Friday, August 11, 2017

YZJ Shipping SGD - Pressure, More Sellers

More pressure in Yzj Shipping as the stock continues it's sell down as per my blog yesterday.

The sellers continue to dominate and the buyers don't have the firepower to support prices and hence prices went down. However in my personal view as of now, I don't think it's wise to short anymore as the stock may rebound anytime. Be alert and look after your short positions if you have any.

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Ronald K - Market Psychologist - A Stock Market Opportunist