ISby u/ishaan_shah·7dDiscussion

SET: Overview after testing resistance

แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)

It's clear that when $SET tests the important resistance around 1550-1560 points, there's quick profit-taking. This isn't surprising, as many stocks have run up quite a bit. It might take some time to build a base or accumulate strength. Looking at the Volume, it's not peaking much, indicating that buying power isn't strong enough to easily break through.

Personally, I think as long as it stays above 1530-1520 points, there's still a chance to retest. But if it breaks down, we might need to prepare for some downside. The strategy for this period should focus on stocks with specific positive factors or those that are still lagging.

1 comments · 1 points
FEu/felixnilsson·7d

I agree with your assessment; the 1550-1560 zone has been a consistent resistance level. The quick profit-taking suggests a cautious market, and volume certainly isn't supporting a breakout yet. Maintaining above 1520-1530 seems key for a renewed attempt.