SET50 finally broke above 200-day moving avergae. This comes with significantly improved market breadth. Bottom is in. Any pullback to 845-850 area is a buy opportunity
Thailand Consumer Morale Lowest Bank of Thailand Holds Rates Steady Thailand Inflation Rate Accelerates Thailand Business Morale Edges Higher Thailand Manufacturing Expands for 1st Time in 10 Months Thailand Retail Sales Growth Tumbles Thailand Private Investment Rebounds High Thailand Personal Spending Rebounds High Thailand Industrial Output Unexpectedly...
you can see in the graph, I hope that will break out.
SET50Z2023 Have reached the trend line with making double bottom it could be long position soon
If they still last candle like this may it happen but we have waiting for confirm by next candle close make lower low last candle or below 990. if it happen that wave from 945 to 1005 it can be a rebound in big timeframe (4H&Day)
Trading range for SET50 Index IMHO = Will go sideways for a big while See again mid year
CRC is the Thailand's leading Department Store and Retailing - if anyone ever visited Thailand will realized that the weather here is D*MNLY HOT - that's why everyone love going to Malls not to buying stuff but mostly enjoying varieties of life style service that Thai's Malls provided. Fundamental Analysis = As I told u earlier, Malls are like the heart of Thais...
Catching Bottom Bounce on SET:KEX. Price is extended to the downside, should mean-revert to EMA/VWAP from IPO. Tight SL in case stock moves further down
Chart looks good. you can see the volume coming in. Highest volume bar since IPO week. Stock has broken out above previous resistance. SL below VS shelf + previous resistance.
Lets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high. Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
Breakout for SET:THREL on the weekly timeframe for a long term swing. Stops below 4.72 (Low of the Breakout day). Good VA action. Tight action over the previous few weeks from an earlier leg up, form a flag and breakout on the daily/weekly.
SET had bounced at EMA50 for twice already, now getting closer to EMA50 again, let's pray it could make another big rebound. Note: let's say if it could make a green stop candle at EMA50 first to expect for the mentioned above.
Indicator: PLF :- No profit chip! TREND WAVE : In bearish trend (main line is yellow colour, red candle below yellow main line), possible short term pull-back but resistance at trendline.
After a strong bullish run, SET managed to close with bearish candle that engulfed the larger indecision candle from the trading day before. I would have been calmer if SET50 and S50 would have followed its sister, but they have not had a close over the June highs. So let's ask us the question; is this the end of x-mas / Covid vaccine rally and time for a...
....so here is a short post of my thoughts —from the passenger seat down to weekend celebrations in Hua Hin :) After SET50 did retest the 800 resistance and support, from below, it has put its GPS on a southern destination. But how far down south is it heading??? Well my best quess would be, to test March lows. I want to end this publication with a few words...
Hi fellow traders! Hope we will all get a positive answer, to yesterdays bounce; are you done with going lower? Yesterday, SET50 bounced of the Panic Gap Island's lows, and will it be enough to break the negative trend and start the second run to the north, from March lows. Or if this was only to trap the buyers, in the bigger negative trend further down...