Tuesday, September 22, 2015

Ying Li Intl - Sellers Volume




Studying the 5 min chart of Ying Li Intl, there was this one throw down earlier just now with a huge volume of 2,784,900 shares where it created a sell down in Ying Li. Although the throw down was heavy, the stock I believe is still bullish in the mid term. Short term wise, expect some reactions first before moving upwards. Market suddenly turned bearish in the afternoon, be alert tomorrow. May have an avalanche of sellers.

Ronald K - Market Psychologist - A Stock Market Opportunist