Technical Pulse: PTT Public Co. (SET: PTT) May 30, 2023 119
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PTT Public Co. (SET: PTT) Potential retest of the descending wedge support.
1. The price has been trading in a descending wedge as it has been making lower highs and lower lows 2. The price could find support upon retest of the THB$29.50 level which is confluent with a recent swing low formed in March and the descending wedge lower trendline support |
CHART LEGEND
Red box = Resistance zone
Green box = Support zone
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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).