Thursday, December 28, 2017

Lian Beng - Moving Up The Ladder

Lian Beng is slowly moving up the ladder today with more and more buyers appreciating the value that the stock is going to unlock. I remembered when I posted my bullish view on Dec 20th, the stock was under some serious accumulation and the other stocks where I mentioned like Oxley, KSH, etc were all also experiencing the same accumulation behavior. Click and read my earlier post.

Today, we are reaping the rewards of more up move from Lian Beng, KSH and Oxley when accumulated at lower price. I expect this counter to soon hit a supply zone for short term selling before moving higher.

Ronald K - Market Psychologist - A Stock Market Opportunist