Weekly Scan as of 29-May-2015 [BEC, BJC]

Each week, we scan for securities that reached its support/resistance zone and have potential to rise. All charts present here are weekly chart, unless specified otherwise.

WARNING. This is not a suggestion to buy or sell.

SET Index is still sitting in 1500 key support level. It has been trading sideways around 1500-1600 since August last year. Any significant breakdown below 1500 may trigger another leg lower to 1375 key support.

BEC almost reached its support level at 35 Baht. The overall trend is still down. Buying around this area might be a little bit risky. We shall wait to see any significant bullish signal to occur at this support zone before goes long. The breakdown of this support might lead price to next level at 30 Baht.


BJC is still in downtrend for more than 2 years and now price was sitting around 35 Baht support level for few months already. If price break this support, the psychological support at 30 Baht is on sight.


Good luck trading and see you next week.

About Alan Maleesatharn

CEO & Co-Founders of Polar Bear Fishing International, full time data manager and biostatistician at Siriraj hospital, a father to lovely wife and adorable son.