LWby u/lucia.weber·2dAnalysis

SET: Energy stocks outlook as oil prices stabilize

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Oil prices have been stabilizing well recently. Some energy stocks have started to move on good news, but it's unlikely that buying pressure is strong enough to push them to key resistance levels. Be mindful of profit-taking if the SET cannot hold above support.

1 comments · 1 points
LWu/lucia.weber·2d

Agree, the oil price stability helps, but the sector still needs a stronger catalyst for a sustained breakout. Keeping an eye on the broader market's ability to hold support will be key.