Trading Opportunities in SGX-Traded Thai Companies
Check out Joey Choy’s technical analysis of Thai stocks traded as Singapore Depository Receipts (SDRs) on SGX as he identifies upcoming trends and opportunities.
Airports of Thailand ( $Airports TH TH SDR1to1 (TATD.SG)$ ) trends closer to its support level of S$2.20 (THB58) with a 13% upside to its resistance level of S$2.50 (THB66).
PTT Exploration & Production ( $PTTEP TH SDR 1to1 (TPED.SG)$ ) tests its resistance of S$5.70 (THB150), with 20 days Moving Average showing signs of an upward reversal.
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