Thursday, March 20, 2014

Capitaland - Sellers Throwing or BBs Flushing?



It seemed as though Capitaland could not hold on to the 2.7 price level. The sellers were stacking there waiting to sell the stock. All the rebounds were witnessed this past week in Capitaland were simply nothing but fakes. In my personal opinion, the meat to short this stock is not there and soon a rebound is imminent. It looks like sellers is throwing in the white towel but in fact the BBs were performing a flush first before conducting a rebound. Whatever it is, watch is the best vigilant tool now and only take action when the timing is correct.

Ronald K - Market Psychologist - The Big Speculator