BCP Long Trade Setup – Potential Bounce from Swing Lows
📉 Stock: Bangchak Corporation PCL (BCP)
💰 Current Price: 29.50 THB
📊 Trade Idea:
Price is currently trading near swing lows around the 29 THB zone, shown in the blue highlighted demand zone. Historically, this level has acted as a strong support, with prices bouncing to the upside after touching t
1.25 THB
1.78 B THB
589.88 B THB
About BANGCHAK CORPORATION PCL
Sector
Industry
CEO
Chaiwat Kovavisarach
Website
Headquarters
Bangkok
Founded
1984
ISIN
TH0420010R18
FIGI
BBG000KNP4Z2
Bangchak Corp. Public Co. Ltd. engages in the operation of oil refinery and trading. It operates through the following segments: Refinery and Oil Trading, Marketing, Electricity, Bio-Based Product, Natural Resources, and Others. The company was founded by Prem Tinsulanon on November 8, 1984 and is headquartered in Bangkok, Thailand.
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> Double Bottom Uptrend Breakout within a major parallel channel
> Price Action > Marubozu White candlestick - a strong bullish confirmation
>RSI | Bullish signal crossed up MA line above 50
>MACD | Golden cross signal line just bel
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Curated watchlists where BCP.R is featured.

Downstream oil: Petroleum through the pipes
39 No. of Symbols
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