Wednesday, July 20, 2016

Geo Energy - Sinking Down





Geo Energy continued to sink after my bearish blog post yesterday. The stock was just pure weak and flushy without any major support.

http://stockmarketmindgames.blogspot.sg/2016/07/geo-energy-breakdown.html

It looks like many retail stale bulls were trapped up there suffocating, waiting to book profits but unable to do so because of the dipping prices. I am cautious about this counter.

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Ronald K - Market Psychologist - A Stock Market Opportunist