STA has a change to going up again, after a long way down.Support: 14.6
Stop loss: 14.4
if on Monday 10th Feb , opening price is equal or greater than 14.4, it will be a great chance that STA will going up, at least to test the EMA25.
Momentum and volume profile on Fri, 7 are very promising, with buyer comes to the place.
NC2 trade ideas
STA | Elliott Wave Projection | ZZ Correction ABCPrice action and chart pattern trading setup
> Leading Diagonal Family now the zigzag primary wave 4 can not go lower than wave 2 (slight overlapped maybe possible practically.)
> If wave 4 is a failure, the current wave would be reset to wave 2 and projected wave 3 would become wave 1.
> Wave 4 is always zigzag family - sideway breakout is optional as a combination with flat
> Wait for confirmed new wave breakout before entry at wave 2 or wave 4 minor
> 1st target for long can be set at 0.5 to 0.786 retracement top of wave 3
> The Final target at wave 5 always ends beyond wave 3 at 1.236 or 1.618 wave 4 retracements.
> Recommended risk reward ratio at 3:1 for medium and long term trade.
Always trade with affordable risk and respect your stoploss.
STA | Super Powerful 3-DRIVE Harmonic Pattern-1st break 36 weekSTA | Thailand SET Index | Agricultural Sector | Price Action & Chart Pattern Trading - The 1st Breakout
> Super Powerful 3 Drive Harmonic Pattern in Week Timeframe total 36 weeks / 250 days. I totally admire the attitude of patience for the time and embracing what comes next with this kind of powerful pattern
> Entry @ Breakout Zone to confirm the reversal pattern
> RSI, MACD bullish crossing signal line
Below link for version Banker Smart Money, fund flow, and BBD Indicators
Trade with affordable risk ratio 3:1
Always respect your stop-loss
Good Luck
STA| Testing support - Rising Wedge - TP 37.75| SL 32.50STA | Thailand SET Index | Agricultural Sector | Price Action Trading
> Testing the support rising wedge if dropped below 33.00 would reset the uptrend pattern
> Strong Smart Money and Banker Chip signal
> Big Lot Volume Support Continuously
> CDC Actionzone - buy position
Fundamental Factor:
> Positive +YOY Q321E performance
> New business Hemp Plantation government FDA approval
THAILAND SET: STA - EXPECT TURNAROUND TP - 47.00 | STOP LOVE 30> STA has successfully received a hemp cultivation license from the FDA.
> On an experimental plot with a total area of 5 rai in Lampang Province To sell all seeds, leaves and roots obtained from planting to customers as agreed upon by contract.
> DIGITAL TRACEABILITY: Proactively make a difference by applying Digital Traceability principles to every produce from the farm. The source of seeds can be monitored and viewed digitally in real time. Hoping to build new businesses to strengthen the Sri Trang Group.
> VOLUME PROFILE: Retracing back to main volume profile - 47.50
> TARGET PRICE: The first target price to break EMA200 at 37.00.
> RISK: LOWER RUBBER FUTURE PRICE CONTINUED.
Sri Trang (Nine-tenths of education is encouragement!)View On Sri Trang (17 Aug 2020)
Sri Trang is experiencing big position swaps and it is proven the showing up of big volume.
Since both sellers and buyers are getting aggressive, it is better to stand aside first and re-evaluate. At the same time, it is good to watch out for the break out candle.
I am seeing as long as no bullish candle show up,it should retest $1.16 region again.
DYODD, all the best and read the disclaimer too.
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Thank You!
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