TLKM: Inverted Head & Shoulders, Trend Reversal Scenario?
Diupdate
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.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the 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.
Support the channel by smashing the rocket button and sharing your opinions in the comment below!
"Disclaimer: The outlook is only for educational purposes, not a recommendation to put a long or short position on the TLKM"
Catatan
Support the channel by smashing the rocket button and sharing your opinions in the comment below!Catatan
Reached Target 1, Will reach the second target soon?Trading ditutup: target tercapai
Done Target 2, See ya in the next roadmap!
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