TINS trade ideas
TINS - (VCP 61W 110/14 4T)IDX:TINS (VCP)
23-09-2024
(+):
1. Low risk entry point, cheat buy on pivot point
2. Volume dries up
3. Confirmed Stage 2
4. Price above MA 50 > 150 > 200 over 10 weeks
5. Price is within 25% of 52 weeks high
6. Price is over 30% of 52 weeks low
7. 200 day MA trending up over 1 month
8. RS Rating is over 70 (91)
(-):
1. The breakout on pivot point is not big enough
TINS breakout falling wedge patternPT 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 candle and strong volume as well.
#RiskDisclaimer
IDX: TINS FOR NEXT WEEK 29-3 DES 2021WEAK 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 responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
TINS has hidden bearish divergence,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)
IDX: TINS FOR NEXT WEEKSTRONG 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 responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
IDX: TINS FOR NEXT WEEKMEDIUM 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 responsible for any trades, and individuals are solely responsible for any live trades placed in their own personal accounts.
1 Hr DIV to DIV FIB for TINSChcek out ANTM too,
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!!!