Wednesday, December 7, 2016

Acromec - Burst of Strength, Hot Stock

Acromec had a sudden burst of strength where there were willing buyers to absorb the stock at 0.52 which I am very alert of. The stock had run up almost 13% today where ti reached a high of 0.54 now and there seemed to have no sellers. When there is no sellers willing to let go, it means buyers are strong. But when the sellers emerged, one has to see how much sellers were there before deciding if the stock can run up further. The demand is strong now, I haven't seen supply, so let's wait and see if any later or tomorrow.

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Ronald K - Market Psychologist - A Stock Market Opportunist