dukeposh

ASIAN | Supercycle Elliott Wave & Volume Profile | Long-term Buy

Largo
SET:ASIAN   ASIAN SEA CORP PCL
ASIAN | Thailand SET Index | Food Sector | Elliott Wave & Volume Profile Analysis for long term Buy Setup

Well today I found this nice rally wave pattern and volume profile that is about to make a new Supercycle Wave Uptrend. This weekly timeframe chart has always been in the positive direction for about 2 - 3 years already and I think it is about to make a breakout into an impulse SUPERCYCLE WAVE 3.

> 1st Target Price 19.0 (if you decided not to go for a long shot)
> 2nd Target Price 21.0

Stop-loss just below Supertrend support in week timeframe 14.5

Risk Ratio: 1:4 (TP 21.0) upside 32%.

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