CGD | Elliott Wave Analysis | Triangle Breakout +30% UpsidePrice action and chart pattern trading:
> The current price crossover above EMA200 with squeezed symmetrical triangle pattern.
> A possible ABC 1-wave uptrend breakout with potentially +20 - 30% upside
> Entry@EMA200 zone
> Target 1 @ 0.786 - 1.0 fibonanci extension level +20% upside
> Stoploss @ right shoulder pattern wave b position -8%
Always trade with affordable risk and respect your stoploss
ITEL | Elliott Wave Projection | Falling Wedge BreakoutPrice action and chart pattern trading
> Elliott wave downtrend falling wedge breakout
> Inverse head & shoulders reversal pattern with breakout
> Entry @ pullback B-wave retraced near neckline zone
> Target @ 0.386 retracement of (A) wave - volume profile point of control zone
> Stoploss @ the lowest head position -10% downside
> Risk reward ratio: 2:1
Always trade with affordable risk and respect your stoploss
ASIAN | Triangle Breakout | Target for uptrendASIAN | Thailand Set Index | Food Sector | Target estimated for uptrend minor impulse wave
> Strong momentum breakout of triangle with area of consolidation support
> Breakaway candlestick - possible BUY ON DIP
> RSI & MACD Bullish signal
Always respect your stoploss
Good Luck
BAM | CUP & HANDLE | Estimated TARGET | ENTRY PositionBAM | Thailand SET Index | Financial Sector | Chart Pattern Trading
Chart Pattern: Cup & Handle Target Estimated on weekly timeframe
Price Action: Entry position - Buy on breakout
Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0
This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below entry point
Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS
Good Luck
HNY 2022
SITHAI | Elliott Wave Uptrend 5-Wave Projection | Ascending ChPrice action and chart pattern trading: Elliott Wave 5 wave projection
> Ascending channel global pattern with i - iv wave ending diagonal formation : ii wave retraced 0.786 of i wave, iii wave ABC diagonal extended 1.242 of i wave with a bull outlook of further rising.
> 4-wave could retrace below the current local rising triangle wave as a temp bear outlook.
> Final 5 wave projected between 1.0 of local i wave and 1.618 extension of iv wave
> RSI and MACD bullish signal above baseline.
Always trade with affordable risk and respect your stoploss.
SAK bullishness*NO fundamental analysis*
SAK is on the rage after breaking out the significant trend line. Now, it is heading to the major zone of the market structure. If it breaks the red zone, it will lead to a huge move to the upside.
The RSI is also supporting the price on potential bullishness.
PTTGC upside*NO fundamental analysis*
My bias is on a long side for PTTGC, a stock in SET.
Technically, the LH and the main trend line is broken. It implies that bearishness has shifted out from the market. It is a better try to buy, but we need to be patient for the throw back to demand zone.
The RSI is getting hotter which significantly shows bullishness in this stock.
BTG | Elliott Wave Projection | Inv. H&S Breakout +8%Price action and chart pattern trading setup:
> A potential reversal pivot point with an inverted head & shoulders breakout and pullback ENTRY
> Target: 1.0-1.618 fibonanci extension ABC uptrend wave +7-8%
> Stop: Inv. head zone position -4%
> RRR: 2:1 minimum
Always trade with affordable risk and respect your stoploss
CPALL | Elliott Wave Projection | Bull Flag Pullback Entry +20%Price action and chart pattern trading
> A potential mega bull flag major 4 wave breakout & retest SMA200W for entry opportunity
> Target: 1.414 - 1.618 fibonanci extension +15-20%
> Stop: -7 - 8% SMA20W - 50W zone
> RRR: 2:1 minimum
Always trade with affordable risk and respect your stoploss
TTB | Wave Analysis | Triangle 4-wave Trading SetupPrice action and chart pattern trading
> An overall global leading diagonal pattern with a possible A -wave uptrend with minor triangle 4-wave
> Target minor 5-wave of local A wave at 0.5 - 0.618 retracement global 4 wave +8-10%
> Stoploss @ lower triangle support - 3 - 4%
> RRR: 2.5:1
Always trade with affordable risk and respect your stoploss, nothing is 100%!
PRM Graph Target ( Green Buy Zone)Sharing PRM Graph Target from 7/2022 in buying zone (Green) , They can making new high >9.80
TH | Bullish Bat Harmonic | Breakout Signal Entry Position TH | Thailand SET Index | Financial Sector | Price Action & Chart Pattern Trading
Chart Pattern: Falling Channel - Bullish Bat Harmonic Pattern
Price Action: Breakout Entry Position
Indicator:
> RSI Bullish signal crossing up MA line above 50.
> MACD Bullish - golden cross signal just below the baseline.
Trade with affordable risk ratio 3:1
Trust in your system indicator
Never panic trade
Always respect stop-loss
Goodluck
DP
CHAYO | Elliott Wave | Correction Projection - 25%Price action and chart pattern trading
> The current price C-wave correction is moving within a falling flag
> Potentially 4-wave uptrend targeting 0.5 retracement of 3-wave approaching / fakeout SMA200 day resistance zone.
> Entry @ SMA200 breakdown
> Target @ 0.5-0.618 Wave 3 extension zone -25% - 30%.
> Stop @ 8% previous 1-wave correction zone
Always trade with affordable risk and respect your stoploss
IIG | Elliott Wave Analysis | Falling Wedge Breakout Target +22%Price action and chart pattern trading setup:
> A minor wave 2 correction ended with a falling wedge breakout with a potential target +22%.
> The current price is trading between SMA200 and SMA50 - a possible pullback entry at SMA50 and 20 golden cross price position.
> Stop @ the lowest inverted head & shoulders -7%
> Risk reward ratio: 3:1
Always trade with affordable risk and respect your stoploss.
Good Luck
SAWAD and Buy on Dip SetupSAWAD is one of my watch-list stocks, category of leasing company. There was golden cross signal in early this year and I have waited for another entry. Buy on Dip is one of my favorite signal to buy the stock at limited risks. Good luck for your trading.
BPP | Wave Analysis | Bullish Divergence Uptrend Target +25%Price action and chart pattern trading setup:
> ABC correction - main downtrend channel breakout in TFW and bullish Anti Nenstar pattern - possible a major trend reversal pivot point
> Indicator: MACD / RSI bullish divergence - strong reversal signal in TFW
> Entry @ Breakout retest zone SMA50 - 20
> Target @ TP1 17.2 + 15% Inverted Head & Shoulders Target / TP2 18.7 + 25% - Falling Wedge Target - 0.618 Fibonacci retracement and volume profile POC
> Stop @ Inverted head position -7%
> Risk reward ratio: 2:1, 3:1
Always trade with affordable risk and respect your stoploss - nothing 100%
FORTH | Elliott Wave Correction | Breakout or Fakeout? Price action and chart pattern trading setup
> A possible strong rising uptrend 4 Wave correction making a false breakout at EMA200D
> Wait and see at EMA200 retest confirmation
> Entry: EMA200D breakdown
> Target 5 wave correction of A-wave at EMA200 week -40% downside
> RRR: 3:1
WICE - weekly chartAfter profit taking by Insti investors due to slower profit. Share price is now parking at EMA200 weeks with stable profit QoQ. However, China's re-openining policy, WICE is expected to get back to the track once again.
TIPH | Elliott Wave - Wave 4 Uptrend Target or A Bull Trap? Price action and chart pattern trading - A possible bull trap false breakout SMA200D
> The price strong breakout last week could be forming an inverse head & shoulders pattern for a possible 4-wave correction uptrend
> Wait for a pullback to complete the right shoulder consolidation pattern.
> Entry : breakout - right shoulder after pullback consolidation
> Target: Upper resistance +10-15% (0.382 - 0.5 Fibonacci retracement zone)
> Stop: right shoulder support - 4%
> Risk Reward Ratio: 2:1
Always trade with affordable risk and respect your stoploss
Good Luck
