Monday, August 1, 2016

Sino Grandness - Circuit Breaker, CIRB!

I continued to receive more winning trade records from my students as we shorted Sino Grandness last Tuesday. Congrats to everyone again and now SGX starts to put a circuit breakout in Sino which contributed to the sharp rebound we see now! The drop was so severe that something needs to put a stop into it and hence a CIRB was employed to stop the bleeding. Some bad news must have been in the background or the sell down would not have happened so badly. But well, I spotted the sell down before it actually happens today which was hidden selling last Tuesday. See my previous post below on our Whatsapp alert.

The buy/sell Q and market depth revealed more information that the rebound was about to happen and hence most students locked in some good $. I am lucky enough to capture the buy/sell Q when it was at the bottom. Study the buy/sell Q and see why the rebound was almost imminent where we locked in $.

Ronald K - Market Psychologist - A Stock Market Opportunist