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Thursday, November 26, 2009

Stock Analysis TINS (tin)



Shares TINS (tin), if we look at the picture above graph TINS 2 times a double top. In mid-May is the peak-to-1 and then formed again into the 2nd peak in mid-August this was the first double top and a moment later corrected the price rose again slightly in early October peak

to 1 minor form and a few days later formed another minor peak to lower prices and 2 could penetrate the support in 2100 which then support becomes new resistance if we look at the graph above prices already twice failed to penetrate the new resistance, there is a possibility prices will go back weakened and the target price will go to 1700 served until 1690 as shown in the image above.

Volume is very ideal for this stock (rise and fall)

Disclaimer regarding all acts with good decision in terms of selling and buying the sole responsibility of each individual, this analysis is learning and not merely for the recommendation to sell or buy the stock.

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