ASL Highlights Five Stocks With Technical Rebound Potential

published 9 d ago · en · source ↗

Affected tickers

BGRIM DELTA GPSC ITC KBANK KKP KTB MAJOR MINT PTG

Per-ticker News Sentiment Indicator

BGRIMother · positive · med
The analyst noted that power plant shares such as BGRIM are beginning to show positive movement as part of a broader market recovery.
DELTAother · neutral · high
The article notes that DELTA has remained relatively stable and resilient despite international technology stock sell-offs, identifying a key support level at THB 304.
GPSCother · positive · med
The analyst noted that power plant shares such as GPSC are beginning to show positive movement as part of a broader market recovery.
ITCother · positive · med
The analyst noted that ITC "has shown notable improvement over the past 2 – 3 days" based on technical signals.
KBANKother · positive · med
The analyst highlights that KBANK shows continued strength and potential for further growth as 2Q26 results approach, supporting the overall market recovery.
KKPother · positive · med
The analyst identifies KKP as a key player in the banking sector, noting that share prices have been rising consistently with potential for further growth.
KTBother · positive · med
The analyst highlights KTB as a key player in the banking sector with potential for further growth as 2Q26 results approach.
MAJORother · neutral · high
The article discusses technical rebound potential for various stocks but does not mention MAJOR, resulting in no material impact on the company.
MINTother · neutral · med
The article mentions MINT in the context of technical analysis, noting a support level at THB 24.00 and a resistance level at THB 26.00 without specific fundamental news.
PTGother · positive · med
ASL Securities identified PTG as one of the stocks showing improved technical signals with a potential for a rebound.

Article body

Mr. Suchet Suktae, Deputy Managing Director, Media Marketing Department of ASL Securities, stated during the “Kaohoon” program on July 7, 2026, that the Thai market continue to move sideways, while giving a support level for the SET Index at 1,600 points, and a resistance level at 1,622 – 1,630 points. The trading volume is expected to sufficiently support the market’s overall atmosphere. Among stocks showing improved technical signals are PTG , which closed at THB 7.65 in the previous session. A support level is given at THB 7.50 and a resistance level at THB 8.00 – 8.50. Next, SAPPE has exhibited an upward trend, closing yesterday at THB 33. The support level is set at THB 32, with a resistance level anticipated at THB 35 – 36. For BAM , signs of recovery have emerged. The stock previously closed at THB 6.95, with support level at THB 6.50 and a resistance level at THB 7.00 – 7.50. MINT closed yesterday at THB 24.80, with a support level at THB 24.00 and a resistance level at THB 26.00. ITC has shown notable improvement over the past 2 – 3 days, closing at THB 16.90 yesterday. The support level is at THB 16.50, with resistance at THB 17.20. Mr. Suchet commented that the market outlook remains positive, with crude oil prices, both Brent and WTI, starting to rebound—offering further support to energy-related stocks. Meanwhile, power plant shares such as GPSC, GUNKUL, and BGRIM are also beginning to show positive movement. Despite DELTA facing some impact from technology stock sell-offs in international markets, particularly in South Korea and Taiwan, over the past 2 – 3 days its share price has remained relatively stable and resilient, despite high trading volumes. Key support level is identified at THB 304. For the banking sector, Mr. Suchet sees continued strength in the medium term as share prices have been rising consistently and may have further room to climb when 2Q26 results are announced. He points to major banks such as KBANK, KTB, and KKP as key players supporting the growth in business and capital markets. Furthermore, early signs of positive sentiment are appearing in the finance sector, especially for BAM, SAWAD, and MTC—which stand to gain more investor interest if interest rates stabilize and buyers return to stocks lagging the overall market. In summary, Mr. Suchet noted that the Thai stock market could continue its upward path if the banking, finance, energy, and electronics components sectors gradually recover. Noteworthy electronics component stocks in the short term include KCE and HANA, which are receiving positive signals due to strong demand for chips and electronic devices.