Tuesday, September 6, 2016

ThaiBev: Pulling away downwards from the 1.00 level... a negative below, when will the reversal return? price 0.97


We had seen quite an impressive run on ThaiBev from May to just last month in August....


Where there was a Bullish signal and then about a 35.1% Gain before finally an Exit signal on 4th August 2016....


We then saw ThaiBev approach the critical 1.00 support level....


Sadly it did not hold....


Then a 1ET BEARISH SIGNAL seen a few weeks back.....


Have seen a sell down to a new recent low at 0.97 today....


What now?


More weakness towards 0.90?


Let’s see....


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Recent Email:

Sent: Wednesday, August 24, 2016 10:20 AM
Subject: ******* ThaiBev: Back to key 1.00 support level... break or rebound? have a plan, price 1.00




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