- Trading channel is 777 -790 - Doji show on daily chart yesterday - High chance on technical rebound today - Bias short - Wait and see strategy today
- Trading channel is 790 - 805 but at 800 must be concern. - Looking back on price chart, this zone is choppy market. It's hard for scalping trade. - Bias short
- Trading channel is 814 - 831 - Reversal candle stick appeared on daily chart - Price came back to test 819 and could be stand - In 60 min chart, big white candle stick with volume shown on a chart. - Bias Long target is 831, the next target is 842.
Daily time frame : Downtrend Channel trading price : 816 - 830 - If price stand at 830 in 60 min chart, price can be reach at 844. - If price can't pass 830 Bias Short! Please calculate RR ratio before open any position.
Long all-in on SCCC. Good support on the bullish trendline, chance to break out of the long-term down trend at 180, when MA 50 crosses MA 200. Strong resistance at 180, re-evaluate then. Personally holding at 142.
BCPG is currently in the weak momentum for both TF day and TF week. The idea is to Short when it's Breakdown the yellow line. the first target price is at the Blue line Cutloss when it goes againt Short at 15.40
BEM's initial drop due to traffic dropping 20% as a result of COVID. As a business, it is highly sustainable (rights to collect highway tolls and metro fees after build), with a big opportunity to grow as the country develops. Long.
CKP looks to break out of bearish trendline with strong support if it breaks out above 4.74.
Moving between triangle pattern either side SET:PTT
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 $$$ :)
EGCO looks to break out from the bearish trend line at 270.
SAWAD inverted H&S marked up 10THB and hope this breakout results at least 10THB mark up as previous.
After SET index breakout 5 years channel at 1600.00, it retested to 1600.00 support line and showed the weakness breakout as long red and short green candles. It dipped a little new low at 1590.00 so this notices the bearish sign of lower high and lower low. Forecast : Bounce to 16500.00 and plummet to 1500.00/1350.00
The priceline of USDTHB is moving within an Up channel and hits at the channel's support. The MACD is turning bullish. RSI is oversold. Stochastic is oversold and gave bull cross. The sell targets are as below: Short between: 30.912 to 30.966 Regards, Atif Akbar (moon333)
From the experience of this technique in Forex, I do it. Will update again on the way and when reaching $ 4791.5