HRUM still in the uptrend (mothly timeframe). We still wait for the momentum to break falling wedge pattern. The TP is 6000, if HRUM can make the fifth wave of elliot wave
Hello Fellow Stock Traders, Here's a Technical Analysis of HRUM!
HRUM has successfully surged beyond the confines of its previous bearish trendline, a development that augurs a compelling potential for a trend reversal on the horizon. This optimistic momentum is further underscored by the notable ascent above the EMA200 line, a key technical indicator. Notably,...
Based on YTD Price Pattern of HRUM, i'm just thinking this Support Area is interesting.
Now we could look into its Candle Pattern, which is showing Triple Bottom Signal....
Please correct me. I'm just an novice trader :)
MEDIUM RESISTANCE AT 8000
STRONG SUPPORT AT 7425
I PREFER YELLOW TRADING PLAN
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
One of the biggest energy company listed on JKSE seems rally since their accumulation breakout for not so later. Buy on weakness should be your consideration as 9400 would be a sweetspot target of the invesment. You can stop your position if the price goes down to 6300 and close below it to seek a new entry on the lower demand area
STRONG RESISTANCE AT 8475
MEDIUM SUPPORT AT 8000
I PREFEER YELLOW TRADING PLAN
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am...
Strong support at 7425
strong resistance at 8000
i prefer yellow trading plan
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not...
NB: DO MIND that These analyses I posted here are intended as my notes and not as investment recommendations or as financial advice! Please also note that you are always responsible for your own investments when trading on the stock exchange! The analyses are only based on my opinion and view. LETS CUANN!!!
As we can see from the chart HRUM has a good chart and a strong fundamental as the company recorded 218,92% increase on Net Income for year 2020 (yoy).
Recently, HRUM has acquired 24,53% ownership of Nickle smelter company, PT Infei Metal Industry, through its subsidiary, PT Tanito Harum Nickel. In its announcement, CEO OF Harum Energy, Ray Antonio Gunara said,...
check my previous upload.
its already reach 6200.
6325 is a critical point, when it pass. you should buy and it will be fly to 6625
if not it will down to 5950 as it's strong support
have a nice trading
Disclaimer:
This information is for educational purposes and is not an investment recommendation or representative of professional expertise. This analysis...
Disclaimer:
This information is for educational purposes and is not an investment recommendation nor to be representative of professional expertise. This analysis used herein is for illustration purposes only. This personal opinion should not be considered specific investment advice. I am not responsible for any trades, and individuals are solely responsible for...
