Wednesday, November 11, 2015

Rowsley - 9:56am Validated What I Am Seeing Now!



Earlier this morning I posted a bearish outlook for Rowsley.

http://stockmarketmindgames.blogspot.sg/2015/11/rowsley-what-sellers-see-but-buyers-dont.html

Indeed at 9:56am, I saw a humongous amount of sellers distributing and selling the stock silently where retailers would thought it was a buy due to some baby breakout in the 5 min chart. In that post, I also warned of an impending selling that would suffice soon and as of now 3:05pm, the sellers were indeed strong enough to force price down to a low of 0.187. Kindly stay out of this counter now. It's not as bullish as what you think.

Ronald K - Market Psychologist - A Stock Market Opportunist