Thai Beverage rebounded strongly recently after breaking out from the down trend channel and move above 200D SMA. See previous THBEV chart here. Wait for the retracement back to $0.525 to form the right shoulders of Inverted Head and Shoulders. So far THBEV reacted very nicely to the Fibonacci Retracement Level.
- Post author:Marubozu
- Post published:September 29, 2013
- Post category:Thai Beverage / THBEV
- Post comments:0 Comments