Thai SDR Monthly: Dec 23 – Some consolidation to start the year January 2, 2024 149

Summary of Performance in December & Outlook:

 

As we enter January, we are likely to see some consolidation for all 3 Thai listed SDRs. Amongst them, CP All Public Co. Ltd’s price structure is the strongest with a downtrend resistance line breakout in December while that of Airports of Thailand Public Co. is the weakest with a small range consolidation following a strong bearish selldown in November.

 

 

 

 

 

 

 

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

About the author

Profile photo of Zane Aw

Zane Aw
Technical Analyst
PSR

I analyze the stock market and conduct technical analysis to provide investment recommendations. I look forward to having a conversation with you in our in-house seminars and presentations to identify good risk-reward trading strategies together. I graduated from Nanyang Technological University with a Bachelor of Accountancy (Honours).

Get access to all the latest market news, reports, technical analysis
by signing up for a free account today!