SISB trade ideas
Second 4% profit of SISB after CC59 counting to -9 has met.Singapore International School of Bangkok (SISB) M15 chart showed CC59 counting from -1 to -9 in the first IPO trading day. The -9 bar told possibility that the price reversal might be near. Some investors who trade the nine entered the market after the long and red stop hunting anchor bar. On the beginning of the second trading day, some big volumes got in causing a price slippage up and giving a nice 4% profit taking. CC59 counting could be done by hand or by a helper like Graph Reader Pro 4.0 for TradingView. Contact me to get invited to use this tool.
SISB Singapore International School of Bangkok 's first IPO day.The Singapore International School of Bangkok (SISB)'s first trading day in the Stock Exchange of Thailand viewed by Graph Reader Pro 4.0 for TradingView in the 15 minute time frame shows continuous decline from the IPO price of 5.20 THB. The CC59 counting in GRP4 shows a series of -1 to -9 numbers and a resistance line at 5.05 THB. This resistance level can be transferred to be used in higher time frame where no other technical indicators such as those RSI and MACD do not give out their first values yet.
