$MDKA bullish cup and handle pattern forming, target 2700

Wait 5 sec.

$MDKA bullish cup and handle pattern forming, target 2700PT Merdeka Copper Gold TbkIDX:MDKAbialoglowyPT Merdeka Copper Gold Tbk (MDKA) is an Indonesian holding company headquartered in Jakarta, specialising in the exploration, extraction, and production of gold, silver, copper, and other essential minerals. A classic bullish cup and handle continuation pattern is forming on MDKA, signalling potential upside after consolidation. A close above 2,700 IDR (right rim/resistance) on higher volume would validate. Reversal from downtrend; adds confluence to cup. - RSI: neutral-to-bullish without overbought extremes. - MACD showing positive histogram divergence. - Volume spikes on the breakout candle, indicating buyer conviction. The chart's structure is predominantly bullish, with no clear bearish patterns. Long position with target 2700.