Catching Bottom Bounce on SET:KEX. Price is extended to the downside, should mean-revert to EMA/VWAP from IPO. Tight SL in case stock moves further down
Breakout for SET:THREL on the weekly timeframe for a long term swing. Stops below 4.72 (Low of the Breakout day).
Good VA action. Tight action over the previous few weeks from an earlier leg up, form a flag and breakout on the daily/weekly.
SET had bounced at EMA50 for twice already, now getting closer to EMA50 again, let's pray it could make another big rebound.
Note: let's say if it could make a green stop candle at EMA50 first to expect for the mentioned above.
The Stock Exchange of Thailand is ready to make a last bounce followed by long period of Depression.
The post covid happiness will create a Fomo in Multiples international Indexes with a fake return of Tourism, Medias and Televisions will speak about we are returning to the normality, but this will be a short term joy stage.
Peoples will need some fresh air,...
AWC have a Really bad time at its fundamental (hotels and tourism) and on its way in Mark down phase.
The idea is to wait for the breakdown for shorting at 3.70 with the small stoploss at 3.82
its first target price is at its old bottom of the cup around 3.20
ACE is long way for the uptrend and now ready to goes down. The stock came to its New Year Resistance and have a very hard time to pass through this wall.
With the Bearish Divergence, Multiple fault Big Volume breakouts and the Weak Momentum in Week graph, the stock could goes down for awhile.
The idea is to just short arond here and stoploss at 3.82 /OR/ ...
SET is still in a very hard sideway and ready for the explosive Up or Down trend.
The idea is to waiting for the breakout of either way and if the retrace isn't getting back to the old sideway range. That's the real good time for the Huge $$$ :)
I am guessing that most traders believe that today will be a red day, after BoT decision over Thai banks, and who knows if other sectors will follow because have many been able to make any profits, for interim dividends and buybacks?
In the graph there I don't see anything saying, up or down, but I see that a big move is too come quite soon.
The day is still...
Financial sector is leading the market at the moment but petrolium within industrials is also showing signs of strength. $BCT stock is in a buy zone:
1) Relative strength curving up on daily and weekly - potential outperformance
2) RSI in buy zone
3) Massive falling wedge approaching its apex, watching breakout today
4) Volume signature shows the presence of...
