Jakarta Composite Index JCI closed up 0.11% at the 6,525.48 level on Monday's trading (08/31), also posting a gain of 4.64% throughout August. During trading, JCI moved in a range of 6,476.18 – 6,528.10. Despite the index's gain, foreign investors still recorded a net sell of Rp710.56 billion in the Regular Market. Technically, JCI managed a slight rebound and remained above the EMA10 (6,467), EMA20, and EMA50, and still moved above the uptrend line. The RSI (14) rose again to the 60.7 level, still above the neutral area of 50 and indicating bullish momentum still has room to continue. As long as JCI can hold above the EMA10 in the 6,467 area, the chance of strengthening remains open to retest the 6,566 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 6,467 support, the index could correct toward 6,398 – 6,377 as its strong support. KIWOOM RESEARCH advises a strategy worth considering is to hold or selectively buy on weakness as long as JCI can hold above the support area, while investors need to increase caution should the index break through support, as this could open the chance for a deeper correction. ADVISE: Hold or selectively buy on weakness. Stockpick: ADMR, CUAN, HRUM, INET.