Thursday, December 8, 2016

Nico Steel^ - 1000 lots at 0.021

Nico Steel broke out today with high volume. I was wondering if the big boys is in and indeed I believe they are. Shouldn't have chased but itchy fingers and still commit the mistake of chasing. The stock is now trading at 0.022/0.023 which I also believe there were some support for the stock. As for whether will it trend higher, I will need to monitor closely until the trend breaks. The penny season might be here. Watch closely.

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Ronald K - Market Psychologist - A Stock Market Opportunist