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Sawasdee -Feb 21, 2017

Investment Theme: Narrow move. Wait for breakoutSupport: 1575, 1565 Resistance: 1580, 1590

Market Strategy: SET moved narrowly in the range of 1575 – 1580, waiting to break out. If it can break 1580, it will be a good sign it will test 1600. Falling below 1575 would be a negative signal with major supports at 1565 and 1555. Strategy for mid- to long-term investors is to buy when the SET dips. Strategy for short-term investors is to trade carefully, especially if SET moves below 1575. Today’s picks are AMATA and SAT.