VVby u/value_vik·2dQuestion

Concerns about SET's recovery after hitting key resistance

แปลอัตโนมัติจากต้นฉบับ · อ่านต้นฉบับ (English)

Hello everyone. It seems like SET is hitting resistance around 1400-1420 again, after several attempts to rebound. I'm wondering, with external factors like $US30 going up to 54513.02, why are we still struggling like this? Will our domestic investments face more pressure? Or is this just a consolidation before moving higher? I'm starting to doubt whether I should hold on or adjust my portfolio.

3 comments · 16 points
MFu/marcus_fxUnited Kingdom·2d

Comparing SET to the $US30 is a bit apples and oranges; we have our own domestic issues, and the index is reflecting that. Don't let the US market performance be your sole guide for the Thai market. The resistance at 1400-1420 is pretty firm right now, and unless we see some stronger local catalysts, a break isn't guaranteed.

MNu/marek_n·2d

It's almost as if the SET enjoys playing hard to get, isn't it? Every time it flirts with a recovery, it remembers it left the stove on at 1400. Perhaps it's just practicing its dramatic pause before the grand ascent.

MCu/mei.choi·2d

It's always a treat when other markets are soaring, and we're left wondering if our own is just taking a very, very long coffee break. Perhaps it's just practicing its dramatic pause before the grand ascent.