TLK Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Telkom Indonesia (TLK) is not a strong buy at the moment for a beginner investor with a long-term strategy. The stock lacks clear positive momentum, and there are no significant catalysts or trading signals to suggest immediate upside potential. Holding off for now may be a better approach.
The MACD is below 0 and negatively contracting, indicating bearish momentum. RSI is neutral at 56.56, and moving averages are converging, showing no clear trend. The stock is trading near its pivot level of 20.581, with resistance at 21.227 and support at 19.936.
BofA upgraded the stock to Buy with a higher price target, citing potential capital unlock from infrastructure spinoff and streamlining.
The stock is down 1.51% in regular market trading and 1.98% in pre-market trading. No significant hedge fund or insider trading trends, and no recent news to drive sentiment.
In Q1 2025, revenue, net income, EPS, and gross margin all showed no growth YoY, remaining flat. Financial performance does not indicate strong growth trends.
BofA upgraded the stock to Buy from Neutral with a price target increase to IDR 4,000 from IDR 3,400. However, the market has not fully appreciated the potential benefits of the company's restructuring efforts.
