Thaibev – [ Top Gainer In The STI Component , Thirsting For More Upside? ]
Chart Source: Poemsview 27th March 2019
Thaibev saw a very nice run of 5% today with a high of $0.86.In fact, Thaibev was the top gainer in the STI component for today! It got a boost from a brokerage upgrade which probably helped in the upwards movement.
Thaibev opened at $0.84 this morning which might be a little high to chase which is why it’s important to position oneself a move comes.
Our EXCLUSIVE CLIENTS were alerted just last Thursday when Thaibev had some movement. Despite the downside which came after Dow’s 450 point drop, Thaibev held its ground well holding out at the 20SMA. It is important to take note when stocks get supported like this.
Thanks to the morning run, Thaibev has hit our first target of $0.855 and the next possible target might be $0.875. Can Thaibev move up more? We can see that volume came in today, so fingers crossed!
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