Friday, August 29, 2014

Follow up *********************** Thai Beverage: Back to consolidation in wait of more Direction....... price 0.68 - (BREAKOUT SEEN INDEED - PRICE 0.71)

Clients were informed upon the BREAKOUT OF 0.65 and then again to Accumulate AGAIN when it was consolidating after……. Some have already taken profit.

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Sent: Wednesday, August 20, 2014 9:04 AM
Subject: Follow up *********************** Thai Beverage: Potential Breakout: 0.65 resistance KEY... NOW 0.655
Seems to have BROKE above the Critical 0.65 resistance level as mentioned yesterday. Support would remain at this level now currently. As long as this holds, we are short term bullish with target at 0.70 then 0.75. More confirmation when even sellers at 0.66 gets taken out quickly !!!

Sent: Tuesday, August 19, 2014 11:37 AM
Subject: Follow up *********************** Thai Beverage: Potential Breakout: 0.65 resistance KEY... NOW 0.645
Raise stop loss to 0.64 for long positions on the break above 0.65. A break above this can pave the way to 0.700 fast. Note that it has been supported above the channel support line since Dec last year and uptrend still very much intact. Would have to clear this hurdle for more the next phase of upside.  J

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