Thai SDRs hitting highs in Sep!
3 Thai Stocks Listed on SGX Ready to Skyrocket After the Fed’s 0.5% Rate Cut - by Joey Choy
🏦 Kasikorn Bank ( $Kasikorn BK TH SDR1to1 (TKKD.SG)$ ) broke key resistance THB 150 (S$5.85) which turned to support. Uptrend that started in August looks intact, with 20 day moving average sloping up. Entry on dips above support for upside to THB 160 (S$6.24).
⚡ Gulf Energy ( $Gulf TH SDR 1to1 (TGED.SG)$ ) uptrend remains intact as long as prices hold above resistance-turned-support level THB 55 (S$2.14). Potential entry on dips above this level to ride uptrend to THB 60 (S$2.34).
🔌 Delta Electronics ( $Delta TH SDR 1to1 (TDED.SG)$ ) is holding well above psychological support of THB 100 (S$3.90). Potential entry near support for upside to THB 120 (S$4.68).
🏦 Kasikorn Bank ( $Kasikorn BK TH SDR1to1 (TKKD.SG)$ ) broke key resistance THB 150 (S$5.85) which turned to support. Uptrend that started in August looks intact, with 20 day moving average sloping up. Entry on dips above support for upside to THB 160 (S$6.24).
⚡ Gulf Energy ( $Gulf TH SDR 1to1 (TGED.SG)$ ) uptrend remains intact as long as prices hold above resistance-turned-support level THB 55 (S$2.14). Potential entry on dips above this level to ride uptrend to THB 60 (S$2.34).
🔌 Delta Electronics ( $Delta TH SDR 1to1 (TDED.SG)$ ) is holding well above psychological support of THB 100 (S$3.90). Potential entry near support for upside to THB 120 (S$4.68).
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