Thursday, July 27, 2017

Thai Beverage - Buyers Disappearing?

After all the mad huge volume buying yesterday, Thai Beverage went simmered without buyers and it's not in the Top Volume today. I was correct on not to touch this counter because the overall market condition is not right. Click below to see my analysis yesterday.

Even though the funds are buying, I strongly believe no stocks can beat the overall market condition should the market turns sour. With such huge blocks being eaten up yesterday, today the price for Thai Bev reaches the buying price from Capital Group but the buyers disappeared. I will continue to stay out from this stock until the next turning point.

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Ronald K - Market Psychologist - A Stock Market Opportunist