Thai stocks, afternoon session 4, brokers tap MENA-BA-PTTEP-YONG-GPSC-PT-AMATA
The Stock Exchange of Thailand (SET) index closed this morning (9 Nov.) at 1,393.56 points, down 18.21 points (-1.29%), trading value 25,590 million baht.
Mr. Wathan Chitsomnuk, Director of Strategy Analysis, Phai Securities said Thai stock market in the morning Underperformed more than other stock markets in Asia Receiving pressure from selling stocks in the retail sector, led by BJC, CPAXT, CPALL, from 3Q66 results coming out lower than the market expected. from increased costs
Including BH, it fell sharply after foreign brokers downgraded their recommendations to "Hold" due to concerns that the war in Israel would affect the Middle Eastern customer base. This will affect future growth because BH has more Middle Eastern customers than other hospitals. As for COM7 shares, preliminary results have not yet been found.
however Kasikorn Securities Indicates that COM7 shares have dropped a lot because the market is worried that the 3Q66 budget may be lower than expected after closing 40 branches, of which more than 50% are large branches.
For the afternoon trend Pye Securities expects the market to fluctuate in negative territory. Because there are no new factors to support Provides support 1,390-1,387 points and resistance 1,400 points
Investment strategy for this afternoon Analysts highlight 7 outstanding stocks
Kingsford Securities
- MENA recommends "speculative buying". The price level tries to stay above the 200-day EMA. Volume has accumulated while indicators are in good condition. Consider Trading Buy, place support at 1.86 baht, place resistance to take profits at 2.02-. 2.08 baht. If the price moves below 1.82 baht, Stop-Loss is recommended.
- BA recommends "buying for speculation". The price level is trying to swing up from the support level with the short-term EMA average line. Volume has accumulated while indicators turn to the positive zone. Consider Trading Buy, place support at 14.90 baht, place resistance to make a profit. Around 16.30 baht, if the price moves below 14.50 baht, Stop-Loss is recommended.
ASL Securities
- PTTEP Support 158.00-159.50 baht Resistance 163.00-165.00 baht Cut loss 158.00 baht
- YONG Support 2.00-2.04 baht, Resistance 2.12-2.22 baht, Cut loss 2.00 baht.
Global Securities
- GPSC support level 41.75 baht, resistance level 45.00-47.00 baht, cut loss 41.00 baht, closing price 43.00 baht, the price returned to stand above the EMA 5, 10 and 25 days and built a base for 5 consecutive business days with increased volume. This corresponds to the MACD and RSI signal values pointing upwards supporting the direction.
- PT support level 7.95 baht, resistance level 8.30-8.50 baht, cut loss 7.90 baht, closing price 8.05 baht, the graph stands above every EMA line, ready to create Higher High and with increased volume. This corresponds to the MACD and RSI signal values pointing upwards as support.
Innovation Exchange Securities
- AMATA Support 24.00 baht, Resistance 25.00 baht, Cut loss 23.20 baht.
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