S501! trade ideas
S50Z2020 - Daily analysis on 2-10-2020Daily chart
- Trading channel is 777.4 - 800.0
- A candle stick similar to hammer was shown on price chart at support area yesterday mean short term rebound.
- Downtrend in daily chart
Hourly chart
- Trading channel is 774.4 -787.5
- If price across 787.5, high chance to reach 793.
* Bias Short (belong to daily chart show downtrend.
* Rebound and Short strategy today.
S50Z2020 - Daily analysis on 29-9-2020For daily chart
- Trading channel is 777.6 - 801.5
- Bullish reversal candle stick pattern (morning star) was formed on daily chart, but it must be confirmed by today.
- Now, It's downtrend.
For 60 min chart
- Close price is 796.0
- High chance to reach 800 then throwback
- If price throwback isn't less than 788, that's mean price reversal on 60 min chart.
Strategy : Wait and see
S50Z2020 - Daily analysis on 28-9-2020Trading channel is 777 -790
- Candle sticks are at resistance zone.
- Bias short
- Wait and see strategy today
S50Z2020 - Daily analysis on 25-9-2020- Trading channel is 777 -790
- Doji show on daily chart yesterday
- High chance on technical rebound today
- Bias short
- Wait and see strategy today
S50Z2020 - Daily analysis on 24-9-2020- Trading channel is 790 - 805 but at 800 must be concern.
- Looking back on price chart, this zone is choppy market. It's hard for scalping trade.
- Bias short
S50Z2020 - Daily analysis on 21-9-2020- Trading channel is 814 - 831
- Reversal candle stick appeared on daily chart
- Price came back to test 819 and could be stand
- In 60 min chart, big white candle stick with volume shown on a chart.
- Bias Long target is 831, the next target is 842.
S50Z2020 - Daily analysis on 11-9-2020Daily time frame : Downtrend
Channel trading price : 816 - 830
- follow the same plan as yesterday
- If price stand at 830 in 60 min chart, price can be reach at 844.
- If price can't pass 830 Bias Short!
Please calculate RR ratio before open any position.
S50Z2020 - Daily analysis on 10-9-2020Daily time frame : Downtrend
Channel trading price : 816 - 830
- If price stand at 830 in 60 min chart, price can be reach at 844.
- If price can't pass 830 Bias Short!
Please calculate RR ratio before open any position.
Setup to short SET50 Looks like happy days are over, with lower highs and lower lows. SinceTuesday's Engulfing Candle didn't do much.
So here is my setup, if my Put is triggered
SET Future - short bounceSET Future S50U2020 - short bounce
some room for an upside to horizontal resistace, trendline resistace
S50M20 still on the green of action zone.The price of S50M20 still bullish side from the lower channel line. We expect the price will moving upward to test the previous high and might breakout to make new high.
S50M2020 on Monday25 may 2020TF 15 is the main TF. If tomorrow price jump down than 845.2, TF30 and 60 are going to be downtrend. The downtrend target for TF15 is 816.2. If going up tomorrow and make a u turn not over 884.2, price will come down and possible to make downtrend.
If the price want to be uptrend, it have to go further than 884.2. the target for uptrend is 960.7
High chance of the pullback to retest the supporting pointThis shape usually have a higher chance to break lower than to break higher. But its the good indicator to see wether it will confirm the breakout or it will go down to retest first. I’m ok with both. I already have tons of stocks which I bought at the very low price, and I still have cash to buy the discounted good companies.
This could be a SET reversal signalThe price is above the both moving average. There is a higher high with higher low. Many big-cap stocks have already shown the reversal signal. This could be a good short term technical buying point for some stock that have good risk/reward.
