SCGP HIgh RS ***Trend analysis
Major-Downtrend
Minor-UP trend
***Pattern analysis
Major - Double Bottom
Minor - HH/HL
***Tactics
1.Buy on Weakness
2.Price> MA
3.MA Cross up
Expected TP RR 1:2.38
Have a good trade kub :)
1.25THB
5.25 BTHB
129.40 BTHB
1.18 B
About SCG PACKAGING PCL FOREIGN
Sector
Industry
CEO
Wichan Jitpukdee
Website
Headquarters
Bangkok
Founded
1965
ISIN
TH0098010Y13
FIGI
BBG00R951622
SCG Packaging Public Co., Ltd. is a consumer packaging solutions provider. Its products and services include fiber packaging, performance and polymer packaging, medical supplies and lab ware, food service products, and pulp and paper products. The company was founded in 1965 and is headquartered in Bangkok, Thailand.
SCGP - TFW Wave Target Reversal Projection - Bull Trap A potential bull trap scenario with one more wave downtrend.
1. First correction - Extended flat ABC
Wave B retraced 78.6% / w.a and w.C: extended 161.8% of w.A
2. Complex triangle ABCDE pattern
3. The current downtrend wave doubled zigzag ABC pattern with wave 4 in c leg targeting 38.2-50 % retrace
A new era: a departure from the past three decades.SCGP and its paper cartel have experienced a decline in their dominant position within the domestic market, where they previously maintained a strong monopoly and significant control. Historically, the paper packaging industry in Thailand has been recognized as one of the most expensive globally, la
SCGP and WTZ3 in DowntrendWhile market and most stocks move in downtrend, holding stocks or trading opposite the trend is not strategic idea. I try to pick up stocks moving in the same trend or early downtrend. SCGP is another one to use Surf on the wave technique to trade on the continuous trend. Swing trade setup is als
SCGP : SET INDEX (WATCHLIST) Everything is on the chart,
.
Btw.. KEX found its bottom
see link below
Trade safe n fun!
SCGP | Dragon Rectangle | Entry @ Doubled Bottom BreakoutPrice Action & Chart Pattern Trading Medium-Term Setup
> Dragon Rectangle - Doubled Claws / Bottom Breakout signal
Indicator:
> Smart Money and Banker Chip Volume support
> BBD Banker bullish signal above baseline
> Fundflow bottom with reversal pattern
> KDJ Stochastic on uptrend ribbon
RR: 2:1
SCGP : SET INDEXEverything is on the chart,
wait until weekly candle confirm, but weekly MACD doesn't look good
.
I still have to manage the stock portfolio even though im not really in it.
Feel free to feedback / comment and share ur ideas.
Thank you
SCGP| Bearish Bat Harmonic Parallel Channel | Target DowntrendBull trap with a bearish big bat harmonic pattern we did not spot until later.
SCGP | Inverted Head & Shoulders | Buy signal - TP 68.50 (+11%)Thailand SET | SCGP | Target Price 68.50 | Resistance 64.00 EMA50 POC VA | Stop Loss 59.00
> Inverted Head & Shoulders showing Buy Signal after recent Smart Money and Banker Chips strong signals
> Main Elliott Wave Position 4 with positive banker chip signal
See all ideas
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Frequently Asked Questions
The current price of SCGP.F is 28.00 THB — it has decreased by 3.45% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on SET exchange SCG PACKAGING PCL FOREIGN stocks are traded under the ticker SCGP.F.
SCGP.F stock is 3.57% volatile and has beta coefficient of −0.34. Check out the list of the most volatile stocks — is SCG PACKAGING PCL FOREIGN there?
Yes, you can track SCG PACKAGING PCL FOREIGN financials in yearly and quarterly reports right on TradingView.
SCGP.F net income for the last quarter is 1.22 B THB, while the quarter before that showed 1.32 B THB of net income which accounts for −7.98% change. Track more SCG PACKAGING PCL FOREIGN financial stats to get the full picture.
Today SCG PACKAGING PCL FOREIGN has the market capitalization of 142.74 B, it has decreased by 1.71% over the last week.
SCG PACKAGING PCL FOREIGN dividend yield was 1.53% in 2023, and payout ratio reached 44.99%. The year before the numbers were 1.05% and 44.40% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
Like other stocks, SCGP.F shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SCG PACKAGING PCL FOREIGN stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SCG PACKAGING PCL FOREIGN technincal analysis shows the sell today, and its 1 week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SCG PACKAGING PCL FOREIGN stock shows the strong sell signal. See more of SCG PACKAGING PCL FOREIGN technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SCG PACKAGING PCL FOREIGN EBITDA is 16.65 B THB, and current EBITDA margin is 12.86%. See more stats in SCG PACKAGING PCL FOREIGN financial statements.