SET Index : Likely to breakout and head to 1080-1100

The market move today suggests the SET may receive the additional buying power to breakout and rally to 1080-1100 or so over the course of the next 8 weeks.

There are a number of laggards and it seems the Japan tragedy is going to act as the catalyst to help the market breakout, due to the obvious possibility of Japanese companies using the plant in Thailand to offset production losses back home.

 

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