Monday, December 16, 2013

Boustead SP - Mid Term Bearish

The chart of Boustead SP exudes wave of sellers. In fact, the sellers were huge and waiting for short selling. Most of the BBs had already booked profits in this stock and are now planning to distribute it. The moment distribution is over, Boustead's selling would appear. I am mid term bearishness. It could take weeks to months.

Ronald K - Market Psychologist - The Big Speculator