The market depth for Acromec looked scary. Why? Because it seemed as though the buyers were not supporting while the sell queue will be increasing the moment any buying takes place. One day after the scary sell down, it seemed that the buyers also lost confidence because there are many stale bulls up there waiting to either cut loss or to throw down even further due to the high price they purchased. In the meantime, stay out of this stock.
Ronald K - Market Psychologist - A Stock Market Opportunist