Tuesday, December 20, 2016

Acromec - Major Selling

Acromec had a major selling today. The price just suddenly tumbled at a fast speed which then cause a circuit breaker earlier. I am not sure that was the news that drove the share price down but there was a good news on acquisition when the price was up. Studying the chart, it revealed that the buyers were pretty fatigue at the peak and there's where sellers took advantage of it and lock in profits. Let's see how it trends out.

Ronald K - Market Psychologist - A Stock Market Opportunist