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Author: humblestock   |   Latest post: Wed, 10 Jul 2019, 8:30 PM

 

ThaiBev - [ Broke Out And Up To Our First Resistance Point ]

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10th July, 2019, 8:30 PM

ThaiBev – [ Broke Out And Up To Our First Resistance Point ] ThaiBev 10th July 2019

Chart Source: Poemsview 10th July 2019

Thaibev which we mentioned just last week has indeed moved up with the reasons which we pointed out in our previous post. It has seen a nice 2.5% upswing within contra period which is an added bonus. It is currently at a critical resistance of $0.88 as drawn.

So an entry at $0.865 might be valid as it manages to stay above the $0.88 resistance. For such a trade, one has to stay alert and nimble.

There is a gap resistance at $0.88 unless Thaibev manages to stay above that then there might be a chance to cover the gap. Volume should also come in in order to sustain the move.

Want to know more about our plans for ThaiBev?

CLICK HERE to see how you can learn how to plan a sound and actionable trade plan and to be part of this EXCLUSIVE COMMUNITY to enjoy such value added services.

Yours

Humbly

Kelwin&Roy

 

 

 

The post ThaiBev – [ Broke Out And Up To Our First Resistance Point ] appeared first on Singaporehumblestock.

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