Double TOP at IDX: TLKM - Daily Chart
Disclaimer On.
This is a personal opinion, your trading results are not my responsibility.
After breaking through the previous resistance (3400 - 5 Aug '21), it is seen that the TLKM price movement stalled at the 3440 level and formed a double top pattern. This condition is also reinforced by the presence of bearish divergence on the Stochastic indicator.
If this pattern is valid, there will be a decline at least to the 3060-3030 level.
Trade With Your Own Risk.
#JCI #IDX #TLKM
This is a personal opinion, your trading results are not my responsibility.
After breaking through the previous resistance (3400 - 5 Aug '21), it is seen that the TLKM price movement stalled at the 3440 level and formed a double top pattern. This condition is also reinforced by the presence of bearish divergence on the Stochastic indicator.
If this pattern is valid, there will be a decline at least to the 3060-3030 level.
Trade With Your Own Risk.
#JCI #IDX #TLKM