Friday, July 8, 2016

Anchor Resources - Base Built

There was a base built in Anchor Resources which then followed by a gap up and then the run we witnessed. The 5 min chart revealed too much important information where I can see the buyers where secretly buying at the base area and then slowly conducting a gradual breakout before the euphoria we saw earlier. The stock reached a high of 0.148 before suffering some mini selling now. It was a beautifully bullish setup the past 2-3 days. I am trying to spot the next counter which exudes the same behavior.

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Ronald K - Market Psychologist - A Stock Market Opportunist