PTTEP : Possible spike to 189

Although it’s fair to say PTTEP’s volume has not been very strong of late, the day chart below suggests a spike to 187-189 may be seen this week, with an outside chance of a move to 191, albeit in need of a spike in oil well above the 100 mark.

Time to buy has passed for this wave, with first decent support at 165-177 then 173 and 170.

 

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