TIPCO breaks accumulation & does a retesting.Tipco breaks out a symetrical triangle and does a retesting. If it can go up, it might be possible to touch a resistance at 13.5-14 THB.
Wice breaks a down trend line.WICE can break a down trend line with a higher low. So, we can set a trading strategy as LONG position and set a target at the resistance level around 9 THB.
Moreover, if it can break 9 THB, we can expect a target profit by using a combination between FIBO extension and Fixed range analysis. These two methods can give us a resistance level of price to be set as a target profit.
LEO reboundsLeo does not show a new lower low but higher low. RSI shows a bullish divergence. So, this might be a time to hold a BUY position and we can set a target profit around the latest resistance level at 7.25-7.50 THB. This strategy is very simple but so effective.
In addition, if Leo didn't show a lower low of 5.85 THB and runs a price range around 5.85-7.50 THB, this might be an accumulation phase. But this assumption will be confirmed when the price breaks 7.50 THB.
Just forecastLow risk, high reward. The last support is 8.80, in the case of break down the title will be change to high risk, low reward. :)
LEO and TD Buy Setup together with Expected Dbl. BottomIf you are a reversal trader, this stock at the current price might be interesting. I apply TD Buy Setup together with expected Dbl. Bottom. However, I recommend to wait for Bullish divergence in RSI and Awesome oscillator which almost confirm. Don't forget to managing your risks well before trading. Good Luck.
ICHI and TD Buy Setup at TunnelICHI price has been declined for several days and hit at significant support level. I apply TD Buy Setup together with Wave Tunnel for competitive trade setup. The setup provides high rewards with acceptable risks. However, managing your risks before making the order is still recommended.
Malee breaks out a symetrical triangle.Malee can break out a symetrical triangle that is an accumulation phase. Applying Fibo projection can help to see the current price is in the Pivot zone above the accumulation phase.
For my trading, I hold a BUY order at 7.30 THB and be expected that the price can go up to Fibo projection at level 100% or 11 THB.
JTS can break a down trendline. It seems to be a time to hold a BUY position for JTS after it can break out a down trendline and does a retesting. As a short accumulation phase of this stock, so we should look for a short term trading.
We can use Fibo extension together with Fixed range analysis to see VA profile. This can help us to see a price level that might be a resistance level.
BTS- wait for break out and retest before shooting. BTS is close to break out a down trend line. If it is possible, just wait for a retest before placing a buy order. In the other hand, if it cannot break a down trend line, it might be possible to go down for the latest support level.
KCE | Elliott Wave Correction Projection | Target -20%+Price action and chart pattern trading:
> The weekly price currently trading below EMA200 W with a possible 4-wave correction rising wedge pattern, approaching target EMA200D
> Entry @ rising wedge breakdown
> Target @ 0.618 extension rising wedge target +20%+
> Stop @ EMA200D -10% downside
> Risk reward ratio 2:1
Always trade with affordable risk and respect your stoploss
AH idea# Strategy : Swing Trade
# Trade Set Up ; WT-3
1. After Stocks are on the rise, resting at Fibo 50.0
2. Entry 1 at Tunnel line
3. Entry 2 after pass DTL
# TP at Fibo Proj 100 % and Fibo 161.8 = 41.0
# Stop loss if lower than wave line + RSI < 50
MGC, general ipo's accum breakoutWell..., it's just a normal breakout. This stock got YoY +26.96%, ROE 7.20%, with huge amount of stocks still kept with the original shareholders with the free float of 25% for people outside their circle (seems like they really love their stock). Its business is a major seller of luxury automotives, yachts, Harley's stuffs (which could earn pretty lots of profits in the following quarters from now on due to many rich immigrants from China and Russia - run away from their countries' issues for good). As a newbie in technical analysis, I have got no idea what is the possible target price neither, but if it's not a stoploss (falls off from 9.15) I would just keep holding until it's cross down EMA15 (1/2 sell) and the rest until the Sell signal appeared. (As I have just recently tested on this system, so I'm not sure yet about its RR ratio, but definitely gonna update on this one after 1 year forward testing).
PLANB : VCP patternStrategy : Swing Trade
Trade Set Up : VCP pattern + Wave 5
Entry at 8.80
Entry 2 after pass Fibo 61.8 = 9.00
Stop loss at 8.55, 8.65
TP at Previous high 9.90
RR 2.86,4
MOSHI and W.3 or CWhen looking at their financial statement, I'm not doubt with their business performance and long term growth. I apply E.W. together with swing setup for trading in medium term. Rewards comparing with risks are significantly worth trading. Good Luck!
HANA- break trend line and be above POC. This idea is for short term trading. HANA can break down trend line and be above POC. So, it is possible to rise up to a resistance which is set by volume analysis.
Opportunity to accumulation, ending of the down trend?Just use the trendline and my wing Eliot-wave.
Maybe we will see the bullish divergence in SET:CBG week chart if the price didn't drop below 87.0
Just try to share the idea.
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Classic RR trading modelMACD is about to cross up in the monthly chart. The target price assumption is the previous high. The stop loss level is placed below the wick of the last inside bar.
ADVANC Growth driver and Expected FV in 1-2QY23 Nonetheless ADVANC is in minor corrective action in which may be drew downward til 171 THB (end EW C pattern) depending on TH political (after election) and revenue effect from M&A cost and diversification in (2-3QY23). All indicators showing good shape in upward down trend.
Her Y23 year end target has two scenarios. One is 250 THB and two is 280 THB.
DELTA : Bearish divergence and its supportDELTA : Bearish divergence and its support
Delta turns biggest cap that is used to pull or push set index
this might indicated how far the low/hi can reach
Trade safe n have fun!
KEX : Kerry downtrend channel I believe this is very cheap and very oversold as if the business is no more operating
may be better buy when it break out the downtrend
JMART has a similar price structure to TSLABased on the recent movement of JMART price, it has experienced a decline of over 61.8% retracement. As a result, it is highly likely that the price will reach the target price of 18, which represents the next level of retracement.
Nevertheless, I personally believe that JMART has the potential to become a future stock leader of Thailand, similar to TSLA , provided that it can rebound from the same retracement level as TSLA .
SINGER | Wave Projection | Major 4-Wave Triangle - MACD GoldenXThe price is currently trading just below 200SMMA as the key resistance under the assumption that its major 4-wave triangle breakout could be possible with double bottom pattern and MACD golden cross.
This bullish scenario has the downside is -8% and the upside is +10 - 20% with RRR: 1.5-2:1.
