dukeposh

TTA | Re-entry Point Breakout Falling Wedge 3 Drive Pattern

Long
SET:TTA   THORESEN THAI AGENCIES PUBLIC COMPANY
TTA | Thailand SET Index | Transportation Sector

Target Price 16.00 at Volume Profile POC | Aggressive Stop loss at Falling Wedge downtrend line or conservative SL 11.0.
Risk ratio: 3.5

After a sharp declining trend crossing below EMA200 - completing Elliot Wave 2 Grand Supercycle, a possible bullish chart 3 DRIVE PATTERN
> Buy position | Re-entry point at Falling Wedge Breakout
> Crossing up EMA10 / EMA200 - signal for uptrend
> Previously strong Smart Money and Banker Chip signal
> Triple bottom of 3 Drive Pattern - a reversal pattern

> Q321E expected outstanding financial performance

https://www.kaohoon.com/column/487421

Comment: Partnership with Japan Real Estate KRD and TCC launching new luxury condo in Bangkok Financial District - Sathorn Road