Friday, October 13, 2017

Raffles Education - This is What I Saw Earlier

Earlier on I posted about Raffles Medical hitting the sellers zone at 0.4 while the stock gap up today with many last minute buyers scooping up the shares. While there were many buyers buying up the shares, because it hit a selling area, the stock suffered some sell down now to a low of 0.355 as seen in the Top Volume.

I realized whenever there is a huge volume chasing, it's almost a signal to lock in profits instead of following the herd to buy. Many other property counters and oil and gas stocks are running today and hence one have to shift their attention there today. Looking out for the next big trade.

Ronald K - Market Psychologist - A Stock Market Opportunist