Regional Container Lines: Price Action and Areas of Interest It looks to me as if RCL is a corrective move to the downside.
RCL is interesting as price action brings the actively traded value of the stock down to 37 Baht, some 30 Baht away from it's all-time high. Despite convincingly bearish PA since August of 21' RCL has posted great profits, with higher
12.75 THB
9.17 B THB
35.10 B THB
About REGIONAL CONTAINER LINES PUBLIC CO
Sector
Industry
CEO
Sumate Tanthuwanit
Website
Headquarters
Bangkok
Founded
1979
ISIN
TH0133010R17
FIGI
BBG000BSLDC0
Regional Container Lines Public Co., Ltd. engages in the business of international vessel operations. It operates through the following geographical segments: Thailand, Singapore, and Hong Kong. Its business lines include: Shipper-Owned-Container (SOC), Carrier-Owned-Container (COC), and Value-Added Logistic Services. The SOC business offers space on vessels to container owning customers. The COC business relates to container box fleet management. The Value-Added Logistic Services focuses on the basics in custom house brokerage and domestic haulage, contract logistics arrangements such as inventory management, cross country haulage, and multi country supply chain management. The company was founded in 1979 and is headquartered in Bangkok, Thailand.
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RCL | About to make Grand Supercycle Wave 2: TP 107.50 SL 40.00RCL | Thailand SET Index | Transportation Sector | Possible Wave 2 of Grand Supercycle - TP 107.50 Stop Loss Conservatively 40.00 (EMA200)
First Buy: 44.00
Second Buy: golden cross EMA10
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Key indicators:
> Truly aggressive Banker Sha
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Neutral
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Neutral
SellBuy
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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.