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.
At the start of this week, the mixed cryptocurrency marketplace cap broke $3 trillion for the primary time. The marketplace has fluctuated heavily this year, formerly topping out at $2.Sixty two trillion at some stage in the peak of the bull run in May, earlier than crashing right down to as little as $1.24 trillion in mid-July.
CoinGecko’s records tracks 10,418...
Once the country starts opening up, expanding operations more you'll see a flow of interest enter the market.
You know me, know my trading style I BUY LOW SELL HIGH!
Expecting this one to rally soon enough.
Thailand is the Tourist go to destination!
Thai Airways International - Since 1961
SCB is relatively stronger than SET with very low retracement level, it could has continue with another bull wave
the plan is to buy when the price Break at the Yellow line (126.50) and stop loss at the Red line (124.50)
its first target price is at the Blue line (138.50) sell 1/2 of the amount, the rest keep riding with...
"A company without any debts cannot go bankrupt." At the worst point for the retail/personal care products, the management team has managed to turn a profit in the first half of 2021, mainly targeting The Philippines. VWAP lies at about 32THB. There is room for growth yet with DDD with multiple brands and markets, especially with the pent up demand from China....
BH | Thailand SET Index | Health Care Sector | Price Action Analysis
First Target Reached with triple top chart pattern - Take Profit recommendation - Sell 50% or all out
> Currently forming downtrend wedge pattern structure.
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...
AS | Thailand SET | Media Sector | On-line Gaming
A Breakout Inverse / Reverse H&S Testing Support Neckline - possible go up with new TP 22.5 setup if support failed might drop to EMA100 or EMA200 to complete Elliot Wave correction phase A-B-C position.
> Aggressive Stop Loss 14.0 @EMA50
> Conservative SL 15.0 @Banker Chip / Smart Money Support
RCL | Thailand SET Index | Transportation Sector | Possible Wave 2 of Grand Supercycle - TP 107.50 Stop Loss Conservatively 40.00 (EMA200)
First Buy: 44.00
Second Buy: golden cross EMA10
Third Buy: cross up EMA20 or breakout downtrend channel of trade
> Truly aggressive Banker Share Volume turned green and Smart.
> BBD signal about to cross up...
BANPU recent crossover EMA10 due to sudden decline of coal price and China restarting domestic coal production. China" orders "coal mines" to increase production capacity to almost 100 million tons to solve the energy crisis. China orders more than 70 coal mines
> Target Price 1 @ 15.7 based on Elliott wave extension projection.
> Stop Loss EMA50 @ 12.3
TU dropped below EMA50 after previous Head & Shoulders pattern making its way to reset current uptrend wave.
If dropped below 20.5 and possibly going into corrective wave C position at EMA200.
Stop Loss 20.5
Thailand SET: JWD
> Rebounded Inverted Head&Shoulder
> Today's Big Lot 1M
> Smart Money Banker's Chip
> Top management purchased over 1mil shares
> Bottom identified
> Q321E +QOQ +40%YOY from export
> New business development with ALPHA Industrial Solution with Origin Property
- CYCLE ABC pattern where the CYCLE WAVE B seems to be a strong b + c-failure pattern. This shows us that we can expect an aggressive thrust of the CYCLE WAVE C pattern with strong resistant at the given level on the chart.
- INTERMEDIATE WAVE (B) of CYCLE WAVE B seems to be a non-standard correction with a hidden wave (X).
- We can easily spotted a Zigzag correction on the chart - Intermediate (A)(B)(C)
- Intermediate (C) seems to be a 5th wave failure pattern, where price should retrace back to at least 100% of the whole wave (@51)
- TP no.2 is set at @71 - 61% retracement of the Intermediate Zigzag pattern.
- There is a possibility that we can see a new high in this bull run, but...
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...