View On TheiBev (17 Mar 2021)
We are seeing weakness in the counter. As far as I know Thai Bev have exposure in Myanmar Market.
0.72 is strong support and 0.69 will be the next support.
DYODD, all the best and read the disclaimer too.
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View On ThaiBev
We are seeing potential massive unloading near 0.62-0.65 region and we may see BIGger drop soon.
So, it is better not to buy in at all at this moment.
As long as the price do not overtake $0.655, we will not turn bullish again. It is the make (or) break region.
It can go to 0.55 or even $0.525 region.
DYODD, all the best and read the...
USD/THB 4H Chart: Breakout form triangle
The American Dollar was trading against the Thai Baht in a two-week long symmetrical triangle. In result of the previous trading session the currency rate made a breakout to the bottom. The bearish movement is not evident yet. Nevertheless, the slipping 55- and 100-period SMAs together with the weekly PP suggest that...
