Sunday, April 27, 2014

Capitaland - Short Term Reactions

Studying and analyzing the chart of Capitaland, it seemed as though in the short term, the stock would suffer reactions and all those who longed at the high would be forced to cut loss. The recent high for Capitaland is $3.27 and if I would to take a trade on this counter for a quick short, my cut loss would be 3.31 there about. I believe there is still strength in this counter but it's just that short term wise, there are sellers looking to book profits so why not sell together with them?

Ronald K - Market Psychologist - The Big Speculator