Long SCI from expected turnaroundSCI 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.
BTS Group Holdings PCLBTS has been trending down for awhile now - It broke through a strong support at 8.80 and has opened itself up for further downside risk.
I would like to see it hold above 8.80 and eventually close higher than the yellow line above 9.60.
If it holds above the yellow line and breaks through resistance at 10.20 Baht it should give us confirmation that the stock is going to pusher higher.
However, I believe it will continue to trend down in the short term to test 8 Baht.
Bangkok residents have also been asked to work from home as much as possible, and many schools still haven't opened up and are currently learning online. These are not tailwinds that support price increases.
Unfortunately, I see BTS under pressure for the remainder of the year until some normality returns - For long term investors this may be an opportunity to load up at lower prices -
BTS also pays a fairly good dividend.
CPR and WTZ1 Trade SetupCPR and WTZ1 Trade Setup just broke out the range. Fibo E. 161.8% is expected as the first TP.
Long AIT Good financial statement, XD soon might get some free Div to get some coke
Technical on uptrend with aroon up and sto up
First entry@ 22
2nd at 20.10
NO SL BC YOLO
COM7 and 9-13-9 TD SignalCOM7 (weekly chart) has 9-13-9 signal. We expect it might has some reversal pattern soon within a few week. Be careful.
VIBHAJust post memory actual buy into port.
IN 1.76, SL 1.60. Target#1- 2.22
Actual sell 1.8x (LOL).
DOD Breaking OutThe cash balance will be lifted tomorrow and the market already respond to this by
- price testing resistance
- MACD cut above signal
- tenkan meet with kijun while staying above cloud
CPF - accumulation Looking like it breaks higher. Watching the trend line closely- I will accumulate in pullbacks.
I suspect a break to the upside in the coming weeks/months.
Will exit my trade position if it falls below 25 baht, will take some profits off at 34 baht, but continue to hold for the long term.
BGRIM is near the end of Wave-e of Triangle pattern.See on the chart for the minimum target price.
** It's just my opinion, I do not recommend buying.
