Thursday, November 12, 2015

Keppel DC Reit - Steady Sellers


After IPO for almost 11 months plus, Keppel DC Reit now has enough bars and data for reading the footprints of the Big Boys. Looking at the short term movements, it looks as though the sellers are coming out soon. The buyers had already finished their buying and looking to distribute and book profits now. Look at the 2 drawn imaginary lines, those were the lines of distribution and hidden buying zone. We shall monitor when price reaches the buying zone again. This is a slow stock so there is no point monitoring everyday.

Ronald K - Market Psychologist - A Stock Market Opportunist