Thai Beverage (THBEV) is currently trading in a down trend channel after breaking down from a Head and Shoulders. The price target of this breakdown is about $0.45. THBEV may rebound from the 200D SMA support back to neckline support turned resistance between $0.58 to $0.60 (also the down trend channel resistance and both 20D/50D SMA), before continue the drop to price target.
No comments:
Post a Comment