CENTEL has broken the trading range with long white candle stick and high volume. I set alert for breaking the upper range level, and ordered some position at 27.50THB with a small stop loss at the gap (26.50). 1st TP. at Fibo. Ext.138.2% (31.00) is hopefully expected.
Trading XAUUSD during 04-05.02.2021 has been reviewed as the following chart.
Today SAK broke out the resistance area of W.2 or B with abnormal volume. That may be the signal of beginning of W.3 or C. I expect this technical pattern of the leasing company could be IPO type 2 (Dragon Flying). We may take this opportunity to trade on high expected gain with limited loss.
SA (IPO Type4) Bungy Jump but Spring up
GPSC is forming like Head & Shoulder Pattern in TF 1hr. This is an opportunity to shortly trade in downtrend.
Case Study of SK with IPO4 trade setup (Bungy Jump and Spring). We learn this pattern while taking this opportunity to trade this stock.
UV has consolidated in the trading range for many week and is going to break out the upper range with accumulated volume. Taking with limited risk and RRR>3.0 might be advantage for traders.
Case Study of SABUY (IPO Type 1 : Corrective and Impulsive Pattern)
Case Study of PRAPAT : (IPO Type1 : Corrective and Impulsive Pattern
Case Study of LEO (IPO Type 2 : Continuous Uptrend)
Case Study of KK (IPO4 : Bungy Jump and Spring) Strategy : Wait and See until price cross up Entry Area1 or Entry Area2
Case Study of SO (IPO Type 4 : Bungy Jump and Spring)
Case Study of PROSPECT : IPO Type 3 (Continuous Downtrend)