Coming back? probably not yet...HTC pulled back to SMA50 on 23rd June 2023; however, without strength. It was both in the first and second week after the pulling back the price closed below SMA50. Therefore, It's likely that HTC will continue its downward trend. Shortby HybridRemora1
SFLEX looking good as a big head and shoulder First, Fundamentally, this stock just got JV with one of the Asean's biggest stock in packaging industry like SCGP. This could possibly be a new S-curve for SFLEX. The latest quarterly earning is +204.69%, ROE 8.60%, Freefloat 50.60% (note that its next 2 quarters could also got positive earning due to low base profit on the last year). Technically, this stock got a big head and shoulder awaits to be breakout. Also, its tf week is looking good for the new uptrend wave. Let's hope for a good one ^^ by AlphaSpeculatorKUpdated 8
"WP" the next "XO" and "SKY" ??No need much to said, the stock (WP) close higher than EMA200 in TF day for the first time, with Buy Signal and First day Uptrend bias. It's looking pretty similar to earlier Big Bull of this year like SKY and XO (you guys can type both of this stock in SET to check them out). Just trader with a good stoploss and if it really a Big Bull just ride along with it!! Longby AlphaSpeculatorKUpdated 1
BE8 and Harmonic Pattern with TD Buy SetupMost Thai stocks have TD signal after panic sell in last week which are competitive entry for several trade setup. I apply TD Buy Setup together with Harmonic Pattern for BE8. We can have short term trading for rebounding. However, don't forget to managing risks before trading. Good LuckLongby surapats1
TIPCO breaks accumulation & does a retesting.Tipco breaks out a symetrical triangle and does a retesting. If it can go up, it might be possible to touch a resistance at 13.5-14 THB. Longby krathon1
Wice breaks a down trend line.WICE can break a down trend line with a higher low. So, we can set a trading strategy as LONG position and set a target at the resistance level around 9 THB. Moreover, if it can break 9 THB, we can expect a target profit by using a combination between FIBO extension and Fixed range analysis. These two methods can give us a resistance level of price to be set as a target profit. Longby krathon1
LEO reboundsLeo does not show a new lower low but higher low. RSI shows a bullish divergence. So, this might be a time to hold a BUY position and we can set a target profit around the latest resistance level at 7.25-7.50 THB. This strategy is very simple but so effective. In addition, if Leo didn't show a lower low of 5.85 THB and runs a price range around 5.85-7.50 THB, this might be an accumulation phase. But this assumption will be confirmed when the price breaks 7.50 THB. Longby krathon0
Just forecastLow risk, high reward. The last support is 8.80, in the case of break down the title will be change to high risk, low reward. :)by PlanCZero1
LEO and TD Buy Setup together with Expected Dbl. BottomIf you are a reversal trader, this stock at the current price might be interesting. I apply TD Buy Setup together with expected Dbl. Bottom. However, I recommend to wait for Bullish divergence in RSI and Awesome oscillator which almost confirm. Don't forget to managing your risks well before trading. Good Luck.Longby surapats1
ICHI and TD Buy Setup at TunnelICHI price has been declined for several days and hit at significant support level. I apply TD Buy Setup together with Wave Tunnel for competitive trade setup. The setup provides high rewards with acceptable risks. However, managing your risks before making the order is still recommended.Longby surapats2
Malee breaks out a symetrical triangle.Malee can break out a symetrical triangle that is an accumulation phase. Applying Fibo projection can help to see the current price is in the Pivot zone above the accumulation phase. For my trading, I hold a BUY order at 7.30 THB and be expected that the price can go up to Fibo projection at level 100% or 11 THB. Longby krathon1
JTS can break a down trendline. It seems to be a time to hold a BUY position for JTS after it can break out a down trendline and does a retesting. As a short accumulation phase of this stock, so we should look for a short term trading. We can use Fibo extension together with Fixed range analysis to see VA profile. This can help us to see a price level that might be a resistance level. Longby krathon0
BTS- wait for break out and retest before shooting. BTS is close to break out a down trend line. If it is possible, just wait for a retest before placing a buy order. In the other hand, if it cannot break a down trend line, it might be possible to go down for the latest support level. Longby krathon2
KCE | Elliott Wave Correction Projection | Target -20%+Price action and chart pattern trading: > The weekly price currently trading below EMA200 W with a possible 4-wave correction rising wedge pattern, approaching target EMA200D > Entry @ rising wedge breakdown > Target @ 0.618 extension rising wedge target +20%+ > Stop @ EMA200D -10% downside > Risk reward ratio 2:1 Always trade with affordable risk and respect your stoplossShortby dukeposhUpdated 111
AH idea# Strategy : Swing Trade # Trade Set Up ; WT-3 1. After Stocks are on the rise, resting at Fibo 50.0 2. Entry 1 at Tunnel line 3. Entry 2 after pass DTL # TP at Fibo Proj 100 % and Fibo 161.8 = 41.0 # Stop loss if lower than wave line + RSI < 50Longby pranol042Updated 110
MGC, general ipo's accum breakoutWell..., it's just a normal breakout. This stock got YoY +26.96%, ROE 7.20%, with huge amount of stocks still kept with the original shareholders with the free float of 25% for people outside their circle (seems like they really love their stock). Its business is a major seller of luxury automotives, yachts, Harley's stuffs (which could earn pretty lots of profits in the following quarters from now on due to many rich immigrants from China and Russia - run away from their countries' issues for good). As a newbie in technical analysis, I have got no idea what is the possible target price neither, but if it's not a stoploss (falls off from 9.15) I would just keep holding until it's cross down EMA15 (1/2 sell) and the rest until the Sell signal appeared. (As I have just recently tested on this system, so I'm not sure yet about its RR ratio, but definitely gonna update on this one after 1 year forward testing).Longby AlphaSpeculatorKUpdated 2
PLANB : VCP patternStrategy : Swing Trade Trade Set Up : VCP pattern + Wave 5 Entry at 8.80 Entry 2 after pass Fibo 61.8 = 9.00 Stop loss at 8.55, 8.65 TP at Previous high 9.90 RR 2.86,4 Longby pranol0420
MOSHI and W.3 or CWhen looking at their financial statement, I'm not doubt with their business performance and long term growth. I apply E.W. together with swing setup for trading in medium term. Rewards comparing with risks are significantly worth trading. Good Luck!Longby surapats1
HANA- break trend line and be above POC. This idea is for short term trading. HANA can break down trend line and be above POC. So, it is possible to rise up to a resistance which is set by volume analysis. Longby krathon330
Opportunity to accumulation, ending of the down trend?Just use the trendline and my wing Eliot-wave. Maybe we will see the bullish divergence in SET:CBG week chart if the price didn't drop below 87.0 Just try to share the idea.Longby santavakulpluemUpdated 113
OKX Provides Spot Trading Services of These 16 Cryptocurrencies Coin World reported that OKX announced today that it will provide spot trading services for 16 mainstream cryptocurrencies to Hong Kong KYC users. These 16 cryptocurrencies, OKX disclosed to the currency world as: BTC, ETH, ADA, MATIC, SOL, DOT, UNI, LINK, SAND, LTC, AVAX, AXS, ATOM, XLM, USDT and USDC. It is reported that OKX Hong Kong KYC users can use Hong Kong dollars, peer-to-peer (P2P) or through third-party providers such as ApplePay, Visa and MasterCard cards to conduct these 16 cryptocurrency transactions.by babs7mo0
Classic RR trading modelMACD is about to cross up in the monthly chart. The target price assumption is the previous high. The stop loss level is placed below the wick of the last inside bar. Longby ProDukeSadudeeUpdated 1
ADVANC Growth driver and Expected FV in 1-2QY23 Nonetheless ADVANC is in minor corrective action in which may be drew downward til 171 THB (end EW C pattern) depending on TH political (after election) and revenue effect from M&A cost and diversification in (2-3QY23). All indicators showing good shape in upward down trend. Her Y23 year end target has two scenarios. One is 250 THB and two is 280 THB. by adgfdcoc5