TVO | Long-term Supply & Demand Trade Setup | Weekly AnalysisTVO | Thailand SET Index | Chart Pattern Trading
> Top 10 dividend stock estimated 6+% annually
> Megaphone - Falling Wedge Reversal pattern BREAKOUT @ DEMAND SUPPORT
> Medium Term Target Zone at key Volume Profile Resistance
> RSI bullish signal cross over MA above 50
> MACD bullish golden cross signal line
Trade with affordable risk ratio 3:1
Always respect your stop-loss
Good Luck
TVO trade ideas
THAILAND SET: TVO THAI VEGETABLE OIL - SPECULATIVE BUYSpeculative BUY: TVO - Thai Vegetable Oil - Q2/21 Est. +113% QOQ, +92%YOY
> Weak Thai Baht - better export sales exchange rate
> Future Soy Bean rebounded as a positive factor for animal food supply profit contribution.
> Expect dividend 1.50 baht/share mid year (almost 5%, total year payout 8%)
Risk:
> SET declining due to COVID lockdown 3.0 w/ +25K cases /day