Each week, we scan for securities that reached its support/resistance zone and have potential to rise as well as interesting securities. All charts present here are weekly chart, unless specified otherwise.
WARNING. This is not a suggestion to buy or sell.
SET Index was obviously broken through its 1500 support zone. That made the 1500 zone become the key resistance level. Bear back in control this round as Foreign selling force won the fight. From my point of view, SET might land around next support level around 1400. I will not hurry buying mass stocks right now because it is safer to wait for a clearly bullish signal around the 1400 support zone before taking any position!
No stock met our criteria this week.