Thursday, April 12, 2018

Hyflux - A Long Breakout

Hyflux had a long breakout today after the AGM. I am not sure what's the news or what drove the stock up, but there was a huge married deal of 15 million shares done today. After market opened, the stock just shot up with a very fast speed with a breakout bar in the daily chart. Earlier in the morning, the Top volume recorded Hyflux with the highest amount of traded volume and the stock was just strong, refusing to go below 0.28 as of now. Should there be a contra squeeze, this is a stock to watch out for.

Ronald K - Market Psychologist - A Stock Market Opportunist