Reason to enter sell
1. price demand zone (redline)
2. confluen snr (greenzone)
3. massive bearish candle (weekly). if close candle like this when this analysis created
TOWR stock moving in a downtrend for the medium term. Now the price has reached the trendline support area and the previous classic support area around 1000 to 1050. On the weekly timeframe, it can be seen that there are many candles showing 5 times rejection in the support area. So this can be a reference that prices will rise even higher.
#Disclaimer: Not a...
IDX:TOWR Konfirmasi dari MACD, Parabolic SAR, dan Volume naik dari hari ini.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
Validated if price move above FIB 23
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!!!
DISCLAIMER ON
This analysis is not financial advice. Please note that you are responsible for your own investments. This chart only represents my opinion and view about the stock market in general and may be used only for educational purposes.
As we can see here, the daily chart made a perfect cup pattern from 1 Mar to 3 Jun 2021.
Currently price are moving upwards to make a handle.
1270 is the current resistance.
(Getting Ready) Tweezer bottom, FIB 61, And Supertrend as support.
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.
