PTT has a long down trend since it historical high. I will wait until end of first half 2024.
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 >...
PTT Buying Zone 30-35, Long term Stock with 5% / year
PTT TARGET 60.00 LONG TERM STOCK, WITH 5% dividend yield
Stock : 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 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.
Price 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
If the price can break through the BD line, it can reach 75 some days. :)
PTT My Idea Support Resistant Trend......................
wait for price action around the lower upslope line.
Major Trend: Downtrend Price pattern: Asymmetric Triangle Candle Pattern: Bearish Engulfing