VGI | Wave Projection | Inv. H&S TFW Breakout Target +30% upsidePrice action and chart pattern trading setup & target
> This wave analysis in weekly timeframe indicates a possible new 1-wave ABC uptrend reversal pattern with an inversed head & shoulders pattern support.
> ENTRY: A possible pullback trade at neckline breakout zone
> TARGET: head & shoulders ta
0.04 THB
−3.49 B THB
4.54 B THB
About VGI PCL
Sector
Industry
CEO
Shun Leung Lap
Website
Headquarters
Bangkok
Founded
1995
ISIN
TH3740010R16
FIGI
BBG003BYYGM9
VGI Public Co. Ltd. engages in the provision of advertising solutions. It operates through the following segments: Transit, Digital Services, Distribution, and Other. The Transit segment covers the provision of advertising services in BTS stations, inside BTS trains, on BTS train bodies, on BTS Column and the rental of retail space at BTS stations. The Digital Services segment consists of electronic payment services and other finance services such as insurance broker and digital loan. The Distribution segment comprises of the sale and distribution of technologies products from China, including OEM products. The Other segment refers to advertising services in office buildings, and others. The company was founded on April 5, 1995 and is headquartered in Bangkok, Thailand.
VGI and Triangle PatternWhile VGI was forming Triangle pattern, we expect it would breakout up the triangle with uptrend. However, it chose to go down instead. Thus, we still use the pattern for trading in downtrend. The 1st Target price as Fibo P.61.8% of height of triangle is expected. We made the trading plan as the
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.