ADVANC , Week Chart , have been sideway in the trading range since 2020 and this week is the first week that price start reverse down and break out the trendline. RSI and AO show weak momentum signal. We should monitor how deep that this chart go down by using the daily chart to monitor more detail.
Nonetheless ADVANC is in minor corrective action in which may be drew downward til 171 THB (end EW C pattern) depending on TH political (after election) and revenue effect from M&A cost and diversification in (2-3QY23). All indicators showing good shape in upward down trend. Her Y23 year end target has two scenarios. One is 250 THB and two is 280 THB.
Price action and chart pattern trading > Elliott Wave projection possible the end of Intermediate 4-wave downtrend > Complex inverted head & shoulders formation ABC uptrend correction > Bullish divergence in previous 5-wave downtrend confirmation > Entry @ neckline breakout - RSI downtrend breakout > Target @ C-wave uptrend 1.618 extension of A-wave near volume...
DIAMOND TOP / BOTTOM: > A trend reversal pattern indicating the end of up or downward trend - slightly off head & shoulders pattern > Price increased and declined sharply with significant volume forming a diamond shape > A mix of expanding and contracting triangle or wedge, often confused with a more popular head & shoulders > Timing could range from days to...
Price action and chart pattern trading setup > Elliott Wave Projection - possible end of correction ABC > Upcoming trend reversal pattern - inverted head & shoulders > Entry @ Neck line breakout > 1st Target TP1 - SMA200 and TP2 - previous Wave (B) position > Stoploss @ head position > RRR: 2:1 > Indicator: MACD bullish divergence Always trade with affordable...
Advanc 11/04/2022 price 227 1. The big picture is still in an uptrend. 2. The price has come up to test the key resistance of 242 baht. Failed to pass, has made a decrease. 3. The price has moved down to the first support 223 (Fibonacci Cluster+EMA20). 4. If the price cannot stand above 223, it will go down to the next support level 212/194. 5.volume last week,...
Price Action & Chart Pattern Trading: Hold / Accumulate - Pullback Entry > Possible breakout pennant triangle in sideway after forming bullish gartley as correction after minor Elliott Wave 5 > RSI & MACD bullish crossing signal line above base. Always respect your stoploss Good Luck
ADVANC | Thailand SET Index | ICT Sector > Chart Pattern | Continuation Bullish Rectangle > Price Action | Buy@Support and Sell@Resistance > Possible Correction Wave in Sideway Rectangle Pattern Always respect your stop-loss
ADVANCE | Thailand SET Index | ICT Sector | Price Action Analysis | SL - Falling Wedge Support Line > Recent breakout uptrend channel of trade into downtrend channel - Falling Wedge Pattern - Primary WAVE 4 - ABC correction phase > Possible trend reversal - wait for positive Banker Fund Flow signal before entering > Retesting the Falling Wedge Support line if...
Advanc TF Week 190.00 baht +1. Price can stand above ema 200 at 183.00 +2. The purchase volume is very large. +3.Momentum MACD crosses above 0 ----------------------------- strategy Wait to buy when the price drops to the area of 187 baht. Take profit 194/198.50
I saw a strong support (tripple bottom?) for ADVANC. Hopefully it wil go to 220. T.T
ADVANCE month chart show that it is still in corrective wave
Volume and Candle Stick Pattern indicator (Thai Language) อธิบายอินดิเคเตอร์ Volume และ Candle Stick Pattern สำหรับมือใหม่ อินดิเคเตอร์ Volume จะนำมาใช้ช่วยในการดูกำลังการซื้อขายของหุ้นตัวหนึ่งๆ "แท่งสีเขียว" หมายถึง แรงซื้อมากกว่าแรงขาย "แท่งสีแดง" หมายถึง แรงขายมากกว่าแรงซื้อ Candle Stick มีหลายลักษณะ ในคลิปนี้จะอธิบาย Bullish Engulfing :...