26th October, 2016, 12:48 PM
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



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