Tuesday, November 27, 2018

Best World - The Higher Climbs Higher




The market sell down today. With Dow Jones up 300 points, the market cannot move and experienced selling instead. However, there is one golden counter that buck the whole trend and that is Best World. The stock was pretty strong and kept rising with wave of big volume. Bit by bit, the buyers bite and the stock just went up 4.3% while the rest of the market went stagnant or lower. I am not sure what's the news in Best World but I am not taking the risk because it has reached a critical supply zone now. Hi-P is so much better in terms of trading for now.

Update: 27/11/2018, 1.03pm



Best world tanked with so much heavy selling as captured in the 5 minute chart. Wow, Hi-P is so much better in trading than Best World.

Ronald K - Market Psychologist - A Stock Market Opportunist