Friday, October 12, 2018

Chart[93] - ThaiBev

The counter has been moving in downward channel since late 2017 as shown on first chart. There was a small rally in price since mid September but failed to break up the from channel still.

Zooming into the chart, price actually fell with small volume last week. Last trading day saw a rebound instead. Shall it clear resistance 0.66, 0.71 is worth for waiting. Downtrend would persist if price fall back support ~ 0.61 again.

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