TLKM On the Rise? Probably NotTELKOM INDONESIA(PERSERO) TBKIDX_DLY:TLKMSINAUSAHAMI was tempted to buy into TLKM again last month, because it rose so fast and sounds awesome. So, I looked at the books and... did nothing. TLKM buyback plans between 28 Mei 2025 - 27 Mei 2026 may provide supports, but nothing on its book tells me to buy it now. The company's first quarter performance was disappointing with reduced revenue and profits, probably due to increased competition in the industry. And I don't think they will launch new breakthrough projects anytime soon. In my most optimistic eyes, TLKM will probably rise up to 3250 and that's that. But I strongly suspect it may fail to rise far beyond 3000-ish where it currently is. After all, it has touched the upper band of its multi-year downtrend channel.