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TLKM: Inverted Head & Shoulders, Trend Reversal Scenario?

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IDX:TLKM   TELKOM INDONESIA(PERSERO) TBK
Hello Fellow Global Stock Trader, Here's a Technical outlook for TLKM!

Price Action Analysis
On the Daily Timeframe, TLKM is moving above EMA200. Then, the stock created a breakout of the inverted head & shoulder, indicating a trend reversal. The MACD Indicator created a hidden bullish divergence, signifying a possible upside movement to the target area.

All other explanations are presented on the chart.

The roadmap will be invalid after reaching the target/support area.

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"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the TLKM"
Komen:
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
Komen:
Reached Target 1, Will reach the second target soon?
Dagangan ditutup: sasaran tercapai:
Done Target 2, See ya in the next roadmap!

Idea Berkaitan

Penafian

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