Friday, May 11, 2018

Hi-P - Profits First, Reactions Later

Locked in profits for Hi-P when it gap up yesterday with such a powerful buy up. The stock was running on Wednesday and all of a sudden it met more buyers and closed strong with 4.9% gain in one day. The next day, the market was bullish in the morning and Hi-P gap up one pip where I believe it's time to sell. At the moment when it was up, I studied Venture chart and sellers were looking to sell and hence I thought it was wise to do the similar and that's to lock in profits for Hi-P first to avoid unnecessary reactions. Many of them traded and congrats to all who made $ in Hi-P.

Ronald K - Market Psychologist - A Stock Market Opportunist