dukeposh

SCGP | Inverted Head & Shoulders | Buy signal - TP 68.50 (+11%)

Long
dukeposh Updated   
SET:SCGP   SCG PACKAGING PCL
Thailand SET | SCGP | Target Price 68.50 | Resistance 64.00 EMA50 POC VA | Stop Loss 59.00
> Inverted Head & Shoulders showing Buy Signal after recent Smart Money and Banker Chips strong signals
> Main Elliott Wave Position 4 with positive banker chip signal
Trade active:
> No H&S as predicted and the breakout uptrend pattern is cancelled on daily TF as the price dropped below 60.50.
> Still strong banker chip signal - big lot 1.5 mil volume @ 60.25 baht today showing sign of accumulation phase.
> If the price stay above EMA100 and BBD signal cross above 0 - follow buy lot 2.
Comment:
Update Chart Inv H&S B Position Target - 66.50

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