Friday, October 26, 2018

UOB - Good Results, Stock Sold Down

Good set of results out for UOB and the stock suffered selling continuously all the way down since opening at 9:00am earlier. I am not too sure if the results had already factored into the stock price or what but the sellers were fierce in their selling. It shows you why never believe in fundamentals of a stock but rather what the BBs were trying to achieve after a good news is released. I have witnessed many stocks with the same example and UOB was just one of them today with good results and sellin down to 3%.

Ronald K - Market Psychologist - A Stock Market Opportunist