Thursday, September 13, 2018

SembMarine - Traded 30 Lots

Sembmarine continued it's up trend today with buyers snapping up the shares even at higher prices. At this point of time I studied the chart carefully and decided that I would look to sell more than buy as the bulls looked exhausted in the short term. Traded 30 lots at 1.77, not the best price but at least I saw that the bulls were ready to take it up and that's where I gun it at a good timing. This stock is something erratic and it's hard to predict but with the recent oil related counters moving, it's moving in tandem. Watching for another stock now.

Ronald K - Market Psychologist - A Stock Market Opportunist