SET trade ideas
SET 100 - 28 Oct 2022To reflect earnings play, SET 100 is projecting to be in short term revert (resistance @1613 & 1635. Next month Nov 2022 target draw down below 1600 (@1582)
SET INDEXDue to the current weak currency, there is a greater chance that more foreign money will flow into the country. It is therefore interesting whether the Thai stock market can continue to expand or not. Is there any company that will be the key to bear the market to grow?
SET : Global Viewsupport and resistance
(Actually big picture it hit "all time resistance" many times already but never break through it
right now we are at very good support too , if it holds then possible to try to break through again
VN Index offer a higher volatility and upside than other AsianVietnam index growth the highest during the relaxed monetary policy period in 2020 and 2021.
SET : UPDATEDWeekly chart
still in that downtrend channel
Just supports and resistances analysis
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Trade safe and fun
SET 2320 ?This round SET should reach 2320 due to foreign fund flow. USDTHB now at around 36 and it should reach around 30 in the next 2-3 years.
Seem like it has decide which way to go. The next things to do is keep on eye on the big support line.
It's early than I thought The market seems more fragile than I thought and the regression is coming earlier than it should be.
Y22 SET IndexThailand SET Index is still struggling and under pressure from numerous external factors such as QE, Energy crisis, fear of recession etc. Sideways downward trend is expecting till end of 3Q22. Target bottom is 1475-1480
Which ways SET will go??? I use Stochastic, If Oversold without Lower low 1630 SET will go up but, If Breakdown supports line is 1625 1620
If u wait for collect stock, My idea Set index around 1630 can collect.
SET High-risk Initial LongSET High-risk Initial Long. SL and TPs on the chart. 10-20x leverage. Move SL on TP.
Inverse Head&Sholder SET - ThailandCan be Inverse Head&Sholder or not?? Let see
If can break 1633 and stay will test to break 1643 but in my idea , Index are not strong enough (Indicator doesn't support to break but it can happen too.)
SET INDEX : GLOBAL VIEW (UPDATED) I'm gonna put less of personal thoughts but just
Some facts :
1. SP500 Rebound , SET will be followed but see price action again at resistance
2. It broke down support...confirmed with weekly full candle (Usually going to retest lower one)
3. MACD is about to cross down... See earlier what happened when it crossed down
But it isn't crossed down yet...(can trick n just go up like any tricky crypto coins)
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That's all i wanna put here..
I will stop stocks because i can only focus one thing which I chose Crypto,,
My forever love crypto :P
Good luck!!
SET weekly: chart patterns May 22 - Jan 23my wild guess, if bearish, it will be :
combinations of 5 factors
1. fib ext. at 1.0 aim
2. bearish trendlines (3 points support)
3. last clear support price
4. MCDX shows that whales are leaving (takes time to come back)
5. time channel (1:1) shows many fine mapped points (1 time zone = 8 months period)
so it could be fun this year.
:P
--note--
for edu purpose only, not financial advice
SET INDEX : Updated If this weekly candle close below 1659
we'r heading 1600 , if not then we still play up zone
Wait to see if there will be any signs of reversal. It's not a gWait to see if there will be any signs of reversal. It's not a good time to get in. If it's off the pipe, we'll probably meet around 1500.
