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
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.