PTTEP | Q321E +40% Sell On Fact | Buy signal@RSI rebound
PTTEP | Thailand SET Index | Price Action Analysis
This is my 3rd Buy position and decided not to take profit as the oil price continue to claim.
> Chart Pattern: Double Top and declining to test the Supertrend support.
> Banker Chip Volume support at EMA50 @ 117.0
> Buy position when RSI rebound, TP1: 127.0 TP2: 140 Timing mid-term trading about 1-2 month SL: slightly below EMA50
Always respect your stop-losses!
Best of luck
This is my 3rd Buy position and decided not to take profit as the oil price continue to claim.
> Chart Pattern: Double Top and declining to test the Supertrend support.
> Banker Chip Volume support at EMA50 @ 117.0
> Buy position when RSI rebound, TP1: 127.0 TP2: 140 Timing mid-term trading about 1-2 month SL: slightly below EMA50
Always respect your stop-losses!
Best of luck
Note
Estimated Target downtrend reversal at 110.0 (EMA400)> Bottom signal beginning
> CCI ribbon changed to
> MACD crossing down 0
> RSI coming into oversold area
Wait for RSI rebound breakout from oversold area for buy signal
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.