PT XL AXIATA TBK
Long
Updated

Breakout Rp2,800, EXCL Starts an Uptrend to Rp3,900

140
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.
Trade closed: stop reached

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