S50 stopped at an interesting place this Friday, at a secondary falling resistance and support, I just love when the price knows the technical game book. Since the pennant pattern was broken, the volume speaks for an absence of interest and the probability for a false breakout is higher. Even so, will S50’s lack of interest still takes it a bit higher, to start...
BANPU long position. Stock currently above VWAP from March slow and swing high earlier this year. Wyckoff bottom position. High potential for stock to run past current take profit due to heavy volume consolidation at the bottom. Stock currently above flat 200 day moving average and inclining 50 and 5 day EMA.
Is this a Wykcoff - Not sure, but whatever it is, TKN has a an outstanding tradable shares of 532M Shares......My hypothesis is someone accumulating a massive position here.
KBANK -VolumeinConsolidation -+/- 1,960 M Shares
Delusional Wykcoss. 3,189,000,000 M Shares tradable.
KTC - bullish Outlook. Volume Colsolidation via VA
Support 1 : 55.5 Support 2 : 52.5 Support 3 : 49.5 If it strong trend M must going down than support 1. If M going down than support 3 it's just doing to down trend Goodluck :D
Support 1 : 55.5 Support 2 : 52.5 Support 3 : 49.5 If it strong trend M must going down than support 1. If M going down than support 3 it's just doing to down trend
MBAX is in the very strong uptrend for 7 months now. Despite the bad market mood this week, it still make it to the new 52 weeks high. If there’s no sharp sell off, there’s a chance that the strong gain is possible.
- Daily Timeframe is downtrend - H4 Timeframe is sideway; try to form higher high - H1 Timeframe is sideway; try to from higher high. If price don't close below 787, trend reversal in H1 - 15 minute is sideway in uptrend. Trading channel is 800 - 809. If price isn't below 795, It's still stay in uptrend.
Daily Chart - Trading channel is 787-777 - Green doji was shown on price chart means sideway on yesterday. - There is a chance to reach 787. - Downtrend on daily chart H1 Chart - Cluster of candle stick was stuck under supply zone. - This is a zone for collecting short position. - Downtrend on Hourly chart. * Bias Short
Dear investors, this is a question I have had for a long time. Will the Covid Panic Island powers be too strong and force the price index lower or have the market collected strength from half a year of knowledge? Sorry to say to all SET investors, I don’t think it has and am more bearish now for than I was in the middle of March. We’ll see if 1200 will be...
Daily chart - Trading channel is 777.4 - 800.0 - A candle stick similar to hammer was shown on price chart at support area yesterday mean short term rebound. - Downtrend in daily chart Hourly chart - Trading channel is 774.4 -787.5 - If price across 787.5, high chance to reach 793. * Bias Short (belong to daily chart show downtrend. * Rebound and Short strategy today.
For daily chart - Trading channel is 777.6 - 801.5 - Bullish reversal candle stick pattern (morning star) was formed on daily chart, but it must be confirmed by today. - Now, It's downtrend. For 60 min chart - Close price is 796.0 - High chance to reach 800 then throwback - If price throwback isn't less than 788, that's mean price reversal on 60 min...
Trading channel is 777 -790 - Candle sticks are at resistance zone. - Bias short - Wait and see strategy today
Buy when retrace Fiboncci 50-38.2% Stop loss at previouse low.
- Trading channel is 777 -790 - Doji show on daily chart yesterday - High chance on technical rebound today - Bias short - Wait and see strategy today