Friday, March 7, 2014

THBEV

Thai Beverage - 25th May 2014 - Thai Beverage is in a consolidation mode as reflected from TA point of view. It went ex.CD on 28th April and had since managed to fill up this gap and trend higher to close at 60.5 cents on 23rd May 2014. This is generally quite positive.Breaking out of 62.5 cents with high volume that may drive the share prices higher towards 64.5 cents then 68 cents.(trade base on your own decision)


Update for Thai Beverage update 13 May 2014 - Thai Beverage seems to be holding up well at 60 cents. Both indicators such as MACD & Stochastic are still pointing upwards which is rather positive. Breaking out of 63.5 cents with good volume may see it rises towards 69 cents.(trade base on your own decision)

Update for Thai Beverage update 23 Mar 2014 - Thai Beverage is generally on a uptrend mode as reflected from TA point of view. All 3 indicators are still pointing upwards which is rather positive.Current price of 62.5 cents as of 21st Mar seems holding up well and may see it move up to test 64 cents soon. Breaking out of 64 cents with high volume may see it head higher towards 70 cents soon.( trade base on your own decision)

Thai Beverage update 8 Mar 2014 - Thai Beverage is on a uptrend mode as reflected from TA point of view. It had manged to break out 55.5 cents on 28 Feb 2014 and closed well at 56 cents on the same day. Volume is high which is rather bullish. It has since continued to trend higher to close at 62 cents on 5 Mar 2014. Volume has been on a high side for the past few days which is suggesting that people are buying up aggressively. All 3 indicators such as MACd,RSi & Stochastic are on a uptrend mode which is rather positive. Short term it may continue to move higher towards 65 cents then 70 cents.( trade base on your own decision)