We can see that GPSC is correlated with US10Y.
US10Y is at a peak level of 5.00% , And with a possible of retracement to 50% Equilibrium of the highest and the lowest of US10Y which is at 2.680% (as of1 Aug 22)
With this information we can target GPSC at the same level of 1 Aug 22 which is 71 Baht.
Entry around this level will possibly gain around...
It looks to me as if RCL is a corrective move to the downside.
RCL is interesting as price action brings the actively traded value of the stock down to 37 Baht, some 30 Baht away from it's all-time high. Despite convincingly bearish PA since August of 21' RCL has posted great profits, with higher revenue and somehow, a higher profit margin every quarter.
If they still last candle like this may it happen but we have waiting for confirm by next candle close make lower low last candle or below 990. if it happen that wave from 945 to 1005 it can be a rebound in big timeframe (4H&Day)
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...
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).
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...
- 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.
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.