SCC moving upwards. LONG. TP: 475.00 if it breaks through 405. Long SCC, strong support, accelerated upside with MA 50 crossing MA 200. Resistance at 405, after that it's takeoff.
Thaistocks
BAY (TH) - ELLIOT WAVE ANALYSIS- We can easily spotted a Zigzag correction on the chart - Intermediate (A)(B)(C)
- Intermediate (C) seems to be a 5th wave failure pattern, where price should retrace back to at least 100% of the whole wave (@51)
- TP no.2 is set at @71 - 61% retracement of the Intermediate Zigzag pattern.
- There is a possibility that we can see a new high in this bull run, but at this moment things remain uncertain.
SCB is a strong uptrend and could continue with a Bull
SCB is relatively stronger than SET with very low retracement level, it could has continue with another bull wave
the plan is to buy when the price Break at the Yellow line (126.50) and stop loss at the Red line (124.50)
its first target price is at the Blue line (138.50) sell 1/2 of the amount, the rest keep riding with the EMA10 or EMA20 depends on your preference.
DDD Long TP: 26"A company without any debts cannot go bankrupt." At the worst point for the retail/personal care products, the management team has managed to turn a profit in the first half of 2021, mainly targeting The Philippines. VWAP lies at about 32THB. There is room for growth yet with DDD with multiple brands and markets, especially with the pent up demand from China. Financially, DDD is very strong with a fair-to-expensive price and consistent dividend payment. As 2022 approaches, DDD has high expectations ahead, and should be able to meet them with 30% increase in revenue (not necessarily profit margins).
TOP (TH) - ELLIOT WAVE ANALYSIS- I am expecting a non-standard correciton (ABCXABC pattern), in which PRIMARY wave has just ended and we are forming PRIMARY wave of the second ABC of the non-standard correction.
- There is a strong resistance at 77.75.
GUNKUL (TH) - Elliot Wave Analysis- There is a chance that the Cycle Wave III is a non-standard correction (ABCXABC), where the current Primary wave may be a triangle.
- If prices break the downward trend, then this Cycle Wave III is more likely to be an impulse wave.
ILM (TH) - Elliot Wave Analysis- CYCLE ABC pattern where the CYCLE WAVE B seems to be a strong b + c-failure pattern. This shows us that we can expect an aggressive thrust of the CYCLE WAVE C pattern with strong resistant at the given level on the chart.
- INTERMEDIATE WAVE (B) of CYCLE WAVE B seems to be a non-standard correction with a hidden wave (X).
MENA (TH) - Elliot Wave Analysis- The first minute pattern was a zz truncate (July 7 - Aug 16). Hence, we have a TP for the second leg of 81% of the first zz truncate pattern (@2.56).
- Note: Minute wave of the first zz truncate seems to be a non-standard correction with the last ABC also being a zz truncate. However; price did not retract back to 61.8%/81% of this wave. Since history tends to repeat itself, we might need to keep in mind that this time our TP of 81% might not be reached.
TWZ (TH) - Elliot Wave Analysis- Downtrend pattern: non-standard correction (ABCXABC), which according to Elliot Wave Theory should retrace back to at least 61.8% of the last ABC. (@0.47)
- Wait to enter after a nice retracement.
CPF - accumulation I continue to accumulate in weakness because I am a long term holder.
Strong balance sheet and they continually pay dividends. (twice a year)
To me it looks like it has broken out of its long term downtrend and is now creating a new base before moving higher.
I'm using this graph to track price movements, could be some nice trade set ups. CPF sticks to its range.
KEX:LONG Possible VI Hold?Kerry Express has increased its deliveries by over 15 million packages (nearly 11%) over the same half year period as last year's, as well as reducing the costs (although the price per package fell too, resulting in reduction of gross profit - perhaps from falling consumer purchasing power in Q2). Future expansions include Kerry Cool Express (cold chain delivery) for temperature controlled goods, Kerry LTL for small freight, Kerry Wallet (a new payment system in partnership with SABUY). I believe Kerry will be Asia's UPS, Fedex or DHL, if not better. Systems will eventually be fully immersive and connected seamlessly between different countries. Definitely a VI hold, if one looks beyond the current domestic competition and economic situation. Price is fair and uptrending, as it should be for the market leader.
OCEAN (TH) - Elliot Wave Analysis- Still ongoing downtrend in minor wave c.
- Confirmation of the end of wave c when the 0-B trendline is broken.
GUNKUL (TH) - Elliot Wave Analysis- We are in a very nice uptrend of the Supercycle Wave (c). However; I do expect a period of consolidation before continuing up in our trending direction. Minimum TP is at 6.14.
IVL (TH) - Elliot Wave AnalysisNon-standard Correction (ABCXABC)
- As shown in the chart we are approaching the second correction of a non-standard correction.
TU (TH) - Elliot Wave Analysis- Cycle: non-standard correction abcxabc - currently at Cycle Wave c of the last correction.
- Primary: Expect a minor retracement of wave 4 - areas of support = 19.2, 18.1
SUPER (TH) - Elliot Wave Analysis- We are currently in Intermediate Wave (D) of a triangle. Expect a very aggressive thrust after this correction has ended.
7UP (TH) - Elliot Wave Analysis- The future do not seem very bright here. If this analysis turns out to be right, we are looking at a new low beyond 0.20. However, if price reverse up and make new high pass 3.57, this would mean the end of a cycle wave down.
BANPU (TH) - Elliot Wave Analysis- Very likely that we are going to see another move downward (cycle wave b). However; wave b is still incomplete.
SCGP (TH) - Elliot Wave AnalysisNon-Standard Correciton.
- There is an opportunity to enter at the end of Primary Wave . According to Elliot Wave Theory, after a non-standard correction, price should retrace to at least 61.8% of the last correction (@62.25).
