BANGKOK COMMERCIAL ASSET MGT PCL
Long
Updated

BAM | CUP & HANDLE | Estimated TARGET | ENTRY Position

BAM | Thailand SET Index | Financial Sector | Chart Pattern Trading

Chart Pattern: Cup & Handle Target Estimated on weekly timeframe
Price Action: Entry position - Buy on breakout
Indicator: RSI and MACD Bullish signal support with large gap above RSI MA and MACD signal line above 0

This is a medium to long term buy, Stop-loss possibly a bit more 5-10% below entry point

Trade with AFFORDABLE risk
Trust in your SYSTEM INDICATOR
Always respect STOP-LOSS

Good Luck

HNY 2022
Trade active
New Long Entry - possible Bull Flag with TP +20% wait for fake breakdown with bullish doji/hammer: snapshot

Disclaimer