BANPU Accumulate BUY Scenario 1 : Current price pull back to 61.8% possible to reverse up as of W2 but still posible reach to 78.6% level Scenario 2 : Not end C Correection W5 , it possible price will be drop to 61.8 level as end of W5 But generaly can accumurate buy , due to High dividend Yield ++
wait taget cost 10.5 follow buy in rsi low 30 we test rsi patten can buy and take profit
The stock is forming a perfect cup and handle pattern.
Price action and chart pattern trading > The big question mark is Wave C correction is relatively too short in nature of a standard zigzag correction. > Assuming the correction is done, the current minor leading diagonal target Wave 5 is projected at 1.236 - 1.618 retracement of the current minor wave 4. Always trade with affordable risk and respect your stoploss
BANPU is coal stock At the moment coal is rising, If break out the supply zone then it's good buying opportunity. (btw, this is monthly chart... It will be quite a very long timeline at least 3-4 years until it reach the peak of cycle) . Trade safe n fun don't forget to place the stop loss at ur acceptable risk
BANPU TSO and Breakout Already and HIT Target Fibo 161.8% already pleast wait to down to Entry 2 (E2) and wait show E3 at or above E2
BANPU | Thailand SET Index | Energy Sector Chart Pattern Weekly Timeframe Cup&Handle
BANPU | Thailand SET Index | Price Action | Chart Pattern Some ideas for estimated target for upcoming uptrend waves Always respect your stoploss
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 > Possible...
- On the weekly chart, you can see that there is a CYCLE zigzag truncate pattern. According to Glen Neely, this pattern has a minimum target of an 81% retracement @45.5. - On the daily chart, there are two likely scenario that could occur: 1. Primary wave has already completed and we are approaching Primary wave . 2. Primary wave might not be completed: we...
- Very likely that we are going to see another move downward (cycle wave b). However; wave b is still incomplete.
I recommend u to sell this stock now cuz it it will drop soon
SET:BANPU Add buy Trade Setup is OK Last buy RR > +3R Green Future KMO Price retrace to TK zone and rebound iA Entry / Exit Order Trade Risk 0.15% Entry : Hi+1 Current period Stop : Lo-1 Current period ./