XAUUSD (Gold) 15m Pending Order Grid Stable System Fibonacci 61.8%-100% Entry at FVG
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,...
Currently 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...
The Thai Baht has been cautiously gaining ground against the US Dollar since December despite recent volatility in stock markets. In fact, USD/THB recently broke under a key rising trendline from early 2021, confirming the breakout. Key support below appears to be the 200-day Simple Moving Average. Tourism is a key component of Thailand's economy, which has been...
TGPRO buy on technical (MACD crossover weekly) Book Value is only at 0.44. With rumors of the company going into the cannabis business, investors will be interested to support the long term business. CMPR% as of today is over 1700%. Buy. First Target 0.72.
Once the country starts opening up, expanding operations more you'll see a flow of interest enter the market. You know me, know my trading style I BUY LOW SELL HIGH! Expecting this one to rally soon enough. Thailand is the Tourist go to destination! SET:THAI Thai Airways International - Since 1961
"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....
A bit of forex sometimes is interesting, but i will tell you a secret, if you are succesfull to trade cryptos. You can trade everything in the world. Here a bit history : So Euro was pushed down for more than 10 years, post crises 2008 it was like a long bloodbath ! Thailand Major tourism inflation pushed Thai Bath a lot, riches peoples are happy when their own...
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)...
Great set-up from BGC. Big Volume breakout at 10.30. Trendlines looking good, look to buy. Target Price at about 12.80-13.00 Exponential Moving Averages upward cross. Fundamentals looking solid.
BIG Camera seems to have been through it's worst. Online sales seems to be doing much better, although site traffic is still in a downtrend. Now awaiting reopening of tourism which has a lot of pent up demand, while the camera boom 5 years ago seems to have completed its product shelf-life. Granted smartphone sales has taken a lot of the digital camera market, but...
Long if it can stand on support 2.72-2.76. Market overreaction to a spike of 200 cases in Thailand (which should be easily contained). Technicals and financial statements look good. Target between 3.40-3.72
SUPER ENERGY recently increased its total capacity by over 30% with a Solar Farm in Vietnam (550MW), this should drive revenues and future profits proportionally. In the short term, some pressure from a strong Thai Baht. Technically it looks good, cannot fault. Strong resistance at 1.10 and strong support at 1.00-1.05. Long if it breaks through 1.10.
Long all-in on SCCC. Good support on the bullish trendline, chance to break out of the long-term down trend at 180, when MA 50 crosses MA 200. Strong resistance at 180, re-evaluate then. Personally holding at 142.
BEM's initial drop due to traffic dropping 20% as a result of COVID. As a business, it is highly sustainable (rights to collect highway tolls and metro fees after build), with a big opportunity to grow as the country develops. Long.
CKP looks to break out of bearish trendline with strong support if it breaks out above 4.74.
Having lived in Thailand for 7 years I frequently watch the Thai Baht exchange rate. Since I left in 2010 and before the THB has strengthened against the GBP. At one time I was getting BAHT to the GBP now its exactly half that. My contacts in Thailand are telling me Thailand is suffering as a consequence of Covid-19 hitting the tourism sector hard and the economy...