Thaibev: Upside reversal still in progress after recent rally? Price 0.735

Thaibev has seen a really good recovery since the beginning of 2019 when it first cleared above the 0.62 resistance and caught our attention…

and up it went with each passing day..

Just last week, we spotted some bullish actions in Thaibev again with it attempting to break though the key resistance at 0.67..

Some upside was expected and targets drawn… with short term momentum still strong

Over the past few days, target has been hit at around 0.72 and breached too..

We have been trying to push higher from this new 0.72 support with some slight resistance at 0.75 now..

Awaiting more bullish price actions which can see the upside reversal continue towards 0.78 as per revised target.. while taking steps to protect profits.

What a good run caught indeed…

We had a recent bullish entry signal on the PTI system too, still no exits for now… let’s see when..

Want to be alerted to counters like these faster and more frequent updates?

Be a client of Joey and his team and enjoy some value added services… click here..

Thaibev: Downtrend may still be intact, cautious more selling. Price 0.67

Just last week, we have seen Thaibev rebounding above 0.700 but hitting a road block at the 100 day MA line…

And also still being capped below the channel resistance line…

There were some bearish price actions spotted and hence some downside targets drawn as seen below…

We are nearing support at 0.66 now where some buying ..

But would not rule out more selling on more bearish actions seen…

Where our target can still play out….

To 0.60 potentially….

Want to know how to accurately pick the direction of stocks as it plays out?

Attend a free LIVE workshop this Sunday… last few seats….


Click here to Secure Your Seat While Its Still Available....

Thaibev: Selling down back to support... cautious if this breaks too... Price 0.65

Just last week, we spotted some weakness with Thaibev breaking back below the 0.75 level…

This was also where the 20 day MA was and hence more downside expected…

Thaibev has been trading lower since the beginning of the year and trading below the downward sloping channel resistance line…

Mid to long trend was down so sellers were expected to return again once we hit certain levels…

See targets that were drawn.

Over the past few days, we have actually sold down and broke the 0.70 level too and..

We are back to 0.65 as per target reiterated below and seems like even that is giving way too…

Would want to be careful on more bearish price actions below 0.65 now…

Want to get some of these top ideas in your inbox plus top vetted reports faster?

Be a Client of Joey, click here to Open a FREE trading account.

Thaibev: Target hit, still good to go? price 0.95

Following up from yesterday’s call, we have indeed seen Thaibev hit our first target at 0.95 today as per drawn in chart.

Looks good to attempt a move above eventually where we can see 1.00 coming in the near term.

For now, momentum indicator is still looking bullish on this move with some support expected from 0.92 – 0.93 now.

The question is: Were you informed of this stock yesterday?

We saw some actions at about 0.915 yesterday and a note was sent out as per below, before buyers started coming in.

Feels good to see the arrows on the chart playing out....  Let’s see if it can touch 1.00 by next week. J

Be a Client to NOT MISS out as well, simple. Click here.

----------------------------------------------------------

Recent Email:

Sent: Wednesday, February 15, 2017 10:06 AM
Subject: ******* Thaibev: A short term positive above 0.900 now, price 0.915

After consolidating below the key 0.900 level since Nov, finally today, we have seen a move above on the back of its result coming in above expectations and a slew of positive coverage by research analyst. With it holding above 0.900 now, we can expect more strength towards 0.95 then the key 1.00 in the short term. Short term MA is beginning to reverse upwards on this move with momentum indicator also just creeping into positive zone recently.

For illustration purpose only

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 4^th 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....


Attend a free Workshop to Find out more: Click Here!

---------------------------------------------------------------------

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

ThaiBev: A New Muliyear high with uptrend still Intact above 1.00 now..... BUT, when was the first signal given ? check it out ! :)

Today we have see ThaiBev break above the critical 1.00 psychological level to a new high again….. High at 1.015 as of now…

There were a few emails issued over the past 2 weeks actually…

and some profits made too like the below.....

But more importantly….

I wanted to share with you the FIRST real signal that came in way earlier….

And that was on the 11 May 2016…

Slightly more than 2 months ago….

With an Entry price of 0.77……

There were NO EXITS signal from the system all these while, only had a Re-Entry about 2 weeks ago… and then

We saw it trade higher again…. And then a further push higher again today above 1.00….

So we are looking at a 31.8% GAIN JUST FROM THE 1^STBULLISH Signal alone in May….

So questions is when can we see the exit signal….?

No idea actually, it may be a while more to ride the upside, we shall see….

Anyway, it doesn’t matter, we just protect our profits no matter what happens from here…. J

No idea how we do it, Click here to Attend a FREE Workshop coming up real soon... 

------------------------------------------------------------------

Recent Emails:

Sent: Monday, July 11, 2016 11:58 AM
Subject: ************** ThaiBev: Still holding above 0.95 new support.... price 0.97

Sent: Thursday, July 07, 2016 9:18 AM
Subject: *************** ThaiBev: a move above 0.95 can see more momentum, price 0.96