I bias short side after close of the last weekI bias short side after close of the last week, this is just perspective and opinion not recommendations for investment and speculation
SET trade ideas
Analysis on SET INDEX: Short - Medium Term RetraceYo, this is me
At long last the SET INDEX broke down the speed uptrend line
which mean that, the selling force is more likely to come in.
for s50 traders, better expect it to come down to 1450 1430 first before
looking to long again.
Have a happy trading day !
TraderPP
SET INDEX 17 SEP 2024 Forecasting using Time Circled FiboWithin 9 October 2024
Support 1410, 1399, 1389, 1376, 1360
Analysis on SET INDEX: break downtrend line but. . .Dear all
Finally the major downtrend line is broken !!.
However, it surged for quite some time.
The upward momentum seem exhausted.
The view now is
UPTREND but MOMENTUM is EXHAUSTING.
if it retrace again, it would be the best shot to buy.
if it did not retrace deep enough, better find some stocks that are not too high.
Always have stop loss when trading.
Best Regards,
Trader PP
SET Monthly bias LongMonthly uptrend
maybe buyer 2 swings
Choch bos maybe bos 1 more
Now we're on ATH and SW
maybe triangle then break make ATH in three line zone
Warning !!!
keep eye on three line zone for reversal trend
wait and see reversal pattern on there
Analysis on SET INDEX: First Stop HereDear All
After the continuous rise in SET INDEX, it is now testing the biggest downtrend line, starting point at Feb23.
So, you should not be afraid if some sell pressure will come in,
The momentum is still there if no political event or big news occur.
If it retrace, it give you a chance to buy stocks.
But I do hope it fell to retrace once more, that would be the best to empty the ammo
Best
Trader PP
Analysis on SET INDEX: Look Dangerous Again Around 1330Dear all
In the morning, it looks fantastic to be able to break 1330.
But it ultimately closed below 1330 and with inverted hangman??.
So if tomorrow it drop below 1320 //
the downward momentum will come again.
If it is gonna go up 1330 must be broken !!
Best Regards,
TraderPP
Analysis on SET INDEX: Update after Black MondayDear all,
Instead of being the start of good momentum, it gap down and make new low.
But SET index then rebound and the support 1270 can spring back up.
Now it shift from upward momentum to consolidate in 1270- 1320 //
no clear direction // break down = cut or short // break up = buy
The good chance to open long is when SET cannot drop below 1270-1280.
The good chance to open short is when it enter the zone 1310-1320.
now it would be 50:50
Best Regards,
TraderPP
Analysis on SET INDEX: comeback again but same viewDear all
Based on Previous Analysis, I expected it to break 1330 and reach 1350.
However, the buying strength was not strong enough and got hammered after reaching 1330.
And now, it came back to the starting point with harmonic pattern.
Now the buy str is confirmed on Friday,
So, my view to reach 1350 is changed to 1400 instead.
Best Regards,
TraderPP,
Analysis on SET INDEX: comeback again but same viewDear all
Based on Previous Analysis, I expected it to break 1330 and reach 1350.
However, the buying strength was not strong enough and got hammered after reaching 1330.
And now, it came back to the starting point with harmonic pattern.
Now the buy str is confirmed on Friday,
So, my view to reach 1350 is changed to 1400 instead.
Best Regards,
TraderPP,
Analysis on SET INDEX: Great OpportunityDear all
As technical analyst, now is the time to bet for long.
It does the second leg with higher low.+ gap up.
this is yet another bullish signal. it should not drop below 1295 for this momentum to continue.
Best,
TraderPP
Analysis on SET INDEX: BRUTALDear all
Most big caps stock went down dramatically in t he morning, except for electronics.
Still, after many positions seem to be forced sell, unknown buying force suddenly push the index up continuously around 20 points. This is truly mystery.
I myself also cut some stocks but after seeing this phenomenon, I also buy them back at lower prices.
Overall, it is still down trend but this strong green hammer is changing the overall momentum upward, so we should stay with the up momentum.
Best of luck
TraderPP
SET index update by Box TheorySo I learn about Box theory(not Darvas box), it be a probability of price that should go to End of Box or Half-Box. THIS IS JUST FOR EDUCATION.
SET index of ThailandSo i am a Thai people, and i see a lot of sign about fear and much more fear. I think if it much of fear more i think it is a sign of the bottom and it near the significant zone of Resistance and Fibonacci level 61.8% retracement. THIS IS JUST MY PERSPECTIVE AND NOT RECCOMMENDATION FOR INVESTMENT OR SPECCULATION.
SET Index Thailand Long-term Idea investment opportunity
Thailand Consumer Morale Lowest
Bank of Thailand Holds Rates Steady
Thailand Inflation Rate Accelerates
Thailand Business Morale Edges Higher
Thailand Manufacturing Expands for 1st Time in 10 Months
Thailand Retail Sales Growth Tumbles
Thailand Private Investment Rebounds High
Thailand Personal Spending Rebounds High
Thailand Industrial Output Unexpectedly Rebounds
Thailand Jobless Rate Highest in Quarters
Analysis on SET INDEX: New low with weak momentumHi all,
Long time no see,
SET INDEX make a new low and confirmed.
The nearest target will be 1293 where it then might push up to look like a turnaround again.
Aside from a few stocks with stand strong, it is better to cut some or cut all to see where it went down.
From my perspective only a few stocks are standing firms e.g. new 2 IPOs, elect, and food exporter.
Best of Luck
TraderPP
SET will down and up in Q2'24Hello all,
As you see in graph this time is the opportunity for collect!!!
SET in the end of cycle 5 of 3 in C wave of correctionTHIS IS JUST MY PERSPECTIVE ON GRAPH, NOT RECOMMENDATION FOR INVESTMENT. In larger degree is in the corrective wave of wave c and in 3rd wave extension that actually end of cycle and will rebound a of 4 wave in C larger degree
Am positive (+) : SETSET:SET
Leading sector : " FOOD " , " HEALTH"
The highest share price that stocks have traded in the past year "INCREASE" (52w high)
& price structure solid , bad news price in..
Analysis on SET Index: Quite BrutalDear all
After it broke down, suddenly it become false break.
So, it clear the long position first then clear the breakout short next,
From short bias, now the status become super bullish instead.
It is quite brutal indeed - -
SET ( Last destination 1390 )
SET : Posible move down to 1390 at the last destination,
on the movement of C , Fibo Retrecement 61.8% And Fino Projection 1.618%
and 34 Week Time Cycle already reached .
** Next 55 Week on Jan 2024 by Final price is 1390 !!!!
Analysis on SET Index: say good bye for nowDear all
1350 is most likely to be broken,
i suggest TP and CL some or all
TraderApprenticePP
