Tuesday, November 14, 2017

Cosco - Supersede Expectations

Cosco just supersedes all expectations where the stock price just kept rocketing higher and higher due to a change of business from shipping to logistics.


As per my last blog post yesterday, I am definitely not chasing this bull until it takes a simmer for me to re-enter again. At this price, it's currently too risky to go long and with today's price being a gap up price where it made it even worse to buy. I expect some short term selling for now until it reaches a demand area again and that's where I would decide to go long again.

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Ronald K - Market Psychologist - A Stock Market Opportunist