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Thaistocks

USDTHB Downward Trend Continues The Thai baht over the past week started out the week sideways, but like the Singapore dollar ended the week up. This pair is a bit more impacted recently from political risk surrounding its election and because of this we may see more volatility not related to technical or fundamental components. Nonetheless, its important to keep in mind the overall trend remains downward sloping and a continued weakening of the US dollar. Moreover, price action remained in theshort-term trend line resistance range at the week's end reinforcing the notion that linear downward resistance is difficult to break. Additionally, the technical picture for USDTHB over the next week looks like it could revert back to the mean where RSI points towards overbought and the bull bear indicator suggests USDTHB long is overcrowded. Meanwhile, exponential moving averages also suggest continuation of our downward trend. In sum, USDTHB is still short.  For more of my analysis, please check out www.anthonylaurence.wordpress.com
Short
by WhiskeyTangoFoxtrot3
Is PIMO coming again to end wave 5 ? The confirmation of wave V is when the price break last highest price (4.5) with momentum indicator support, unless it will trabsform to complex-corrective wave IV. The conservative target price should be 61.8% or 100%(common) fibonacci retracement of wave I; according to rule of Elliott wave that "wave III always not be the shortest wave" please consider before making the decision... any ideas feel free to share thanks. --Doctor Way play stock--
SET:PIMO
by KridsanawatWay
Beauty : Long position as in mark up phase 02Assume selling climax in July 2018 and accumulated for 26 bars. Then it did breakaway gap and marked up(01) for 30% approx. Again, it accumulated for shorter period for 16 bars and later did the breakaway gap which assuming this is in the mark up phase(02). Hopefully, it will reach 30% as a minimum next TP that should not be less that mark up phase(01). Nevertheless, period of 7 bar for the mark up phase should be considered. My TP is 14.00, 17% from the current price 11.90. Stoploss is at 11.30(-5%). I will be aware of the volume divergence on the uptrend since mid Aug2018.
SET:BEAUTYLong
by knot.narongwit
LONG SET:PORT High upsides re Fibo Retracement and Volume ProfilAccording to Fibonacci Retracement , the current price is close to 23.6% fibo level which can be seen as a strong support. And the targets are as the next fibo levels. And according to the Volume Profile , we can see that it goes along with the Fibo Retracement analysis above. The bottom level of value area is close to the fibo level of 23.6%. And one more thing, Stochastic RSI just crossed up. Therefore, there is high probability that the price could go up. If you buy the stock at 7.05, your stop loss level could be 6.85, 6.50 and 6.30, while the take profit level could be 7.40, 7.75 and 8.10.
SET:PORTLong
by witchanon
SET:PORT High upsides re Fibo Retracement and Volume ProfileAccording to Fibonacci Retracement, the current price is close to 23.6% fibo level which can be seen as a strong support. And the targets are as the next fibo levels. And according to the Volume Profile, we can see that it goes along with the Fibo Retracement analysis above. The bottom level of value area is close to the fibo level of 23.6%. And one more thing, Stochastic RSI just crossed up. Therefore, there is high probability that the price could go up. If you buy the stock at 7.05, your stop loss level could be 6.85, 6.50 and 6.30, while the take profit level could be 7.40, 7.75 and 8.10.
SET:PORTLong
by witchanon