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Breakout Rp2,800, EXCL Starts an Uptrend to Rp3,900
PT XL AXIATA TBK
Long
Breakout Rp2,800, EXCL Starts an Uptrend to Rp3,900
By mmdcharts
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Updated
May 15, 2019
2
Jul 12, 2018
EXCL has been forming Head and Shoulders (H&S) since early Feb'18 as Bullish Reversal pattern to reverse Downtrend to Uptrend.
Soon EXCL will rise above Rp2,800 which means a Breakout Resistance that validate H&S.
The stated H&S gives EXCL a target to Rp3,900.
May 15, 2019
Trade closed: stop reached
Trend Analysis
mmdcharts
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