SCMA - PT. Surya Citra Media Tbk

Rp 202

+9 (+5,00%)

JAKARTA - Technical analysis from PT Ina Sekuritas Indonesia provides an overview of the direction of the movement of PT Surya Citra Media Tbk (SCMA) shares, Tuesday (4/3).

The accumulation action carried out by EMTK, SCMA's parent company, as well as the stock price that is currently testing the MA5 line and strengthening stochastically, indicate further strengthening in this stock.

SCMA is engaged in multimedia services, including free-to-air television stations (SCTV, Indosiar, and SCP).

Technical analysis of SCMA stock can be seen in this video.(VA/DK/LM)

Chart: Bloomberg