Analysis on SET INDEX: New low with weak momentum
Hi all,
Long time no see,
SET INDEX make a new low and confirmed.
The nearest target will be 1293 where it then might push up to look like a turnaround again.
Aside from a few stocks with stand strong, it is better to cut some or cut all to see where it went down.
From my perspective only a few stocks are standing firms e.g. new 2 IPOs, elect, and food exporter.
Best of Luck
TraderPP
Long time no see,
SET INDEX make a new low and confirmed.
The nearest target will be 1293 where it then might push up to look like a turnaround again.
Aside from a few stocks with stand strong, it is better to cut some or cut all to see where it went down.
From my perspective only a few stocks are standing firms e.g. new 2 IPOs, elect, and food exporter.
Best of Luck
TraderPP
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.