Monday, December 22, 2014

Keppel Corp - 4 Consecutive Days

Keppel Corp had 4 consecutive days of breakout as of now. It seemed as though the insiders who went long is currently in profits now. After those insiders went long last 2 weeks ago, there was this one panic gap down for them to accumulate more before we see this heavy rising price which is currently as strong as a burning flame. Studying the minute chart, it revealed more hidden buying and flushes which contributed to today's gap up in prices. In the near term, I am not chasing it. :)

Ronald K - Market Psychologist - The Big Speculator