Thaibev

Thaibev Nov 2016
Thaibev Nov 2016

Thaibev came down to our target of 0.87 =) Hope you all managed to learn something from the lines we drew and maybe even ride it down too

It has started it rebound and we added the middle band which is also near the 20ma, it could possibly rebound to there and start turning down or maybe to 0.95 and then start turning down. Remember these two levels. =)

Yours

Humbly

Thaibev

Thaibev nov 2016
Thaibev Nov 2016

Thaibev

From our previous post, thaibev has made a slow and steady drop to close at 0.915 from 0.95. Our target of 90 cents might be coming soon but we might see it even hit 0.87 which is the 200ma and also that lower band of the trendline that we drew. Do take note that their results will be out this coming friday after market ya.

Yours

Humbly

Thaibev

Thaibev Oct 2016
Thaibev Oct 2016

Thaibev had a sell down today with an increased in volume. From the chart we can see that its being resisted by the 50 days moving average (50ma) the last few days and finally sold down.  Current support at 0.95 if that breaks we might see if move towards 0.92 in the next few days. and maybe even 0.90 eventually.

We use CFD to short and not naked short with a stop loss at 0.98

Yours

Humbly