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knot.narongwit
Sep 24, 2018 8:05 AM

Beauty : Long position as in mark up phase 02 Long

BEAUTY COMMUNITY PUBLIC CO LTDSET

Description

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.

Trade closed: stop reached

Stop at 11.00
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