PT Timah TBK (TINS) is currently in a breakout condition from the chart pattern, namely the falling wedge. This chart pattern is a correction/retest condition of a trendline resistance line that was formed from 2008 so that it becomes a very strong area or line to reflect the price. On February 25, I observed on the weekly chart, the price broke with a strong...
WEAK SUPPORT AT 1565
WEAK RESISTANCE AT 1620
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...
Correction is normal for tins, because there is a hidden bearish divergence, wait one or two more candles, very interesting TINS.
Where the movement is at its 23% fib retracement.
Technical Advice
- Entry 1650 (as retracement strategy)
Stop Lost
-1385 (Create new bullish divergence)
STRONG RESISTANCE AT 1690
WEAK SUPPORT AT 1560
I PREFER GREEN 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...
MEDIUM SUPPORT AT 1370
STRONG RESISTANCE AT 1690
I PREFER RED 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...
As we see that we've got several bullish confirmation that would drag up this market to it's price target @2040. Buy on weakness should be your consideration or just try to seek an inside bar to entry. Invalidation start if only the price goes down and close below 1380
