THAIBEV Stock Code Y92.SGX
Outlook
Price was unable to move above the cloud in the past few trading days, capped by the upper edge of the cloud, keeping the downtrend intact. A Hanging Man candlestick price pattern is also hinting at a price decline. Lagging Span is above price of 26 days ago but is below the cloud at the moment. If price is unable to move above the cloud, it could be heading towards the previous low at $0.56 in the next 2-3 weeks.
Strategy
$0.610 Sell
$0.560 Price Target
$0.635 Risk Management Stop
3 weeks Trade Duration
