20181228 Case study of trading the 9 in SET:PLANB weekly graph.

28 Ara 2018

With use of Graph Reader Pro 4.0 for TradingView, trading opportunities in a Thai advertising company SET:PLANB are easily spotted in a weekly graph. Price movements of PLANB have been in "Lightning" patterns as shown as green arrow paths in the picture. When the CC59 counting progress up to -9 or +9, price reversals tend to follow. A count to -9 suggests an opportunity to buy PLANB itself or its corresponding CALL derivative warrants (if available in the market). On the other hand, a count to +9 suggests an opportunity to buy PUT derivative warrants referencing PLANB's price (if available in the market).