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Saturday, December 19, 2020

Thaibev

 Chart wise, looks bullish!

Likely to continue to trend higher!


In any stocks trading , we need to have a trading plan in place to execute our plan.




Right now it is consolidating after touching the high of 76.5 cents. It would be good to wait patiently for market confirmation for the price action to rise up and cross over 76.5 cents or 1 pip higher at 77 cents smoothly that would be the triggered point for the price momentum to continue this uptrend mode direction!



Short term wise, I think a nice breakout of 76.5 cents smoothly coupled with high volume that may likely drive the price higher towards 80 cents then 86 cents with extension to 90.5 cents.


Not a call to buy or sell.

Pls dyodd.


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