THAILAND SET: PETROCHEMICAL SECTOR | PTTGC CURRENT PRICE: 64.50 BREAK OUT VOLUME POINT OF CONTROL: 63.00 and previous high Reasonably good buy position for speculative TARGET PRICE 1 @ 67.50 (5.4%) at mini Wave 5 position. Stop Loss: 63.00 (current POC) >Strong Foreign fund flow (NVDR) - hit the highest daily chart at +450 mil baht / day >Strong Banker fund...
BAM Stock in SET bullish divergent Entry 18 Baht StopLoss 17.5 Baht TakeProfit1 19 Baht TakeProfit2 20.5 Baht Risk/Rewards ratio = 1:5.2
The Stock Exchange of Thailand is ready to make a last bounce followed by long period of Depression. The post covid happiness will create a Fomo in Multiples international Indexes with a fake return of Tourism, Medias and Televisions will speak about we are returning to the normality, but this will be a short term joy stage. Peoples will need some fresh air,...
SET:CPF 1) Higer lower low 2) Lower trade volume 3) EMA20 and 50 above EMA150 and 200 4) Expect a good earning in next Quater!? Lets wait for next bars!!! Disclimer: The Content is for entertainment purposes only, you should not interpret any such information or other material as investment, financial, or other advice. You alone assume the sole responsibility...
SCI has been in a downtrend for the past many years. It hit 2 year highs today closing at THB2.00, very good sign following expected turnaround with new projects (21 MW community electricity plants). Price to Book Value is at 1.00, no target price yet (will update with Q1 results). Good indication for long term as EMA 50 and EMA 200 cross.
We see the lose of momentum a few weeks ago now the sellers gains some control which mean average participants who get involved average cost since prior lower now long holder is not ok they're getting selling pressure and now when the price is getting back to their break-even and lead to further decline on price to level of interest around 77ish and then we will...
As the global economy is expected to recover from COVID-19 pandemic, Thai stock market has also started to gain its strength. In this post, I am sharing my wave analysis and Elliot count on SET, Stock Exchange of Thailand, starting with monthly chart to grasp the big picture of the market. Monthly chart The following chart illustrates major financial crisis...
ETC's investors await good earnings reports today, if it closes above 2.24, the next target is 2.38, and subsequently 2.72. MACD looks goods, relative strength is quite strong. Good short term moving average upward cross. Chart pattern going according to Fibonacci pattern.
1. Clear uptrend formed during the last decade for Bitcoin relative to the SET Index 2. Next target at the upper trend line for an increase of approximately 320% 3. Exacerbated with macroeconomic factors such as COVID-19 and irresponsible monetary policy from central banks 4. A switch from physical, unlimited supply fiat to a digital, hard form of money is inevitable.