HINOON LONG TRADE 11-06-2025 (1H TF)HINOON long trade
- *Reaccumulation Phase:* HINOON has been trading in a range since 2024, between 798 and 990. After posting a spring below this consolidation zone, the stock quickly rebounded and continued in an absorption area for a month.
- *Current Setup:* Today, the stock created an IFDZ at the 1-hour timeframe, indicating short-term upward movement. Volume distribution also supports this upward momentum.
🚨 TECHNICAL BUY CALL – HINOON🚨
- Buy levels:
- Buy 1: Current level (934)
- Buy 2: 920
- Targets:
- TP1: 950
- TP2: 968
- TP3: 982
- Stop Loss: Below 900
- Risk Reward Ratio: 3.9
Caution: Please buy in 3 parts in buying range. Close at least 50% position size at TP1 and then trail SL to avoid losing incurred profits in case of unforeseen market conditions.
PLEASE BOOST AND SHARE THE IDEA IF YOU FIND IT HELPFUL.
