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dukeposh

BANPU | Crossover EMA10 | Possible Re-entry@EMA20 | TP 15.7 +21%

Long
BANPU PUBLIC COMPANY LIMITED (SET:BANPU)  
dukeposh  
SET:BANPU   BANPU PUBLIC COMPANY LIMITED
Trend Analysis Technical Indicators Wave Analysis BANPU setindex thailand Fibonacci Extension fibonaccianalysis buyzone elliottwaveprojection supertrend
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trendanalysis indicator waveanalysis banpu setindex thailand fibonacciextension fibonaccianalysis buyzone elliottwaveprojection supertrend
BANPU recent crossover EMA10 due to sudden decline of coal price and China restarting domestic coal production. China" orders "coal mines" to increase production capacity to almost 100 million tons to solve the energy crisis. China orders more than 70 coal mines
> Target Price 1 @ 15.7 based on Elliott wave extension projection.
> Stop Loss EMA50 @ 12.3
> Possible buy zone @ EMA10, EMA20 | 13.5, 12.9 - Buy position @ banker chip fund flow turned positive on day timeframe.
> New Castle Coal Price all time high this week at 270 and declined slightly to 238 still on the rise.
> BANPU.W4, BANPU.W5 trading this week making the stock more attractive.


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