Thursday, August 10, 2017

YZJ Shipping SGD - Selling After Breakout

YZJ SGD had a fake breakout in the morning and started to tank further after the short selling in the morning.

Buyers seemed to be worn out and sellers seemed to be overpowering. This is a stock that requires attention as it could be flushy and washy at times. Cosco is not following YZJ that much and hence focus on other counters is the best.

Ronald K - Market Psychologist - A Stock Market Opportunist