Monday, February 4, 2019

Silverlake Axis - Pre CNY Run




Silverlake Axis is the only stock that is running now with 4.1% up pre CNY. The stock had so much collections and then all of a suddenly, it broke the wall with speed and volume. After that long accumulation at 0.39-0.41, the breakout happened and the rest was history. However, the accumulation process was such a pain as the stock encountered many times that it wanted to run but was flushed down back to the 0.40-0.405 region where one would think that a further breakdown would continue. I had been monitoring this counter for a long time and finally, it started to break out. Congrats all who went long.

http://stockmarketmindgames.blogspot.com/2019/01/silverlake-walls-broken.html

Ronald K - Market Psychologist - A Stock Market Opportunist