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GPSC We can see that GPSC is correlated with US10Y. . US10Y is at a peak level of 5.00% , And with a possible of retracement to 50% Equilibrium of the highest and the lowest of US10Y which is at 2.680% (as of1 Aug 22) . With this information we can target GPSC at the same level of 1 Aug 22 which is 71 Baht. . Entry around this level will possibly gain around 65%. . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
SET:GPSCLong
by MLGONION
What does the DeMarker suggest for the Thai Baht?The US dollar/ Thai baht (USDTHB) has been rallying to the bullish side. Hawkish Fed policy has remained the key source of dollar strength, but one may still wonder if the trend will continue or if it is already oversold and is bound for correction. A unique indicator used to identify if a trend is oversold or overbought is the DeMarker indicator. The DeMarker, or "DeM" for short, is an oscillator that compares the most recent maximum and minimum prices to the previous period's equivalent prices. This comparison attempts to assess the directional movement of the market. The DeMarker was created as a leading indicator, thus giving traders a possible signal for an imminent trend switch. Unlike the most used oscillator tool, the Relative Strength Index indicator or "RSI," the DeMarker focuses on intra-period highs and lows rather than closing prices. In the chart, we see the DeMarker indicator highlighting the overbought and oversold conditions. Using the DeMarker indicator, we could check if the level is below 30 and considered oversold, or above 70 and considered overbought. An oversold condition might signal a move to the upside, while the overbought condition is typically a sign that the price may begin to fall. With the help of a moving average, we could determine the current price trend before taking a position. For the USDTHB pair, we could see that the price in the daily timeframe is presently above the 200 EMA period, which indicates the USDTHB is on a bullish uptrend. Looking at the DeMarker indicator, which previously broke above the 70-level last week, suggests that the price is in extremely overbought territories. Since then, the pair has made a pullback and may head towards the 35.5 level to create a higher low in the current uptrend before the DeMarker indicator gives another signal for a potential trend continuation to the upside.
by BlackBull_Markets
1
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).
DLong
by sheikhupura
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.
KLong
by sheikhupura
End of Downturn for BIGBIG Camera seems to have been through it's worst. Online sales seems to be doing much better, although site traffic is still in a downtrend. Now awaiting reopening of tourism which has a lot of pent up demand, while the camera boom 5 years ago seems to have completed its product shelf-life. Granted smartphone sales has taken a lot of the digital camera market, but accessories, travel and action related products as well as demand for visuals in the marketing industry (especially video) will play a big role. Predicting we will see a boom by the Q1 2021.
SET:BIGLong
by sheikhupura