Friday, December 16, 2016

Yangzijiang - Oh My, It Gap Down!

Oh my, Yangzjiang broke down today with a huge gap down with some bad news! If you have read my blog on Dec 14th, 2 days back and shorted the stock, you would have profited from the sell down today! Click and see my bearish post on Yangzijiang when I posted at 8:26am in the morning before trading started.

This is as good as a live call and live alert where I made predictions before it happened. The stock was really weak with no much real buyers and mostly on distribution up. Not only that, upside was capped with so much sellers whereby there was virtually no supporting the higher price at all. The gap down today was pretty much predictable using chapter 4.

Ronald K - Market Psychologist - A Stock Market Opportunist