Today, we explore the buying opportunity base on trendline support, weekly 20 EMA support, Fibonacci retracement and area of support base on price action.

Technical Analysis:

1) Uptrend
- As refer to the chart above, the uptrend is still intact. Previously, it broke the consolidation area at 2.18.
- 30 EMA above 50 EMA / 50 EMA above 100 EMA / 100 EMA above 200 EMA
2) First fractional buying opportunity:
- Trendline support
- Weekly 20 EMA support
3) Second fractional buying opportunity:
- Buy on Fibonacci retracement level at 0.618 area.
- Couple with area of support around 1.9

Fundamental Analysis:

Semiconductor manufacturing is a key source of demand for tin, and therefore once the electronic device demand began to wane, as did the demand for tin.

Mid term and Long term investment trading.

Trend AnalysisWave Analysis

Pernyataan Penyangkalan