 – 6,371 area, while investors need to increase caution should the index break through 6,323, as this could open the chance for a deeper correction. ADVISE: Hold or buy on weakness. Stockpick: DEWA, INCO, TLKM, TOBA.