Price action and chart pattern trading setup > Global pattern bullish complex inversed head & shoulders pattern breakout > Local bull flag breakout EMA200 dynamic resistance with strong bullish candle - a possible ABC bullish wave targeting new wave 1 > Support pullback entry level : EMA200 zone > Target 2X bull flag pattern @ 0.786 - 1.272 fibonanci extension...
Price action and chart pattern trading > ABC correction wave 2 is around the corner within the zone 0.5 retracement of wave I. > The current wave C extended 1.213 of wave A > Upcoming Elliott Channel breakout to confirm end of downtrend correction > Long Entry @ Channel breakout near SMA50 zone > Short-term target at SMA200 / Volume Profile Point of Control >...
THAILAND SET: PETROCHEMICAL SECTOR | PTTGC CURRENT PRICE: 64.50 BREAK OUT VOLUME POINT OF CONTROL: 63.00 and previous high Reasonably good buy position for speculative TARGET PRICE 1 @ 67.50 (5.4%) at mini Wave 5 position. Stop Loss: 63.00 (current POC) >Strong Foreign fund flow (NVDR) - hit the highest daily chart at +450 mil baht / day >Strong Banker fund...
They compare between PTTGC and TOP that short or mid-term TOP will more bullish than PTTGC. If you hold PTTGC you should switch to TOP, Doesn't mean TOP will go up but if you hold GC there will have more Loss. So let see what happen in the Future. The reason that GC will underperform is about Spread of Petro Chemical. When Oil go down GC will gain but now Oil is...