ลงทุนหุ้นไทย Thailand stock investment: [PTT]

Friday, June 1, 2018

You had 9 months to buy PTT at lower than IPO price. It takes time for most IPO stocks to build up the share price.

Seventeen years ago (December 6th, 2001), IPO shares of PTT were distributed to the public through branches of 5 commercial banks. The shares were sold out within a few minutes. The big crowd of people lined up in front of the banks for hours did not get the shares. Most of them are now still think that the distribution process was unfair. The fact for this case was that they did not understand the IPO process and stock investment in general. The chart above shows that they had 9 months to buy PTT at lower price than people who managed to get the shares on that day.

Most IPO stocks need time months or even years to build up their share prices. If the stocks were good ones, you could always buy them later on. Stop blaming others for your own ignorance.

Investors who want to learn how to read market stories from the charts can consult me (Dr. Nimit Chomnawang) at [ m.me/nimit.chomnawang ].

[ ลืมตลาดไทยที่เล็กจิ๋ว เอาห้าพันบาทไปลองลงทุนในตลาดโลกกันดีกว่า ]

Thursday, July 6, 2017

PTT the big picture 20170706.

In the above weekly chart of PTT, there are 5 simple moving average lines including pink sma5, yellow sma20, red sma40, aqua sma50 and white sma150. During the long bull market, these sma lines have shown developments in price rally by the following series of events:
pink crossed above yellow,
pink crossed above red,
pink crossed above aqua,
pink crossed above white,
yellow crossed above red,
yellow crossed above aqua,
yellow crossed above white,
red crossed above aqua,
red crossed above white and
aqua crossed above white.

After that, a bearish divergence of price and sto533 could be clearly observed. Price correction could be seen since the peak of 430 THB. A series of sma crossing events suggests that the correction ending has not been confirmed. Bearish sma crossing events since the peak include:
pink crossed below yellow,
pink crossed below red.

More developments on bearish sma crossing might further happen since this correction has not reached the popular level of 61.8% (348 THB) yet.

ถั่วพุ่ม ในกระถางทราย รดด้วยน้ำปุ๋ยออร์แกนิกจากตู้ปลาทองโกลดีนและแฮรี่ ฝักอวบ หวานกรอบ ปลูกไว้เป็นผักสดที่บ้าน เดินออกมาตัดกินได้ตลอด ใคร ๆ ก็ทำได้ครับ

Cowpea grown in a sand pot and fed with nutrient water taken from an aquarium of Goldeen and Harry the goldfishes. Fresh crunchy and yummy cowpea like this is very good for your health. Let's grow cowpea as fresh vegetable at home. Anyone can do it !