muhafish

EXCL Bearish Trendline

IDX:EXCL   PT XL AXIATA TBK
After sideways trendline of EXCL as I predicted before (hanging on Fibo 23.6), it broke out the support with Three Black Soldiers and the continuation of bearish signal is happened. Also confirmed with Stochastic RSI.

There isn't any reversal signal, so if it can rebound on Fibo 50, we will see again whether EXCL can break resistance on 2590 or not. Any thoughts?

Summary:
Not a buying signal right now
TP1 2700
TP2 2820
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