Bangkok Bank

It looks as if BBL will some off to 150 this week, with an intraday dip to 146-147 possible. Currently trading at 153, a daily close at 157 or better is required to cancel the downside risk seen in the charts. The 152-154 range is in itself a significant support for BBL, but it will take a major escalation in local issues – be it yellow shirts or on the Cambodian border for BBL to be pushed down to its 200 day SMA nearer 140

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