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dukeposh
Aug 4, 2021 4:47 PM

THAILAND SET: SABUY LONG POSITION - PRE-BUY SUPERTREND SIGNAL Long

SABUY TECHNOLOGY PCLSET

Description

PRE-BUY SUPERTREND SIGNAL at Elliott Wave 4 AT 8.95 - CUTLOSS 7.90

Overall SET down due to COVID outbreak of Delta variance and lockdown 3.0 in 28 provinces

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Take profit Position - Target Price 1 - reached 12.0 after breaking out resistance 1.618 (10.65) and sustained above the level while overall THAILAND SET index declined lower than 1600 on Oct 1st.
> Current price broke lower EMA20 - take profit position.
> Overall BANKER FUND FLOW decreasing.
> RSI near oversold position.
> Possible 2nd TARGET BUY POSITION - 10.7 when fund flow turn positive and double bottom in timeframe 1 HOUR.
> NEW TP2 AT WAVE 5 - 14.5 - 15.0
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