End of Downturn for BIGBIG 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 accessories, travel and action related products as well as demand for visuals in the marketing industry (especially video) will play a big role. Predicting we will see a boom by the Q1 2021.
SET:SYNTEC long TP @ MLMACD in monthly chart cross signal line.
Prices are higher high and higher low.
The price is at Fib ret between 78.6 and 88.7.
Plenty of upsides.
Action:
[wait for the price to retrace around lower channel (orange line).
SET:TSE Monthly chartInput
RR 3:1
TP = 6.74
SL = 1.94
Entry = 3.14
ATR = 0.6
ATR x 2 = 1.2
Setup
RSI = OS
EMA12 cross up EMA26
AH @ June 24, 2021wave 3rd has finished.
Now their graph is making wave 4th by correction Zigzag.
- proved zigzag by a go down by trend with 5 swing as impulse
- Retrace b 78.% of a
- then c will continue down trend , predict finish by 20.00THB
