knot.narongwit
Long

Beauty : Long position as in mark up phase 02

SET:BEAUTY   BEAUTY COMMUNITY PUBLIC COMPANY LIMITED
Assume selling climax in July 2018 and accumulated for 26 bars. Then it did breakaway gap and marked up(01) for 30% approx. Again, it accumulated for shorter period for 16 bars and later did the breakaway gap which assuming this is in the mark up phase(02). Hopefully, it will reach 30% as a minimum next TP that should not be less that mark up phase(01). Nevertheless, period of 7 bar for the mark up phase should be considered.
My TP is 14.00, 17% from the current price 11.90. Stoploss is at 11.30(-5%).
I will be aware of the volume divergence on the uptrend since mid Aug2018.
Oct 03
Trade closed: stop reached: Stop at 11.00
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