Saturday, February 9, 2019

ThaiBev - Shorting at Supply Zone





ThaiBev has been a superb stock for the past 1 month. It's been climbing up the ladder non stop from 0.58 to a high of 0.775 before a small crack in the minute chart was observed and the stock started to slumber after the CD. Before the run to the 0.76-0.775 range, there was also this exhausted gap up in the 5 minute chart where it indicated that demand was almost dried up and I believe that's the time to short and lock in profits. I was pretty impressed with this student of mine as once again he proved to be a time tasted trader whom is self independent and always got the job done. Yesterday he made another $2900 and I know he has some other positions which was not closed yet but in some unrealized profits. Good shorts and good observation skills!

I will be sharing 5 trading strategies while one of them is using CFD to do effective shorting. I have many registered for the talk already. So if you are interested, kindly register using the button below. See you there.

Eventbrite - Register for a workshop on How to be a Pro Trader

Ronald K - Market Psychologist - A Stock Market Opportunist