JAKARTA - A technical analysis by PT Ina Sekuritas Indonesia provides insights into the movement of shares of PT Surya Citra Media Tbk (SCMA) on Thursday (13/2).

In addition to showing a bullish trend, the accumulation of shares by PT Elang Mahkota Teknologi Tbk (EMTK), the parent company of SCMA, further strengthens the signal of continued gains for this stock.

SCMA operates in the multimedia services sector, including free-to-air television stations (SCTV, Indosiar, and SCP).

The technical analysis of SCMA shares can be viewed in this video. (DK/ZH)

Chart: Bloomberg