TVO.R trade ideas

dukeposh

TVO | Thailand SET Index | Chart Pattern Trading > Top 10 dividend stock estimated 6+% annually > Megaphone - Falling Wedge Reversal pattern BREAKOUT @ DEMAND SUPPORT > Medium Term Target Zone at key Volume Profile Resistance > RSI bullish signal cross over MA above 50 > MACD bullish golden cross signal line Trade with affordable risk ratio 3:1 Always respect...

dukeposh Updated 

Speculative BUY: TVO - Thai Vegetable Oil - Q2/21 Est. +113% QOQ, +92%YOY > Weak Thai Baht - better export sales exchange rate > Future Soy Bean rebounded as a positive factor for animal food supply profit contribution. > Expect dividend 1.50 baht/share mid year (almost 5%, total year payout 8%) Risk: > SET declining due to COVID lockdown 3.0 w/ +25K cases /day

bnet17

TVO current price 31.50 +1. The price is in an uptrend. +2. The price is at the support line, lower frame. +3. Bullish Divergence at Sto,RSI strategy Buy, take profit 33.75/35.50/38.25 SL if price breaks down channel