Thursday, September 14, 2017

SPH - Unrealized Profits $3000

It looks like SPH is recovering as it hit the bottom with a 2 Bar strategy in place. I saw the stock yesterday and luckily I did not went short as it had been trending dow for quite a while. 50 Lots traded nearer bottom yesterday and the price is now 2.66 where in unrealized profits of $3000. The stock looked like it's forming a beautiful trend and it's moving up with serious buyers. Once the trend is formed, more buyers will start to kick in.

Update: 14/9/2017, 10:22am

Locked in profits for SPH for short term as the price rose nicely. Will do another swing trade on the next turning point. Watch it closely.

Ronald K - Market Psychologist - A Stock Market Opportunist