SOXS on the 30-minute chart has reversed from a trend down to an early uptrend. This is
confirmed by a variety of indicators including the ATR/ U BOT indicator reset to a period of 4,
the relative volume indicator showing buying volume spikes instead of selling spikes, as well
as the squeeze indicator changes from a green negative histogram to a positive one....
Price action and chart pattern trading
> Wave projection ABC sideway uptrend with reversal pattern breaking out SMA50 resistance zone
> Target @ upper main channel resistance zone if breakout SMA50
Indicator:
> RSI TF4H breakout MA line above 60
> MACD golden cross above baseline
> Supertrend pivot point reversal for uptrend
> CDC action zone uptrend ribbon...
Price action and chart pattern trading setup
> Possible local trend bullish breakout after the confirmed supertrend pivot point
> Entry zone below volume profile point of control POC - 0.236
> target zone at 0.786 Fibonacci retracement - volume profile key resistance
> Stop loss at the lowest position
> RR 1.5: 1 for short term trade
Indicators:
> RSI bullish...
CBG | Thailand SET Index | Food Sector | Price Action & Chart Pattern Analysis
Potential Trend Reversal - Short Rebound | Bullish Divergent Signal |
> Falling Wedge Breakout Target Price 132.0 based on Double Bottom - Stop Loss EMA400 or 1st Bottom 117.0
> Big Lot volume support continuously
> Banker Fund Flow positive
> RSI strong divergent for a bullish...
> STA has successfully received a hemp cultivation license from the FDA.
> On an experimental plot with a total area of 5 rai in Lampang Province To sell all seeds, leaves and roots obtained from planting to customers as agreed upon by contract.
> DIGITAL TRACEABILITY: Proactively make a difference by applying Digital Traceability principles to every produce...
