PT. Telekomunkasi Indonesia,Tbk Trying To Break The Neckline
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 now (greenline) which
making a reversal trend from bearish to bullish moment.
but be carefull if the candle breaching the regression,stoploss is also your best move :)
tab like button if you like it :)
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 now (greenline) which
making a reversal trend from bearish to bullish moment.
but be carefull if the candle breaching the regression,stoploss is also your best move :)
tab like button if you like it :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.