Thai Bev

Thai Bev: Sias technicals says players should wait for ThaiBev to retrace to $0.40 - 0.435 support levels before entering the stock. Notes the doji in the last session suggests the stock's gradual uptrend could be nearing resistance, with volume also shrinking. Says, at best, prices are likely to be range bound over the next few weeks; there are no signs of a downturn, however a temporary correction could be on the cards. Tips further upside will depend on the depth of the correction; mid-term momentum continues to look resilient. The stock is down 2.2% at $0.435.