Wednesday, December 27, 2017

Falcon Energy - Sold with Profits

Falcon Energy had been on a good steady rise recently as it was the hottest stock in the market right now. Today the stock gap up and tried to run where it reached a high of 0.078. I saw a wave of sellers emerging because of oil prices ran last evening and hence looked to lock in profits.

There are many penny oil related counters running today due to oil prices last evening and today seems to look like there are opportunities to make $. The market also looks to poised higher and with the Top Volume exhibiting many stock attempting to run, it's a day to look to trading opportunities. I am done with Falcon Energy for now and I am scouting for the next stock.

Ronald K - Market Psychologist - A Stock Market Opportunist