Monday, May 4, 2015

Cosco - BBs Taking Profits



Today's Top Volume exudes some strange behavior. After a long weekend, I have got to restart my watching ability and start scouting for good counters again. Well, however Cosco caught my attention. After we unloaded last week at the peak, Cosco suffered a blow with today's price tanking further and went south.

http://stockmarketmindgames.blogspot.sg/2015/04/cosco-hottest-china-shipping-stock.html

In the near term, I am still bullish on this counter but I know I need to hop in at the right time, NOT the right price for the turn. I will monitor closely.

Ronald K - Market Psychologist - The Big Speculator