Wednesday, August 2, 2017

Yzj Shipping SGD - A Bearish Whatsapp Alert

Sent out a bearish Whatsapp alert on Yzj shipping earlier for those who are interested in shorting. I must admit, this morning I could have shorted at a better price but I was too busy working on other projects and hence missed the best price. Well, still with the best timing, we are still able to short at 1.435 and the stock tanked after that. The whole process only took like 1.5 hours and the sellers repeatedly came in to sell the stock.

Studying the time and sales, the sellers mostly came in around 10.42am where it was concentrated and humongous. In the chart wise, the collections failed and that's the signal to indicate that Yzj was weak. Congrats to those who shorted and made $.

Ronald K - Market Psychologist - A Stock Market Opportunist