On Tuesday, THBEV re-test the resistance at $0.555 and closed at $0.54 with HIGH volume of 44.02 million shares traded.
RSI & MACD are bearish as RSI trend downwards.
Important Resistance of THBEV: $0.555
Immediate Support of THBEV: $0.495
Currently prices are well below 20/50/100/200 days MA.
Since 22/May, prices have been trending downwards and forming a lower high and lower low. This is a bearish signal.
The resistance at $0.555 is expected to be strong.
We do not suggest buying till the resistance at $0.555 has been breached with heavy volume since this resistance likely to create problem for bulls.
Stock Chart: THBEV! is contributed by : Singapore Stock Information Exchange
