Bias more on upside. 27th March 2022
Good news that Singapore has finally removed after 10:30pm no alcohol restriction. This may bring good news for people who love to drink and may bring even better news to alcohol supplier.
From weekly chart perspective, we can see that Thaibev is stuck at the breakup/down conjunction. However, with the news, I'm bias more on the upside.
First resistance, 50% Fibo at $0.73, if break and closed above, we shall see next at $0.78
Y92 trade ideas
Y92 BUY/LONG ENTRY SOON!! 0.635 TO 0.845 BY MAY 2022TICKER CODE: Y92
Company Name: THAIBEV
Industry: CONSUMER NON-DURABLES. BEVERAGES: ALCOHOLIC.
Position Proposed: BUY/LONG (NOT READY!!)
Entry: 0.635 (EARLY AUG 2021-SEPT 2021)
1st Partial Take Profit: 0.715 (NOV 2021-JAN 2022)
2nd Partial Take Profit: 0.845 (MARCH 2022-MAY 2022)
3rd Partial Take Profit: 0.900 (JUL 2022-SEP 2022)
4th Potential Take Profit: 1.075 (EARLY 2023)
Stop Loss: 0.485
Technical Analysis
1. FLAGPOLE + Falling Wedge Indicates a Potential BUY
2. Small Inverse H&S indicates a Potential BUY
3. Fibonacci Expansion Provides further indications of BUY opportunities.
4. RSI may indicate an oversold position SOON to push our BUY ENTRY.
-TRADERPROSIGNALS.
Potential Further Upside for ThaiBevPrice broke out of its re-accumulation zone that started since early Sept, it continued to mark up with Bullish character (Rally with increased volume and react with low volume).
Supporting the market are Relative strength showing outperformance against the market and technical indicator MACD displaying positive momentum.
1st target level will be at S$0.95 resistance.
Stop price at 10D SMA (10 days simple moving average)
Disclaimer applies.
Y92 BUY/LONG INCOMING! 0.620 to potentially 1.100 and higher! TICKER CODE: Y92
Company Name: Thai Beverage PCL
Industry: Alcoholic Beverages/Drinks | Consumer Goods | Singapore
Technical Analysis
1. Large Pennant / Falling Wedge Pattern Broke out and Retraced already
2. Large Head & Shoulders
3. Fibonacci Retracement at 0.618 (Golden Zone)
4. Fibonacci Expansion Safe Take Profit Level 1 (Grey Zone) Also the length of Flagpole
5. Full Take Profit at Fibonacci Expansion 1.618 is also at H&S Take Profit (80% of Head Price Range)
Entry: NOT READY
Entry Price: 0.620
1st SAFE Partial Take Profit: 0.910
2nd Partial Take Profit: 1.100
EXPECTED Take Profit in November 2021 - July 2022
NOTE THAT MY BIAS ON this would be a good long climb in the coming years.
Expecting the market to climb to 1.8++
ThaiBev (More downside ahead?)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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Thank You!
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Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
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Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
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Y92 - SGX - Still Potential BullishHumbled, we would like to thanks for your support who has already liked, commented and followed us.
Your support, strengthens us, to help in analyzing the market.
Do not be hesitant to send us message, if u have question, or any request for stock analysis.
Y92 - SGX - Still Potential Bullish
ThaiBev (Attitude is everything)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 disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
<TradeVSA> ThaiBev Ready to Mark-UpStrength Signal in the chart:
1. Green Pentagon
2. Accumulation stage
3. Shakeout pattern
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Thai Bev - Long for the next swing upThaiBev is setting up a bullish divergence. Long at 0.69 with initial stop at 0.665 (just below recent swing low @ 0.67). Looking for an initial target of 0.735-0.74 to scale out partially. Trailing stops upwards if it can clear 0.74 for the next target @ 0.800.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
<TradeVSA> Update & Review - Counters with Strength Background 1. Bursa Malaysia KLCI
2. Zecon
3. Naim
4. Salutica
5. Datasonic
6. Dufu
7. Frontken
8. Aeon
9. V.S
10. RedTone
11. Sentoria
12. Ranhill
13. Aemulus
14. Green Packet
15. DRB
16. Komark
17. ThaiBev
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Update Stock Ideas - CCK, RSawit, Ekovest, Johotin, ThaiBevBuy, Sell or Hold?
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Update Stock Ideas - CCK, RSawit, Ekovest, Johotin, ThaiBevBuy, Sell or Hold?
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
ThaiBev - Hidden Potential Buying in AccumulationStrength in the chart:
1. Shakeout before 18 Line Change with high volume
2. Testing the resistance with upbars and increasing volume
3. Lots of Sign of Strength in the support level
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock