Currently P/BV sits at 0.68 which is lowest in it's sector. Transformers are expected to make a comeback in the next few quarters as the effects of the pandemic dies down. Hold as strong balance sheet is expected with reduced long term debts, backlogs and lower variable costs. Another good possibility is the weakening of THB that will positively affect profits due...
Looking great technically, holding at 34.75 expected target price at about 42 according to Fibo.
Spotted a non-standard correction in the monthly time frame. This pattern has a min. tp of 61.8% of the last abc. Ps. This is a TP in a large time frame, suggesting this level could take a bit of time to reach (months to years).
as Thai government expected to announce to end of covid-19 pandemic and hope that the tourist around the world will visit Thailand after post-pandemic. unfortunately, it is probably not going as planned when Russia invaded Ukraine which triggerred sanction from many countries around the world. the war throw the oil price to the moon, as well as other comodities...
CRC is the Thailand's leading Department Store and Retailing - if anyone ever visited Thailand will realized that the weather here is D*MNLY HOT - that's why everyone love going to Malls not to buying stuff but mostly enjoying varieties of life style service that Thai's Malls provided. Fundamental Analysis = As I told u earlier, Malls are like the heart of Thais...
Share has been falling because it was over-hyped and over-valued. I am expecting more of a pullback and a retest critical support zones between (90-87 baht) (87 -80 baht). We should see a bounce at these levels, bouncing off an existing trend line . However, if that doesn't hold then we could see another meaningful correction to lower levels to bring the...
- Im expecting price to continue downward to complete the red wave-C. - Strong support point are on the chart (blue line)
- Price is most likely an ABC correction, with the red wave C being an impulse and consisting of 5 segments - 12345. - Support levels are shown on the chart. - To confirm the end of this correction - 1. price breaks the green trendline 2. price breaks the white trendline.
Chart looks good. you can see the volume coming in. Highest volume bar since IPO week. Stock has broken out above previous resistance. SL below VS shelf + previous resistance.
Lets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high. Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
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.
- I expect price to retrace down for the red wave c. - main support line are on the chart.
- Expecting price to reverse and go up for the white wave (c) of the red wave B.
- I counted a completed ABC correction as the red wave b. - I do expect price to continue to the upside for the red wave c. - First resistant is around 75.
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.
The Thai Baht has been cautiously gaining ground against the US Dollar since December despite recent volatility in stock markets. In fact, USD/THB recently broke under a key rising trendline from early 2021, confirming the breakout. Key support below appears to be the 200-day Simple Moving Average. Tourism is a key component of Thailand's economy, which has been...
TGPRO buy on technical (MACD crossover weekly) Book Value is only at 0.44. With rumors of the company going into the cannabis business, investors will be interested to support the long term business. CMPR% as of today is over 1700%. Buy. First Target 0.72.
Long SCC, strong support, accelerated upside with MA 50 crossing MA 200. Resistance at 405, after that it's takeoff.