Sunday, April 15, 2018

SGX - Upgraded to Buy on Rising Volume

We traded SGX earlier yesterday and today because the chart showed some serious collections and bullishness that one has to pay attention to. Longed 98 lots in total and suddenly after market yesterday, there was a buy report for SGX which made me believed my analysis was correct during my talk on Wednesday which I shared this counter and also during the trading hours yesterday.

The daily chart as a panic sell down and the min chart has some changing and flipping of the buy/sell queues which made me believe that this stock has some invincible hands supporting. I am looking forward for Monday to see what happens.

picture source:

Ronald K - Market Psychologist - A Stock Market Opportunist