WicePlan for collection
Base on Ema and drawdown under 6
Cut loss at5.65 when it close
Duke 12-9-2024
WICE trade ideas
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.
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.
Wice is one stock with strong fundamental support. SET:WICE
Wice is one of my favorite stocks which has profit over Covids19 and still keep in the strong trend in price until hit new ATH at 14.00 baht.
The Fibonacci extension target will be 14.7 and next 15.9.
However the price is going up around 100% this year, please consider to invest.
