Monday, March 7, 2016

Global Logistic - Bearish Setup



GLP revealed some signs of hidden selling. The Sellers were persuasive and I am expecting the stock to come down in the short term. Shorted for a quick punt. Look at how the sellers had a first wave of selling first, then they distribute to a higher price for short selling. I am overly bearish for the short term.

Ronald K - Market Psychologist - A Stock Market Opportunist