Sign of Strength in the chart:
1. Change of trend with Bag Holding and Stopping Volume
2. Accumulation with Pullback
3. NS as support
4. Green Pentagon with Line Change
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment...
Prices could push lower before it reaches our buy entry, in line with our graphical support area, 78.6% fibonacci extension and 78.6%, 127.2% Fibonacci retracement where we could see a bounce above this level.
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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Prices are facing bearish pressure from our resistance where we could see a p pullback to test our support level at 0.860. Overall trend is still bullish for me as long as prices holds above the ascending trend line though I do caution the limited upside as prices are near our graphical swing high resistance on the daily time frame.
Prices are approaching support where we could see a bounce above this level. Ichimoku cloud and stochastic are showing signs of bullish pressure as well, in line with our bullish bias.
Sign of Strength in the chart:
1. Change of trend with increasing volume
2. Gap up above accumulation
3. Breakout with Green Pentagon high volume
4. No Supply signal in weekly chart
Hit the "LIKE" button to support us :)
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and...
Sign of Strength in the chart:
1. Strong uptrend with GAP
2. Reaccumulation
3. Triple NS signal
4. Green Pentagon, increasing volume at resistance
Hit the "LIKE" button to support us :)
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...
Sign of Strength in the chart:
1. Strong mark-up stage
2. Pullback setup
3. Price going back to NS with Green Pentagon
Hit the "LIKE" button to support us :)
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
SGX nifty it's gearing up for stronger move. And if break on upside will see new levels next week.
Any close below 14950 gives 🐻 hope and strength which possibly is not on the cards.
Finger cross for bulls to bring the party
