Shared a bullish setup on M1 this morning at 8:50am LIVE on my blog and end of day, the stock closed at day high with some collections going on in the afternoon.
For the whole day, many stocks like DBS, Valuetronics and some other counters had been trying to breakout while the rest just ran a little pips and stayed stagnant. M1 had a good amount of Contra squeeze and the stock might have another round of squeeze before the real, sustainable breakout will be seen. Congrats to all who longed M1 earlier. :)
Ronald K - Market Psychologist - A Stock Market Opportunist