Thursday, July 18, 2013

**** Monitor for Breakdown of Support: Thbev. Share price 0.58. (CFD SHORT TRADE)

THBEV is currently testing its critical support at 0.58 which has held for more than 3 months already. Quite a significant level to watch. If this support gets sold down, more sellers might emerged to sell it down further. A potential CFD SELL trade if the 0.58 support breaks down with near term target at 0.55. Note that if the 0.58 support still holds, it can still stage a rebound back up to the 0.600 level, nobody knows so let’s see. J
Buy stop at 0.59 for Cfd Sell trades.

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