Kingsford Securities has given an investment strategy on three Thai stocks for the trading session on 19 January 2024.
Kingsford recommended speculative move on Genesis Fertility Center Public Company Limited (mai: GFC), seeing the candlestick moving sideways up with a trading volume that indicates gradual accumulation. MACD / RSI also has positive signals.
The stock should continue gaining to the resistance level at THB12.20-12.70 with a support level at THB11.40 per share. A stop loss should be at THB11.00 per share.
Kingsford also recommended to speculate SKY ICT Public Company Limited (SET: SKY) as the candlestick showed a recovery with accelerating trading volume. The MACD / RSI is relatively stable in a positive trend. The price should continue to rise to the resistance level at THB30.25-31.50 with a support level at THB28.00 per share.
Additionally, Kingsford also recommended speculation on Thai Union Group Public Company Limited (SET: TU) as the candlestick moved up to break the first resistance level with a trading volume that indicates gradual accumulation. MACD / RSI also has positive signals. The price should test the next resistance level at THB16.10 with a support level at THB15.30 and a stop loss at THB15.00 per share.