Thai SDR Monthly: Oct 2023 Lacking momentum November 2, 2023 162

Summary of Performance in October & Outlook:

 

As we enter November, CP All Public Co. Ltd is likely to see further downside with its current weak price action. Airports of Thailand Public Co. could rebound with a recent test of support, however the upside is expected to be limited with fresh occurrence of a long-term uptrend breakdown. PTT Exploration & Production Public Co. Ltd is likely to see continued sideways consolidation ahead given a slowdown in bullish momentum.

 

 

 

 

 

 

 

About the author

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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).

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