PT Indika Energy Tbk
Long

INDY: Inverted Head & Shoulders

181
During its super cycle, INDY forming an Inverted Head & Shoulders pattern with expected target price around 8900 on Q4'25.
Currently it forms low (L) - higher low (HL) - higher low (HL), the upcoming HL supposed to be around level 1375 to 1535, somewhere in Q3'23.

Do you agree to put INDY into a long-term investment basket?
Think positive!

-AJ-

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