AOT trade ideas
AOT | Wave Projection | Rising triangle ABCDE Uptrend TargetPrice action and chart pattern trading setup
> Rising triangle ABCDE pattern @ breakout neckline position
> TP1 estimated @ height of E wave +17% upside 1.618 extension of CDE wave
> Stoploss @ triangle support -8% downside
> RRR: 2:1
Always trade with affordable risk and respect your stop
AOT and WTZ1+Buy on DipAOT has been consolidating in the trading range for several months due to effects of Covid pandemic to the airport operation. However, after the situation becomes better, some investors expect company's revenues will return. Expectation reflects to its technical signal on WTZ1. After its price broke out the range, I wait for it pull back until buy on dip signal appears. Managing your risks is still strongly recommended. Good Luck!
AOT Week 11/04/2022 Price 66.50 [Collect the power to Fly]AOT Week 11/04/2022 Price 66.50
1. The price is still rising above the EMA 20/50/100/200.
2. The price has raised the base continually.
3. The price cannot pass through the area of 70 baht.
4. There is a cumulative amount of purchases greater than sales.
strategy
1. Watch the price of 70 baht. If the price passes, continue with 73.75/83.25.
2. Zone, accumulated buy 66/62.25/60.75/58.50 and may take profit in the 70 area first.
Thailand SET: AOT |Speculative follow buy | TP1 69 Baht (+10%)Thailand SET - AOT | Airport of Thailand | Speculative Buy | Break (Follow) Buy
TP1: 69 Baht (+10%) TP2: 74 Baht
SL: 61.75
> Key Timeline and Big lot Banker Chip Update
> Phuket and Samui Plus Sandbox started
> Bangkok and Thailand Reopen 1st November
Risk:
> COVID Delta Wave 4
> Reopening postponed again
AOT Week current price 63.50 bahtAOT Week current price 63.50 baht
The price has passed the best point in the area of 55.75 baht.
+1. The week frame is an uptrend.
+2. The purchase volume is very large.
-1. Momentum begins to leverage
------------
Strategy
Wait for the price to stand above 63.75
Buy and make profit 68-72.50
SL if the price breaks below 59.50
A new blue support at 0.38 THB in 4H chart of AOT01C2108A.On 24 Mar 2021 13.00 hrs, a new blue support of 0.38 THB showed up In a 4H chart of AOT01C2108A. The price then bounced this level upward. A green upward arrow then appeared to show that both SMA5 and SMA6 were in upward direction. The first resistance level waiting above is at 0.48 THB.
AOT (SET) - Move in ChannelHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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AOT (SET) - Move in Channel