MBK - Triangle Breakout Buy signal on Breakout and Buy on dip TP 22.0 as 100% Extension which is equal to the height of previous box
55.75 is a throw-back support line after triangle breakout.
Scenario1: Complete 1cycle and begin new cycle which retrace w-2, then Buy at retrace on 88% at 18.5-19.5 THB. Scenario2: Incomplete 1cycle and now W-C, then Buy1 at Impulse C on 100% at 17.5 THB. Buy2 at Impulse C on 127% at 13.5 THB. Remark, I dont think the price would go down to 161% since a high rebound happened on 61% at 32.00THB. If there are any other...
Selling Climax on 02/03/2020 Lower low on 17/03/2020 with low volume Higher Low in Sep 2020 Accumulation for 1 year from Mar2020 to May 2021 1st Big White with 1-year float on 19/05/2021 However, it seems a false breakout with less than 60% volume on 24/05/2021 Actions: wait for the confirmation for a rally.
TKT was firstly shown as uptrend in early 2021 which approx 6months accumulation breakout and now 40% higher. However, the big white with 1-year volume float is a significant sign of strong uptrend.
Accumulation phase starts in April2020 to Nov2020, a big gap up with 1-year volume float confirms the beginning of uptrend in Nov2020 and later breakout. 1st buy at 24.00 in Nov 2020 ***which actually published the idea on 02Dec2020 on previous post. 2nd buy at 31.00 in Feb 2021 (failed to match position in 2nd accumulation phase)
One year forms a triangle and have breakout which enter position at 35.50, and stoploss at 33.50.
MINT - Breakout from 1Y-consolidation range with wide gap up and >200 days volume support. First target should be 29-30 as same height of previous trading range.
Price was accumulated for 8 months between 16 to 24 THB, then did a huge gap up, and resistance breakout at 24 THB with relatively high volume shown conviction and interest in Nov2020 which provides a significant upside signal. Price threw back to 24 THB as support line in Feb2021 and likely to continue moving in the breakout direction (now 32.50 THB). However,...
SPRC performs a higher low in mid Oct19, and higher high in Jan20. Likewise, this retraces 78.6 in mid Oct19, and foresee to repeat as sub-wave2 at61.8/78.6 clustering line (9.00THB).
2 trading ranges are in in accumulation phase .
Though a stop loss triggered after price failed below the speed line in 3rd box, buying this stock at supporting line (low retest with low volume) for the long haul could exist. 21.0 may be the stop loss of the long run strategy.
Target is at least 100% projection and hit the stop loss if it goes back to the channel.
Bought a long position in 2nd accumulation box and now in 3rd box which is just a starting point in mark up phase - high volatility. If this makes lower low of 3rd box, I will be go away.
I have bought at 12.2 in 2nd accumulated box and sold at TP 15.8 in clustering zone. Now I been waiting for the corrective wave which the lowest swing could be 14.0-14.4 in mark up phase.
As long as price is above the breakout, waiting for the markup with long candle and peak volume.