UNTR - CUP WITH HANDLEIDX:UNTR CUP WITH HANDLE
13-12-2024
(+):
1. Low risk entry point on nice drifting handle
2. Price above MA 50 > 150 > 200 over 10 weeks
3. Price is within 25% of 52 weeks high
4. Price is over 30% of 52 weeks low
5. 200 day MA trending up over 1 month
6. RS Rating is over 70 (79)
7. Price break major downtrend, it's mean the stock started on Stage 2 uptrend
(-):
1. The stock is slow mover, it will take a while to reach the target
2. The volume when the stock is breaking out not quite big
Note:
Volume not dries up cause of big capital stock, some of big capital stocks doesn't need to dries up their volume
UNTR trade ideas
UNTR Buy Setup1. Trend Confirmation:
Identified a Flag Pattern Consolidation after a bull, indicating a continuation in bullish market sentiment.
2. Fair Value Gap (FVG):
On the Daily chart, identified Fair Value Gap between 25.400 - 26.125
3. Trade Execution
Entry Price: 26.550 ( Engulfing Candle on 15 Nov 24)
SL: 25.300 (below FVG)
TP1: 31.500 (Previous High)
Risk-Reward Ratio (RRR): 1 : 4
Monitoring: Check-in daily closing price
4. Outcome:
Exit Price:
Profit/Loss: pips
-------------
Disclaimer
The analysis and content provided here are intended solely for personal journal and educational purposes. This information does not constitute financial advice, investment advice, or a recommendation to buy or sell any securities. Trading involves significant risk, and you should only trade with money you can afford to lose. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.
UNTR for Long Position while wait for the dividend?- Closing price as per Sept 15th, 2023 UNTR Rp 28.425 (+3.74%) with a full body candle and prevail above EMA 200. At the same above 61.8% (Rp 27900) Fibonacci level.
- There is still a GAP after Dividend cum date last April 2023.
- Pay attention whether there is a correction on Monday September 18th, 2023, could be a good deal to open position for swing and wait for the dividend + capital gain
DISCLAIMER ON
UNTR: HEAVV EQUIPMENT STOCK, POTENTIAL TO FILL THE GAP?Hello Stock Market Enthusiast! Here's Long-term outlook for UNTR , Support the Channel by smashing the FOLLOW and LIKES Button, then Share your opinion on the Comment Section below :)
*UNTR created a symmetrical triangle pattern on Daily Timeframe
*UNTR has broken out of the Symmetrical Triangle which indicates a potential bullish movement ahead
*MACD indicator already crossed up above the zero level area, that signify the stronger bullish momentum may remains in the future.
The roadmap will be invalid after exceeding the support/target level
*DISCLAIMER:
This isn't a recommendation to buy or sell stock, only an Outlook from technical perspective.
UNTR: INDICATION OF RECOVERY ON HEAVY INDUSTRY SECTOR?Hello Traders, here's your free outlook for UNTR! Don't forget to smash the LIKES, COMMENT, and FOLLOW button to support the channel :D
UNTR is creating the base pattern after breaking out of bearish trendline. Breakout of bearish trendline is indicating the possibility of upward movement to the target or resistance area. The momentum indicator is also pointing up in the neutral area,indicating potential bullish bias to the target area.
The roadmap will be invalid after exceeding the support/target area.
DISCLAIMER:
This is only an outlook, not a recommedation to buy or sell the stock.
UNTR Technical Analysis | Good Pattern to Buy? | APR 2021(Medium / Long) Swing Trading
UNTR still in Sideways Trend with Descending Triangle Pattern
Entry at Support (Purple Area) / Lower Blue Line / Breakout Descending Triangle
Entry 1 (21000 – 21200)
Entry 2 (20000 – 20200)
Taking Profit at Resistance (Pink Area)
TP 1 (22500 – 22900)
TP 2 (23700 – 24000)
Other
- Reanalyze If Closing Under 20000 (19800)
- Follow the IDX Syariah Rules
Please Like & Comment
DISCLAIMER ON
The content is not intended to invite, buy or sell a particular stock. The decision to invest/trade/transactions are fully in the hands of the reader. Naufal Rafiza as a writer NOT responsible for any loss or profit that occurs from reader decisions. Analysis can be wrong and not in accordance with the real market. Educational Material Only.
Bukan bertujuan untuk mengajak, membeli atau menjual suatu saham tertentu. Keputusan investasi/trading/transaksi suatu saham sepenuhnya ada di masing-masing pembaca. Saya sebagai penulis TIDAK bertanggung jawab atas segala kerugian maupun keuntungan yang terjadi dari keputusan pembaca, siapapun dan apapun. Analisa ini bisa salah dan tidak sesuai realita market. Educational Material Only.
Trading ideas - UNTR may develop H&S chart patternCovid-19 effect still long way to go for real sector, mining business, where UNTR is one of the kind company. The requirement for heavy equipment may increase along the way with vaccination progress, however the coal price also impacting the appetite or coal demand in the near future. Taken into consideration also the renewable energy development which more environment friendly.
SO on the short to medium term, this business model still growing, however the company have to diverse their business model to turn around. (Disclaimer ON)