ELANG MAHKOTA TEKNOLOGI TBK
Long
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EMTK on watchlist

159
EMTK's chart is interesting. There are good supports to watch and place a bid.
EMTK's report shows a significant increase in revenue and net income during 2020.

On April 2021, Singapore-based ride-hailing and e-commerce company, Grab Holdings, bought a stake of around 4% in EMTK for over four trillion rupiah ($274 million), according to a filing by Emtek to the Indonesia Stock Exchange.


Note
EMTK had reached our target price and now is trying to build its strong base. We need to have a trailing stop (TS) and we analyze that 2200 could be its TS point.

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