What if you could spot the next big move before it happens? That’s exactly what we’re uncovering today with three top Thai stocks — Advanced Info Service (ADVANC.BK), Gulf Energy (GULF.BK), and Kasikornbank (KBANK.BK) — all available as Singapore Depository Receipts (SDRs) on the SGX.

ADVANC, Thailand’s telecom leader, is consolidating near key levels, setting the stage for a potential breakout.

GULF, a major energy player, remains in a strong uptrend despite short-term pullbacks, while KBANK, one of Thailand’s top banks, is showing fresh bullish momentum.

In this article, I’ll walk you through the key technical levels, signals from my 1GT (Pro) Indicator, and smart entry strategies — whether you’re looking for a conservative pullback or an aggressive breakout play. If you're serious about capitalizing on high-potential Thai stocks in 2025, this is a must-read!

1) Advanced Info Service (ADVANC.BK)

Advanced Info Service Public Co. Ltd (SET: ADVANC) is currently exhibiting a long-term uptrend, as confirmed by the 100-day moving average (red line) trading firmly above the 200-day moving average (blue line).

This alignment indicates sustained bullish sentiment over the medium to long term, reinforcing the stock’s positive trajectory.

Investors who rely on the stability of longer-term trends would find this configuration encouraging.

In the short term, the 20-day moving average (green line) reflects a more neutral stance as prices consolidate within a range.

The flattening of this moving average highlights the tug-of-war between buyers and sellers as the stock attempts to establish its next directional move.

A breakout from the consolidation could determine the next short-term trend.

The 1GT (Pro) Indicator has been instrumental in identifying key inflection points on the chart.

A recent bullish signal near the $270 (S$1.08) support level remains valid, with prices still trading above this critical support zone.

Earlier bearish signals near $300 (S$1.20) suggest that this level continues to act as a significant resistance.

These signals emphasize the importance of closely watching the support and resistance levels to anticipate potential moves.

Key support lies at $270 (S$1.08), a level reinforced by the bullish signal from my 1GT (Pro) Indicator.

This support also coincides with the 100-day moving average (red line), adding further strength to this zone.

Resistance is found at $300 (S$1.20), where multiple bearish signals from the 1GT Indicator have highlighted seller dominance.

A breakout above this level could open the door to higher price targets.

So how does one take a position in ADVANC from the SDR traded on the SGX?

For those looking to take a position in this stock, a conservative approach would involve accumulating near $270 (S$1.08), where the risk-to-reward ratio is more favorable.

A stop-loss could be placed just below this support level to manage downside risks effectively.

Alternatively, an aggressive approach would involve entering on a confirmed breakout above $300 (S$1.20), signaling renewed bullish momentum and a potential continuation of the uptrend.

In summary, ADVANC remains in a solid long-term uptrend, with short-term consolidation offering opportunities for both conservative and aggressive traders.

The 1GT (Pro) Indicator provides clear signals, helping to navigate this stock with confidence. Proper risk management remains key, especially with well-defined stop-loss levels to protect capital.

Note that for ADVANC, there is a ratio of 10 SDR to 1 underlying stock, so the conversion from Thai bath to SGD will be to times 0.039 then divided by 10.

2) Gulf Energy (GULF.BK)

Gulf Energy Development Ltd (SET: GULF) remains in a longer-term uptrend, as evidenced by the alignment of the 100-day moving average (red line) above the 200-day moving average (blue line).

This configuration highlights a bullish structure over the medium to long term, even as the stock undergoes some short-term consolidation.

The stability of these key moving averages reinforces the broader positive trend, indicating that buyers continue to dominate in the longer horizon.

In the shorter term, the 20-day moving average (green line) is relatively flat, reflecting a period of sideways consolidation following a pullback from recent highs.

You can see that the green line has been pointing down since Nov 2024 so finally some stability seen.

This suggests that while the momentum has paused temporarily, the price remains at a critical juncture where a decisive move could set the tone for the next trend.

The short-term trend will need to pick up for the stock to resume its upward trajectory convincingly.

Recent signals from my 1GT (Pro) Indicator add further insights into the stock’s behavior.

A bearish signal above the $61 (S$2.44) resistance level indicated a pullback, which has brought the price back toward current levels.

Some support has been found at $55 (S$2.20) over the past 1 month with prices holding well above this support zone.

This suggests that the recent retracement might only be a temporary correction within a longer-term bullish structure.

The 1GT  (Pro) Indicator has consistently captured key turning points, and the most recent bullish signal in July 2024 has led to a massive 55% gain in this stock before the 1GT bearish signal appeared.

Key levels to watch include support at $55 (S$2.20), where the stock found stability during its previous decline.

This support level is reinforced by the proximity of the 200-day moving average (blue line), making it a strong floor where buyers are likely to emerge.

On the upside, resistance is seen at $61 (S$2.44), a level that has recently capped further gains.

A break above this resistance could signal the resumption of the uptrend, with the next major target at $70 (S$2.80), offering significant upside potential.

So how does one take a position in GULF from the SDR traded on the SGX?

For those looking to enter this stock, there are two potential approaches.

A conservative strategy would be to accumulate near the support at $55 (S$2.20), taking advantage of the lower prices while placing a stop-loss just below this level to manage downside risk.

This approach provides a better risk-to-reward ratio and allows for a more cautious entry.

On the other hand, an aggressive strategy would involve entering on a confirmed breakout above $61 (S$2.44).

Such a move would indicate renewed bullish momentum, targeting the next resistance at $70 (S$2.80).

While the entry price for this approach is higher, it aligns with the stock’s potential for further gains as it confirms its strength.

Overall, GULF’s longer-term uptrend remains intact, supported by strong technical levels and if we see a new bullish 1GT signal appearing, that would be a further confirmation of any reversal move.

Whether you prefer a conservative entry near support or an aggressive breakout approach, the key is to ensure proper risk management by setting stop-losses appropriately.

With the stock positioned for potential upward continuation, this is one to watch closely in the coming weeks.

3) Kasikornbank (KBANK.BK)

Kasikornbank Public Company Limited (SET: KBANK) is one of Thailand's leading financial institutions, offering a wide range of services, including corporate banking, retail banking, and wealth management solutions.

Looking at the longer-term trend, the 100-day moving average (red line) remains above the 200-day moving average (blue line), confirming that KBANK is in a long-term uptrend.

This alignment of the moving averages suggests sustained strength in the stock, making it favorable for trend-following strategies.

In the shorter-term, the 20-day moving average (green line) is also pointing upward, with the price trading above it.

This indicates that the stock is in a short-term uptrend, reinforcing the bullish sentiment and momentum seen over the past few weeks.

On the chart, we can see that my 1GT (Pro) Indicator recently flashed a bullish signal near the THB 145.00 (S$5.80) support level.

This signal marked the beginning of a recovery, and the stock has since moved steadily higher, currently trading at THB 160.00 (S$6.40).

The bullish signal remains in play, indicating that the trend is still intact and has the potential to extend further.

Immediate resistance lies at THB 165.00 (S$6.60), a level that, if breached, could pave the way toward the next resistance at THB 180.00 (S$7.20).

On the downside, the key support at THB 145.00 (S$5.80) remains a strong level to watch, aligning with the longer-term moving averages and previous rebound zones.

So how does one take a position in Kasikornbank from the SDR traded on the SGX?

For traders looking to participate, a conservative approach would involve accumulating near the THB 145.00 (S$5.80) support level, taking advantage of any dips toward this area.

A stop-loss can be set slightly below the support level, around THB 140.00 (S$5.60), to manage risk in case the support fails.

An aggressive approach would be to enter upon a breakout above the THB 165.00 (S$6.60) resistance level, signaling renewed bullish momentum.

This would involve entering at a higher price but with confirmation of strength as the stock heads toward the next potential target at THB 180.00 (S$7.20).

With the longer-term and shorter-term trends both pointing upward, supported by a recent bullish signal from my 1GT (Pro) Indicator, KBANK presents a compelling opportunity for traders to align with the prevailing uptrend while managing risk with clear support and resistance levels.

Footnote: Currency conversion used from THB to SGD is 0.040.

About the Author - Joey Choy

Joey is Singapore’s renowned mentor on how to make an income by trading the stock market, an author and one of the most-watched, quoted and followed stock trading trainers in Singapore. Over the years, he has conducted numerous full house seminars, enriching thousands to trade more profitably. 

Joey’s come back story from a S$740k debt has been featured in the Business Times and inspired thousands in Singapore. In less than 3 years, he is highly regarded as one of the Top Tier Remisiers (Stock Brokers) and Traders, bagging numerous yearly awards like Top Trading Representative and Top CFD Achiever every year from 2014 to 2023 in Phillip Securities.

More about Joey here

Hope you have found the above content useful 😃 

If you have yet to attend my FREE webinar on how I select HIGH PROBABILITY WINNING STOCKS, you can check it out here!

Look forward to see you on the inside!

- Joey

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