The Pullback from the break from the support of the triangle is completed. This is simply bearish and the price of KHC should go down lower
There was an extreme case of dead cat bounce and now its time for the index to go back down
The Thai baht should get stronger along with the recent rise in the SET index. The weekly MACD has also already crossed down along with the baht hitting the resistance zone going down to break 33.00 Looking forward to future government stimulus and improved Foreign Direct Investment.
PAPA is in a structurally long term down trend and has a confirmed broken support and will go down very strong.
BABA has dropped on a violent gap making a very large window with no bounce in sight. The drop should be very fast
GRAB has broken the trendline on downward bearish momentum. The RSi is also in oversold meaning that it could go down further on bearish momentum.
This is clearly bullish as the RSI of TRNR has broken its previous high and is going to enter the overbought territory on massive volume. The Breakaway gap has happened to continue with bullish momentum. An interesting one to watch for a possible moonshot
CMG has went under the trendline plus the weekly MACD is crossing down
AURA had broken out of the Bollinger Band and the Trendline resistance which is a good candidate for a breakout trade
There is a trading range with a potential breakout ready as there is a shortfall which usually tells the direction of the breakout which should begin to break resistance. The RSI is also trending up.
The monthly MACD on KHC has crossed down a while ago but the opening gap down from the long term channel should breakout and continue further going back to previous lows
"Experience the beauty of technical analysis with a creative twist! 🇹🇭 This chart of the SET Index transforms moving averages into the iconic Thai flag, blending art and market insights like never before. A true celebration of Thailand’s spirit and the dynamic world of trading. If you love seeing markets through a unique lens, don't forget to like, share, and...
Six has broken the linear regression for a good potential trend up
The weekly MACD for AMD has generated a signal with bullish momentum up
XOM has broken out of the upper band of the bollinger band and is ready to trend up. Keep a close eye on this one.
We go long SMCI as there is positive bullish divergence on the RSI setting the target to the high in Q1 2024.
We can see that the trendline has broken with confirmation and should see the price going lower.