Jump to content








  • Topics

  • Latest posts...

    1. 45

      Reasons of change

    2. 45

      Reasons of change

    3. 45

      Reasons of change

    4. 93

      Why Are You Even Here? The Surprising Attitudes of Some Expats in Thailand

    5. 112

      Thai Police Bust Multi-Million Baht Sex Toy Smuggling Ring

    6. 45

      Reasons of change

    7. 45

      Reasons of change

    8. 6

      Thai woman sends husband to prison for raping 13 year old niece

    9. 45

      Reasons of change

    10. 10

      Why Doesnt "Me Too" Apply to Democrats?

    11. 123

      Why Do You Even Drink?

    12. 93

      Why Are You Even Here? The Surprising Attitudes of Some Expats in Thailand

Thai stocks - Possible bearish short/mid-term outlook


Recommended Posts

Hello fellow traders,

I highlighted a bearish rising wedge last month in the SET

Today the SET broke down from a 5 months rising wedge, right at upper 14-month T/L, as it's been struggling getting through the 50% Fib.

Close triple support at 1373-76 (lower BB, 50MA, 38.20% Fib).

But should this support break, SET is likely to fall around the 1,310 area which could potentially erase 4 months gains.

Trade safe!

"Markets are never wrong, but opinions often are" - Jesse L. Livermore

"Markets can remain irrational longer than you can remain solvent" - John Maynard Keynes

Link to comment
Share on other sites


Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...