Oversold
Buy saat closing 20 Januari 2020 bullish dengan volume buy yang besar, 3810-3850
Hold bila confirm break Resistance di 4180, TP bila tidak.
CL<3790
DIsclaimer ON
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.
Hello Guys,
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...
i'm measuring TLKM support with some fibonacci measurement. fibonacci fan, projection and retracement. Measurement result for cluster support at price area 3750, 3680
I draw somer of trendline based on peak and trough. To find some support resistance. The closest TLKM resistance is at 3925 and closest support at 3683.
