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Technical Analysis: CGSI and Phillip Securities Recommend Stocks for Investment

#CGSI #Phillip Securities – CGSI and Phillip Securities look at the technicals of 4 outstanding stocks in the afternoon.

CGSI recommends two stocks, BAM and MCA techniques.

BAM

The stock price increased and a technical buy signal emerged. along with trading volumes that continue to increase After rising through the resistance of the downtrend. This means that the main trend still has a chance to continue increasing.

Support: 9.20 and 9.10

Resistance: 9.60 and 10.00

Recommendation: Buy BAM with support levels at 9.20 and 9.10 in the hope of a rise to test the resistance levels at 9.60 and 10.00.

STOP LOSS if the stock price closes below 8.90

MCA

Stock prices rose, showing signs of a technical recovery. along with higher trading volumes After declining to form a base at the support level of the uptrend frame. This means that the main trend still has a chance to continue increasing.

Support: 3.26 and 3.20

Resistance: 3.60 and 3.80

Recommendation: Buy MCA at the support levels 3.26 and 3.20 to expect a rise to test the resistance levels at 3.60 and 3.80.

STOP LOSS if the stock price closes below 3.00

Phillip Securities recommends techniques for 2 stocks AAI and SAMART.

AAI

AAI picture on the day frame, the price turned back up and closed above all EMA lines, along with the MACD which rose to positive territory. It is expected that the price will bounce back up to test the previous high of 4.34 baht and if the previous high is successful, it is expected to be a sign indicating a new uptrend round, waiting to buy in the EMA20 line , aiming to take profit at 4.34 and 4.50 baht, cut losses if the price falls below the EMA89 line at 4.00 baht.

Helpline: 4.06

Resistance: 4.34 and 4.50

SMART

SAMART picture on the day frame, the price stands strongly above the EMA20 line before rebounding up to a high breakout, previously supported by the MACD which is about to cross the signal line, it is expected to support the price to make new high around 6.60 baht. Buy on Breakout at the price 6.30 baht, aiming to profit at 6.60 and 6.70 baht, cutting losses if the price stays down below 6.00 baht

Helpline: 6.10

Resistance: 6.60 and 6.70

#Technical #outstanding #stocks #afternoon #Thunhoon