PSL | Re-entry Position @ Bullish Breakout 3 Drive Falling Wedge
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
https://www.kaohoon.com/breakingnews/487154
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
https://www.kaohoon.com/breakingnews/487154