Krungthai XSpring

Krungthai XSpring is a full service broker. The company provides a wide range of investment services such as Securities Brokerage, Derivative Agent Business, Securities Borrowing and Lending, Securities Trading, Underwriting, Financial Advisory, Wealth Advisory, Private Fund Management and International Markets Securities Trading. 

In terms of credibility, Fitch Ratings has assigned Krunghtai XSpring a long-term rating of AA- and a national short-term rating of F1+ with stable outlook.

A full service Thai brokerage

Head of Research, Krungthai XSpring

Waraporn Wiboonkanarak

Head of Research

Cross Asset Strategy

Multiple Countries / Cross Asset Strategy

<ul><li>Technically, the SET Index is expected to move sideways down, with the support at 1,292/1,286 points and the resistance at 1,306/1,313 points (10-day EMA).</li><li>In the short term, the index is still moving in a downward direction toward testing the support at 1,286/1,281 points, which is the neckline of the double-top (M-shaped) downtrend pattern.</li><li>We recommend waiting to buy when a reversal pattern becomes evident.</li></ul>

Technically, the SET Index is expected to move sideways down, with the support at 1,292/1,286 points and the resistance at 1,306/1,313 points (10-day EMA).In the short term, the index is still moving in a downward direction toward testing the support at 1,286/1,281 points, which is the neckline of the double-top (M-shaped) downtrend pattern.We recommend waiting to buy when a reversal pattern becomes evident.

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