JAKARTA - Technical analysis from PT Ina Sekuritas Indonesia provides an overview of the direction of the movement of PT Timah Tbk (TINS) shares on Thursday (10/4).

Technically, TINS shares managed to rebound from the lower line on the bearish trend line.

Stochastic indicator monitoring and significant performance in 2024 provide limited rebound potential towards the resistance area at IDR 955 to IDR 1,000 per share.

However, if the price moves against expectations, cut loss at support of IDR880 to IDR885 per share.

TINS is a tin mining company and is also engaged in industry, trade, transportation, and services.

Technical analysis of TINS shares can be seen in this video. (DK/VA/LM)

Chart: Bloomberg