MBK - Triangle BreakoutMBK - 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
Thaitrader
BAFS; Wait and Buy at any one of these scenarios.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 ideas, feel free to share.
GPSC We can see that GPSC is correlated with US10Y.
.
US10Y is at a peak level of 5.00% , And with a possible of retracement to 50% Equilibrium of the highest and the lowest of US10Y which is at 2.680% (as of1 Aug 22)
.
With this information we can target GPSC at the same level of 1 Aug 22 which is 71 Baht.
.
Entry around this level will possibly gain around 65%.
.
.
.
.
🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
TTB TP: 1.60Better banking outlook is good for TTB since the merger because it is still laggard compared to the sector. Target price expected between 1.60-1.80
XAUUSD 15m Buy [Pending]XAUUSD (Gold)
15m
Pending Order
Grid Stable System
Fibonacci 61.8%-100%
Entry at FVG
It's early than I thought The market seems more fragile than I thought and the regression is coming earlier than it should be.
What does the DeMarker suggest for the Thai Baht?The US dollar/ Thai baht (USDTHB) has been rallying to the bullish side. Hawkish Fed policy has remained the key source of dollar strength, but one may still wonder if the trend will continue or if it is already oversold and is bound for correction.
A unique indicator used to identify if a trend is oversold or overbought is the DeMarker indicator. The DeMarker, or "DeM" for short, is an oscillator that compares the most recent maximum and minimum prices to the previous period's equivalent prices. This comparison attempts to assess the directional movement of the market. The DeMarker was created as a leading indicator, thus giving traders a possible signal for an imminent trend switch. Unlike the most used oscillator tool, the Relative Strength Index indicator or "RSI," the DeMarker focuses on intra-period highs and lows rather than closing prices.
In the chart, we see the DeMarker indicator highlighting the overbought and oversold conditions. Using the DeMarker indicator, we could check if the level is below 30 and considered oversold, or above 70 and considered overbought. An oversold condition might signal a move to the upside, while the overbought condition is typically a sign that the price may begin to fall.
With the help of a moving average, we could determine the current price trend before taking a position.
For the USDTHB pair, we could see that the price in the daily timeframe is presently above the 200 EMA period, which indicates the USDTHB is on a bullish uptrend.
Looking at the DeMarker indicator, which previously broke above the 70-level last week, suggests that the price is in extremely overbought territories. Since then, the pair has made a pullback and may head towards the 35.5 level to create a higher low in the current uptrend before the DeMarker indicator gives another signal for a potential trend continuation to the upside.
Which ways SET will go??? I use Stochastic, If Oversold without Lower low 1630 SET will go up but, If Breakdown supports line is 1625 1620
If u wait for collect stock, My idea Set index around 1630 can collect.
SET50 almost be a Evening star after come from bottom 945If they still last candle like this may it happen but we have waiting for confirm by next candle close make lower low last candle or below 990. if it happen that wave from 945 to 1005 it can be a rebound in big timeframe (4H&Day)
TRT Long Fundamentals and Electricity DemandCurrently P/BV sits at 0.68 which is lowest in it's sector. Transformers are expected to make a comeback in the next few quarters as the effects of the pandemic dies down. Hold as strong balance sheet is expected with reduced long term debts, backlogs and lower variable costs. Another good possibility is the weakening of THB that will positively affect profits due to expected improvement of exports.
TCAP: Long Upside about 20% Looking great technically, holding at 34.75 expected target price at about 42 according to Fibo.
Long SET:ZIGA. Episodic Pivot. Breakout of range + News on BTCChart looks good. you can see the volume coming in. Highest volume bar since IPO week. Stock has broken out above previous resistance.
SL below VS shelf + previous resistance.
Long SET: WORK. SL Low of the Day. Huge Upside potentialLets see if this plays out. Market is in a bullish phase. WORK is above VA consolidation, with 50EMA & 200EMA sloping upwards. Have to be wary VWAP from previous milti-year high.
Stop is tight, Low of the day. If momentum bursts continue to the upside, high odds for a good run. Low risk high reward.
SCC moving upwards. LONG. TP: 475.00 if it breaks through 405. Long SCC, strong support, accelerated upside with MA 50 crossing MA 200. Resistance at 405, after that it's takeoff.
SET is testing EMA50 (again)SET had bounced at EMA50 for twice already, now getting closer to EMA50 again, let's pray it could make another big rebound.
Note: let's say if it could make a green stop candle at EMA50 first to expect for the mentioned above.
SCB is a strong uptrend and could continue with a Bull
SCB is relatively stronger than SET with very low retracement level, it could has continue with another bull wave
the plan is to buy when the price Break at the Yellow line (126.50) and stop loss at the Red line (124.50)
its first target price is at the Blue line (138.50) sell 1/2 of the amount, the rest keep riding with the EMA10 or EMA20 depends on your preference.
DDD Long TP: 26"A company without any debts cannot go bankrupt." At the worst point for the retail/personal care products, the management team has managed to turn a profit in the first half of 2021, mainly targeting The Philippines. VWAP lies at about 32THB. There is room for growth yet with DDD with multiple brands and markets, especially with the pent up demand from China. Financially, DDD is very strong with a fair-to-expensive price and consistent dividend payment. As 2022 approaches, DDD has high expectations ahead, and should be able to meet them with 30% increase in revenue (not necessarily profit margins).
KEX:LONG Possible VI Hold?Kerry Express has increased its deliveries by over 15 million packages (nearly 11%) over the same half year period as last year's, as well as reducing the costs (although the price per package fell too, resulting in reduction of gross profit - perhaps from falling consumer purchasing power in Q2). Future expansions include Kerry Cool Express (cold chain delivery) for temperature controlled goods, Kerry LTL for small freight, Kerry Wallet (a new payment system in partnership with SABUY). I believe Kerry will be Asia's UPS, Fedex or DHL, if not better. Systems will eventually be fully immersive and connected seamlessly between different countries. Definitely a VI hold, if one looks beyond the current domestic competition and economic situation. Price is fair and uptrending, as it should be for the market leader.
