As I gave a Whatsapp bullish call on Jumbo last Friday, I was also watching Jumbo for sellers and wanting all my members to lock in $$. Click and read below.
http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-whatsapp-call.html
http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-normalized-buysell-market-depth.html
As the stock opened 0.61/0.615, I realized that it was a very mini gap up in the 5 min chart and shortly after, the stock ran to a high of 0.62/0.625 where I captured the market depth to show it's weakness on the buy/sell Q as shown on the link below, which warranted a book profits call and hence I sent out a Whatsapp call to lock in short term $.
http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-short-term-selling.html
Coupled with my early morning bearish outlook of the market in my private forum at 8:18am, I decided that locking in $$ is the best option for today's game plan. As usual, my morning outlook once again materialized as predicted way before SIMSci futures opened! I am glad members made $ again be it from my morning outlook or Jumbo. I am possibly done for today as I have an important talk later in the afternoon. Enjoy trading. :)
Ronald K - Market Psychologist - A Stock Market Opportunist
