Thursday, December 8, 2016

Top Volume Closing - Simmering Action

Look at the Top Volume, what do you see? Can you see that many stocks ran in the morning and hit by blocks and waves of sellers? STI just had a Fake Breakout again and many stocks including pennies and blue chips started to suffering selling. Parkson Retail, Noble, Alliance Mineral, DBS and many others started to all simmer down with buyers locking in profits. In the short term, I am bearish on the Singapore market. Luckily for me, I unloaded all my holdings on Parkson at the peak. The stock then closed at 0.131/0.132!

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Ronald K - Market Psychologist - A Stock Market Opportunist