Tuesday, July 26, 2016

Katrina Group - Amazing Drop with Market Depth



Katrina indeed dropped further after all my Katrina Analysis today! See my initial warning post to be cautious and look out for sellers in the 1 minute chart.

http://stockmarketmindgames.blogspot.sg/2016/07/katrina-group-1-minute-chart.html

Then the stock started to break down..

http://stockmarketmindgames.blogspot.sg/2016/07/katrina-group-breaking-down.html

And now, the market depth revealed more weakness which I believe the next few days Katrina may not be looking so good since the sellers were relentless with their selling. The buyers were trying to support to the stock but to be only met with pile and pile of more sellers. Continue to stay out until the next turning point.

Ronald K - Market Psychologist - A Stock Market Opportunist