Brokers see Thai stocks continuing to gain tomorrow, knocking resistance at 1370-1400 points.

Short-term speculation

Technical Investment Analyst Liberator Securities Said that the Thai stock index today was still able to hold above the level of 1355 points and was still able to close in positive territory. Maintain V-shape recovery cycle

The short-term direction is still positive. Thai stocks tomorrow(25 April 2024) There is a chance of continuing to fluctuate upwards. Resistance level 1380 / 1400 points, support level 1330 / 1300 points. Strategy to delay investment. Wait and see the base creation cycle.

“Thai stocks still bounce around in the short term. Therefore, when it rebounds, focus on selling to make a round, bounce up and sell because you still can’t rely on it.”

Weak in the rebound round

Analysis Department, Phillip Securities (Thailand) Specifies that SET Index hourly images The index began to weaken in the rebound cycle with minor resistance at 1365 points, while the MACD accelerated into the negative area. and is about to cut below the signal line. Be careful if the index cannot hold the EMA20 line, it may come back down to close the gap below 1350 points again.

Investment strategy The team recommends gradually accumulating stocks that show clear signs of reversing after falling sharply previously. Cut losses if the index cannot maintain a level above 1350 points. Looking at resistance 1370 / 1375 points, support 1355 points.

share CPAXT Technical view: Daily picture: Prices fluctuate sideways. Then build a base at 30.00 baht before the MACD lifts up, signaling a Bullish Divergence. After that, the price breaks out in the accumulation zone, hoping to increase with the previous high at 34.00 baht.

Therefore, the investment strategy recommends Buy on Breakout at 33.00 baht, aiming to make a profit at 34.00 and 36.00 baht, cutting losses if the price drops below 31.50 baht.

share BBIK Technical view: Daily picture: The price formed a base at the support level of 93.00 baht and then did not make a new low before swinging sideways, accumulating power within the range. Close to choosing a path, but from the MACD that has formed a Bullish Divergence and is about to cross the signal line, hoping for a breakout above EMA20-EMA200 back to the uptrend.

Therefore, the investment strategy recommends Buy on Breakout at 97.00 baht, aiming to make a profit at 100.00 and 106.00 baht, cutting losses if the price drops below 93.00 baht.

share SJWD Technical view: Daily picture: The price dropped to the Trend Line and then stood with a Bullish Hammer candlestick pattern in line with the MACD that was about to cross above the signal line. It is expected that the break has ended. Hope the price returns to test the previous high resistance level at 16.70 – 17.00 baht.

Therefore, the investment strategy recommends Buy on Dip at 15.50 baht, aiming to make a profit at 16.70 and 17.00 baht, cutting losses if the price drops below 15.00 baht.