Monday, June 2, 2014

Federal Int - Galloping At The Last Hour




Today at the very last hour or so, Federal had a sudden mad rush with heavy volume buying which caused it to gallop all the way from the back and then appeared to the Top Volume. I am not sure what's the news or why was there a sudden heavy buying but all I knew was this call was made in the SMMG Club last Thursday on May 29th 2014 when the price was 0.035/0.036. Many students made $$ on the same day, however some decided to go for a longer swing and held on.

http://stockmarketmindgames.blogspot.sg/2014/05/federal-int-making-club.html

Today Federal closed at 0.04/0.041. It revealed that the buying was strong. For tomorrow Federal would trend higher and my game plan is to unload Federal at the right timing so as to book and secure $$. When is the right timing? I would need to watch the opening first 30 seconds to decide. Stay tune to http://stockmarketmindgames.blogspot.sg/

Ronald K - Market Psychologist - The Big Speculator