So happy to receive another great Whatsapp from another student earlier in the morning where he spotted the bullishness in SembMarine last Thursday and went to lock in profits $ today when SembMarine gap up with a super good news below.
https://www.theedgesingapore.com/sembmarine-takes-15-mil-hit-sale-nine-rigs-borr-drilling-18-bil
As the market gets tougher with selected stocks running only, a skill that last a lifetime is important for spotting gems like this BEFORE the news is out. The question is how did he see it before the factual news was out? I don't think any stock screen scanners is able to fish out stocks that can gap up and give you the edge against other traders because most of it is end of day data. It's a combination of knowing how collections work combined with the weak selling with some mini flush that he knew that this stock was strong and it's a signal to buy.
The most important scanner is actually your eye ball together with the right skill set, I am confident you should be able to spot some hidden gems like SembMarine. I am pleased this student signed up for my SOMM and in December, I will coach my last batch before I end it. Congrats!
FOLLOW RONALD K TRADES:
Ronald K - Market Psychologist - A Stock Market Opportunist
