- The minimum target of an elongated flat is 61.8% of intermediate w(c) @P: 177
KBANK -VolumeinConsolidation -+/- 1,960 M Shares
On timeframe Week, Bullish Divergence shows on graph. It is a good sign for monitoring the price. Let see what's going on KBANK.
as i said in my last TA if we keep testing 80 THB area we may brake it down and head in lower price. for now we may test 67 _ 68 THB area and we just bounce on there to the upside otherwise we will drop to 60 THB price . fandamentally k bank look so weak on chart , let see if buyers here to pull the market up . as its a good area to invest .
( 080.25 ) off fib (80 THB ) has hold the trend so strong. but if we keep testing it we may even go lower. in upside 97 THB area is still a major horizontal resistance for kbank. i will buy after this resistance confirm its brake out
I see the opportunity to buy KBANK it has very high chance to fly up soon If you like my signal please help to like and follow Thank you
as i said as my last analys we get good support and going to retest 97 area and if we can close the candle above97 so 106 to 110 by next week is not out of view otherwise we will head down and test again 88 - 89 area
we may trade in this bearish flag if you may call it , and we may see some brake otherwise trend will take us downside , not a good days for bank anyway. investor are away from bank actually thats why weakness are here . we also have 94 resistance over our head but is not strong resistant . we may test that area also to confirm our trend way
are we going to pass or reject ?? we may see some reversal price to retest the 97 area and will see but rejection on first test is may push trade price to 85 area
let see tomorrow how market can hold this support line.
As you can see the chart, It’s shows head and shoulders pattern in the past. Hence, It significantly represents a downtrend at the moment to continue the effects. Note! Keep in touch with the price, waiting for the price has been increased together with high volumes.