Friday, September 14, 2018

Rex Intl - Tug O War

Watching Rex Intl for the whole day as the chart looks toppish. The chart has many profit takings but more importantly the stock looks weak rather than strong. However, there are some invincible hands supporting the stock even though it looks weak. Wanted to do a short but then suddenly the market turned which negated my bearish view. Looking to long but then it looked so toppish. So I think the moment it broke above the 0.102-0.103 profit taking area, I will consider taking up the shares. Let's see.

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Ronald K - Market Psychologist - A Stock Market Opportunist