Thaisetindex
TTB TP: 1.60Better banking outlook is good for TTB since the merger because it is still laggard compared to the sector. Target price expected between 1.60-1.80
TCAP: Long Upside about 20% Looking great technically, holding at 34.75 expected target price at about 42 according to Fibo.
Long SET:ZIGA. Episodic Pivot. Breakout of range + News on BTCChart looks good. you can see the volume coming in. Highest volume bar since IPO week. Stock has broken out above previous resistance.
SL below VS shelf + previous resistance.
Long SET:THREL. Breakout on the weekly timeframe. SL lodBreakout for SET:THREL on the weekly timeframe for a long term swing. Stops below 4.72 (Low of the Breakout day).
Good VA action. Tight action over the previous few weeks from an earlier leg up, form a flag and breakout on the daily/weekly.
SCC moving upwards. LONG. TP: 475.00 if it breaks through 405. Long SCC, strong support, accelerated upside with MA 50 crossing MA 200. Resistance at 405, after that it's takeoff.
DDD Long TP: 26"A company without any debts cannot go bankrupt." At the worst point for the retail/personal care products, the management team has managed to turn a profit in the first half of 2021, mainly targeting The Philippines. VWAP lies at about 32THB. There is room for growth yet with DDD with multiple brands and markets, especially with the pent up demand from China. Financially, DDD is very strong with a fair-to-expensive price and consistent dividend payment. As 2022 approaches, DDD has high expectations ahead, and should be able to meet them with 30% increase in revenue (not necessarily profit margins).
KEX:LONG Possible VI Hold?Kerry Express has increased its deliveries by over 15 million packages (nearly 11%) over the same half year period as last year's, as well as reducing the costs (although the price per package fell too, resulting in reduction of gross profit - perhaps from falling consumer purchasing power in Q2). Future expansions include Kerry Cool Express (cold chain delivery) for temperature controlled goods, Kerry LTL for small freight, Kerry Wallet (a new payment system in partnership with SABUY). I believe Kerry will be Asia's UPS, Fedex or DHL, if not better. Systems will eventually be fully immersive and connected seamlessly between different countries. Definitely a VI hold, if one looks beyond the current domestic competition and economic situation. Price is fair and uptrending, as it should be for the market leader.
SET50 INDEX FUTURES IN DOWN TREND #SET50Indicator:
PLF :- No profit chip!
TREND WAVE : In bearish trend (main line is yellow colour, red candle below yellow main line), possible short term pull-back but resistance at trendline.
BGC Uptrending with volume. Great set-up from BGC. Big Volume breakout at 10.30. Trendlines looking good, look to buy. Target Price at about 12.80-13.00 Exponential Moving Averages upward cross. Fundamentals looking solid.
End of Downturn for BIGBIG Camera seems to have been through it's worst. Online sales seems to be doing much better, although site traffic is still in a downtrend. Now awaiting reopening of tourism which has a lot of pent up demand, while the camera boom 5 years ago seems to have completed its product shelf-life. Granted smartphone sales has taken a lot of the digital camera market, but accessories, travel and action related products as well as demand for visuals in the marketing industry (especially video) will play a big role. Predicting we will see a boom by the Q1 2021.
DCC LongLong if it can stand on support 2.72-2.76. Market overreaction to a spike of 200 cases in Thailand (which should be easily contained). Technicals and financial statements look good. Target between 3.40-3.72
SUPER growth TP: 1.30-1.40SUPER ENERGY recently increased its total capacity by over 30% with a Solar Farm in Vietnam (550MW), this should drive revenues and future profits proportionally. In the short term, some pressure from a strong Thai Baht. Technically it looks good, cannot fault. Strong resistance at 1.10 and strong support at 1.00-1.05. Long if it breaks through 1.10.
LONG SCCC. TP:180.00Long all-in on SCCC. Good support on the bullish trendline, chance to break out of the long-term down trend at 180, when MA 50 crosses MA 200. Strong resistance at 180, re-evaluate then. Personally holding at 142.
BCPG is going downBCPG is currently in the weak momentum for both TF day and TF week.
The idea is to Short when it's Breakdown the yellow line.
the first target price is at the Blue line
Cutloss when it goes againt Short at 15.40
Price moves into long term bullish support. Long BEM. TP: 10.50BEM's initial drop due to traffic dropping 20% as a result of COVID. As a business, it is highly sustainable (rights to collect highway tolls and metro fees after build), with a big opportunity to grow as the country develops. Long.
SET is still make everyone like on a Dance floor (Hard Sideway)
SET is still in a very hard sideway and ready for the explosive Up or Down trend.
The idea is to waiting for the breakout of either way and if the retrace isn't getting back to the old sideway range. That's the real good time for the Huge $$$ :)
SET Index to hit 2-year new low (Weekly Chart)After SET index breakout 5 years channel at 1600.00, it retested to 1600.00 support line and showed the weakness breakout as long red and short green candles.
It dipped a little new low at 1590.00 so this notices the bearish sign of lower high and lower low.
Forecast : Bounce to 16500.00 and plummet to 1500.00/1350.00
Thai SET Index - forming Ascending Triangle - Soon to break out?Hi guys,
I think Thai SET Index is forming the ascending triangle pattern, which I think might move in the side way for awhile before breaking out.
Please let me know what you think.
Note: This is just my personal opinion, not a financial advise.
