PTT : A long side way down to nowhere!!PTT has a long down trend since it historical high.
I will wait until end of first half 2024.
PTT trade ideas
PTT | Wave Projection | Bullish Flag - Bullish Divergence Price action and chart pattern trading:
> A possible upcoming short term rebound B-wave of mega bullish flag 2-wave ABCDE triangle correction
> The price made LL last week from 34 baht support, assuming minor 5-wave of A leg to 32.75 baht then a strong buy back signal with bullish engulfing candlestick.
> Entry signal @ breakout recent resistance 33.75 baht
> Stop @ the current low 32.75 baht -3%
> Target 0.618 - 0.786 retracement 36-37 baht +8-10%
> RRR: 2.5:1
OR, KCE, PTT : SET INDEXStock : Set Index.
OR just broke it's trend line and testing the resistance as present on chart.
KCE support
And PTT now at supply zone, If break the heading up to the target as written on chart
.
Trade safe and fun
\DYOR from many sources before trade :P
PTT is breaking symmetrical trianglePTT is very laggard when compare to crude oil. Price will break symmetrical triangle if it can stay above 40baht. After break, it will move to 50-52 area.
PTT | Big picture | Symmetrical Triangle TFWPrice Action & Chart Pattern Trading
I don't know why I kept this stock for a few years and didn't take profit. This symmetrical triangle has been going on for 2 years++ and coming to a considerably narrow down for breaking point. Hopefully, it will make some sense at the end.
Trade with affordable risk ratio
Always respect your stop
PTT: Wait for the price to break through the BD line.If the price can break through the BD line, it can reach 75 some days. :)
PTT: DowntrendMajor Trend: Downtrend
Price pattern: Asymmetric Triangle
Candle Pattern: Bearish Engulfing
PTT (SET) - Be Carefull for bearish temporaryHumbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market.
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PTT (SET) - Be Carefull for bearish temporary
PTT, One of my best trade this month so far.The price opened near the floor, at 26.75. I waited for the trend reversal signal. Bought at 28.00 and sold it all around 30.5. Very good profit due to the big position. If you are also at the screen this morning, you would also see that this is the very easy-to-spot big mover. The volume is just so good that almost everyone can make some profit there, I think. *I personally think that the stock open at such a low price is not only just because the panic, but also because of those Forced-Sell positions. I really feel bad for them. Sometime the market is very unpredictable.
Support become Resistance | PTTAfter Fall below Support and Reach the Target of 100% of the width of the Range, Now PTT has Rebound to Reach the Old Support Line.
Does Support Soon Become Resistance????
Action: If Break, Buy Along. If Not, Short.
