Imagine being just one step ahead, spotting a potential trend reversal before the rest of the market catches on. That’s exactly what we’re seeing right now with three Thai blue-chip stocks: Advanced Info Service (ADVANC.BK), Kasikornbank (KBANK.BK), and Delta Electronics (DELTA.BK), all of which are listed on SGX as Singapore Depository Receipts (SDRs).

Using my One Good Trend (1GT) Strategy and proprietary 1GT (Pro) Indicator, I’ve uncovered fresh bullish signals, clear support zones, and tradeable chart patterns that could offer high-probability setups in the days ahead. Whether you’re a conservative trader waiting on pullbacks or someone who thrives on breakout momentum, this article breaks down everything you need to position smartly, with risk management built in. Don’t miss this opportunity to stay ahead of the curve and take action while the signals are still unfolding.

1) Advanced Info Service (ADVANC.BK)

Advanced Info Service Public Co. Ltd (ADVANC), Thailand’s largest telecommunications provider, offers mobile, fixed broadband, and digital services across the nation.

It has long been a dominant player in the Thai telco sector, benefiting from its robust infrastructure, loyal customer base, and ongoing push into 5G and enterprise digital solutions.

Through its Singapore Depository Receipt (SDR) listing on SGX, Singapore investors can gain direct exposure to this Thai blue-chip name with simplified access.

Technically, the stock has been in a sideways consolidation since late 2024, with prices fluctuating between the THB 260 and THB 310 range.

A recent bullish signal (green) from my 1GT (Pro) Indicator was triggered at the end of April 2025, signaling a potential trend reversal after prices bounced off the long-term support near THB 260 (S$1.00).

This signal is still playing out, and it has aligned well with the 100-day and 200-day moving averages, which are both still pointing up, suggesting the long-term trend remains intact.

In the short term, the 20-day moving average (green line) has turned higher since early April 2025, showing signs of positive momentum, although the price has paused slightly below the recent resistance.

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

One can consider trading the Thai SDR that is listed on the SGX, name is AIS TH SDR 10to1. Code TADD.

The recent 1GT bullish signal remains valid unless prices fall back below key support levels, which would negate the current recovery setup.

Some horizontal support lies at THB 285 (S$1.10) and THB 260 (S$1.00), both clearly drawn on the chart.

For conservative traders, accumulating near the THB 285 (S$1.10) support with a stop-loss slightly below THB 260 (S$1.00) could provide a good risk-reward setup.

On the other hand, aggressive traders might look for a break above the THB 310 (S$1.20) resistance for confirmation of a fresh bullish breakout.

With the 1GT signal still active, improving short-term momentum, and strong support structure, ADVANC looks poised for a potential move higher if key levels continue to hold.

As always, proper risk management is essential.

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) Kasikornbank (KBANK.BK)

Kasikornbank Public Company Ltd (KBANK), one of Thailand’s largest commercial banks, plays a major role in the country’s financial ecosystem with comprehensive services across consumer, corporate, and SME banking.

Known for its strong digital innovation and extensive branch network, KBANK has been a favorite among investors seeking consistent financial sector exposure in Thailand.

Through the 1:1 SDR listing on SGX, Singapore investors can now access this Thai blue-chip name conveniently using Singapore dollars.

Looking at the chart, the long-term trend for KBANK remains intact, with both the 100-day (red line) and 200-day (blue line) moving averages pointing upward and acting as firm support.

In the last week of April as the markets rebounded, we saw a bullish signal (green) from my 1GT (Pro) Indicator, which occurred just as prices rebounded from the 200-day moving average.

This signal remains valid and is still playing out as the price holds above short-term support, indicating that the uptrend is not over.

In the short term, the 20-day moving average (green line) had been pointing up and still looking strong despite some profit taking recently near THB 170 (S$6.63).

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

One can consider trading the Thai SDR that is listed on the SGX, name is Kasikorn BK TH SDR 1to1. Code TKKD.

The overall structure remains constructive as long as support at THB 155 (S$6.05) holds.

That level was previously a key resistance that has now turned into support, providing a potential base for a further move higher.

For conservative traders, accumulating on dips closer to the THB 155 (S$6.05) support zone with a stop-loss slightly below could be a prudent entry strategy.

Aggressive traders may consider re-entering on a breakout above THB 170 (S$6.63), which could pave the way to the next target at THB 180 (S$7.02).

With a strong long-term trend, a recent bullish 1GT signal, and prices holding well above major moving averages, KBANK remains on my radar for potential upside, if market conditions remain favorable and key support levels hold.

As always, proper entry planning and risk management remain key to positioning well for any potential breakout.

3) Delta Electronics (DELTA.BK)

Delta Electronics (Thailand) PCL (SET: DELTA) is a key player in the region’s electronics manufacturing sector, providing power electronics and automation solutions to global tech and industrial companies.

Its strong fundamentals and growing relevance in green energy and EV infrastructure have positioned it as a long-term growth candidate.

With its 1:1 SDR listing on SGX, Singapore investors can now gain direct exposure to this Thai technology leader, with price equivalence in Singapore dollars (THB × 0.039).

From a technical standpoint, we’ve recently seen a bullish signal (green) from my 1GT (Pro) Indicator in late April 2025, which triggered as prices rebounded strongly from a low near THB 50 (S$1.95).

That signal is still playing out, with prices holding above the short-term 20-day moving average (green line), which is now pointing up.

The long-term trend is also starting to turn more favorable.

Price has reclaimed the 100-day moving average (red line), and the 200-day (blue line) remains slightly upward-sloping, providing a solid base at the THB 100 (S$3.90) level, which also acts as immediate support.

Holding above this level would signal continued strength, especially after the strong rebound from oversold conditions just weeks ago.

Looking ahead, the immediate resistance lies at THB 120 (S$4.68), followed by the next upside target at THB 140 (S$5.46) should the breakout continue.

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

One can consider trading the Thai SDR that is listed on the SGX, name is Delta TH SDR 1to1. Code TDED.

A pullback near THB 100 (S$3.90) could offer a conservative entry point for those waiting on the sidelines.

Aggressive traders could consider positions if a break of the THB 120 (S$4.68) resistance occurs on strong volume.

With the recent bullish 1GT signal still active and momentum building above major support, DELTA is one to keep on the radar as it attempts to retest higher levels from a strong technical base.

Footnote: Currency conversion used from THB to SGD is 0.039.

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 😃 

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Look forward to see you on the inside!

- Joey

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