TradingView
financialfreedomgoals101
Mar 13, 2023 3:51 PM

TLKM: Inverted Head & Shoulders, Trend Reversal Scenario? Long

TELKOM INDONESIA(PERSERO) TBKIDX

Description

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"

Comment

Support the channel by smashing the rocket button and sharing your opinions in the comment below!

Comment

Reached Target 1, Will reach the second target soon?

Trade closed: target reached

Done Target 2, See ya in the next roadmap!
Comments
financialfreedomgoals101
thank you!
Artem_Dishel
nice work
More