ThaiBev after Friday's red bar, it looked as though sellers appeared where buyers found it hard to support this counter. Although the selling was not fierce but it's definitely something that needs extra notice and caution. In the near term, I expect ThaiBev to suffer some reactions first before distribution up occurs at the top.
Another counter worth noticing and cautious is Genting SP, it had been sold down continuously since I posted and warned about sellers last month! The closing of last Friday just continued to proved that sellers prevail where buyers could not withstand the strong force of selling.
http://stockmarketmindgames.blogspot.sg/2014/08/genting-more-sellers-emergred.html
http://stockmarketmindgames.blogspot.sg/2014/08/statschp-sellers-true-colors.html
http://stockmarketmindgames.blogspot.sg/2014/08/genting-broke-down-further-with-sellers.html
Ronald K - Market Psychologist - The Big Speculator
