Today i'm analyzing the chart of $TLKM from indonesian stocks market. as you can see, here we trying again to break the 1st resistence again which now making a neckline from head & shoulder pattern. if the price can pull up in regression & hold on
above neckline,no doubt it will swing up to 2nd & 3rd resistances. the 200-EMA also was below the candle...
TLKM has been forming Bullish Reversal since mid Mar'18.
The form is most likely to be Inverse Head and Shoulders and its price objective is Rp4,600.
TLKM need to have a valid Breakout at Rp3,900 and currently, is in the process to do so.