CFD Trading – Buy ThaiBev (Y92.SGX) @ $0.690. Stop @ $0.670 and Target @ $0.725.

ThaiBev Stock Code Y92.SGX


Price broke above the cloud but did not manage to close above the cloud in the previous trading session. However, the price correction earlier was supported by the cloud, keeping the uptrend intact. Lagging Span is below price of 26 days ago but is above the cloud. MACD is bearish with both its lines below the zero line but MACD is about to have a bullish crossover, hinting at a bullish price trend. If price stays above the cloud, we are likely to see a rally to the previous high at $0.725 in the next 2-3 weeks.


$0.690                Buy

$0.725                Price Target

$0.670                Risk Management Stop

3 weeks Trade Duration

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