If you are trader; take profit at 37 but investor is long always
News about oil price and other fuel in insignificant with the PTT direction because the market SET is acknowledge whole about this topic.
The Idea to trade PTT, should consideration on when Thailand will come to open again. More good news, Colona virus spreading in Thailand is rarely found. In addition if Thai baht currency is keep soften, it is a gold time to invest in Thai stock exchange market due unlimited QE around the world. It sound like they can product as much gold they want. But, totally difference in Thai currency because it not easy to print more money.
However, don't forget to follow Thailand export news. It very important about country that income than 33% come from export.
If there are no any further high impact news. The price is always respect the trend.
The Idea to trade PTT, should consideration on when Thailand will come to open again. More good news, Colona virus spreading in Thailand is rarely found. In addition if Thai baht currency is keep soften, it is a gold time to invest in Thai stock exchange market due unlimited QE around the world. It sound like they can product as much gold they want. But, totally difference in Thai currency because it not easy to print more money.
However, don't forget to follow Thailand export news. It very important about country that income than 33% come from export.
If there are no any further high impact news. The price is always respect the trend.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.