SCMA form Price/Volume & Price/MACD Negative Divergence which mark Accumulation Phase. the confirmation of breaking prior trend is when break up 252 BUY. IDX:SCMA
SCMA sudah mulai keluar dari channel downtrend dan membentuk inverted head & shoulder. buy AREA 290-268 Taret Price 1 : 308 Target Price 2 : 332 stoploss under 248
SCMA on the daily chart had touched the correction target on fibonacci 1.619 area (1740) and it is rebound from there. So its a reversal sign, target price for SCMA is 1970, 2040, 2300, 3180.
It seems that one of the biggest multimedia company's share in Indonesia want to continue their bullish run with it's descending broadening wedge pattern as a signal. Buy on weakness should be your consideration with 1620 as an invalidation value
SCMA membuat pola DBW dan akan melanjutkan rally dalam waktu dekat.