PSL | Thailand SET Index | Transportation Sector | Re-entry Buy Position @ Bullish Breakout Falling Wedge Resistant Level - a possible Elliot Wave Position 2 of Grand Supercycle correction phase.
The PRICE ACTION TRIGGER of BUY position is the BULLISH BREAKOUT of the resistance of the 3-DRIVE FALLING WEDGE reversal pattern, possibly crossing up EMA100 or retesting the wedge resistance for conservative buy. I highly recommend not to get caught by false reversal trend and wait for a bullish breakout violation of the last lower low level. > Good sign of Banker Fund Flow divergent > Volume Accumulative Index divergent signal > Strong Banker Chip and Smart Money signal
Upside fundamental factors: > BDI and Supramax Index still on the upside. > Q321E outstanding financial performance
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