Special stock feature in view of recent price movements. Basically, these two counters have specific signals which suggest a continued uptrend. Basically, the stock market has not been fair to all stocks going through its recovery phase.
Capitaland (C31) – Modest but more sustainable recovery
- On the weekly chart, the 9 Weeks MA is about to cross the 20 Weeks MA. Currently, the stock is still testing the psychological resistance at $3.00.
- Supported by 200 days MA at $2.94
- The company still continues to expand the business and take advantage of the lower interest environment
Thai Beverage (Y92) – Geographically diversified business with a healthy ROE
- On the weekly chart, the 9 Weeks MA is about to cross the 20 Weeks MA. Currently, the stock tested the 100 Week moving average after a short-lived rally to 0.77 before closing at 0.73.