Thursday, June 28, 2018

DBS - Longed 10 Lots

DBS ran late in the afternoon. The stock was so weak in the morning but then suddenly after lunch towards late noon, the stock turned up a little and started to run. Longed 10 lots at a bad price at 26.46 and the stock ran to a high of 26.59 before it started to sell down a little. In the 5 minute, it looked like it's coming down so chased on momentum when it was about to run up earlier. I never expect the market to rebound today because sellers were heavy but it did. Although the rebound was not strong, still there was a window of opportunity to make $ than not trying. Looking forward to more trading tomorrow.

Ronald K - Market Psychologist - A Stock Market Opportunist