Tuesday, March 19, 2019

Mid Day Update - Top Volume Observation


The market looked like it lacked of direction at the moment. Stock were pretty sluggish with top volume movers like Thomson Medical is now hidden at the background with sellers pilling up. The banks maintained is posture while the tech sector is slowing simmering off after some distribution up. The oil stocks were not bad, lead by top volume riser Sembmarine as it's currently in play. The shipping sector like Yangzijiang has risen too much which I believe it's time to lock in profits since the stock had been outperforming the STI. In the nutshell, the market is currently off and waiting for something big to happen.

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Ronald K - Market Psychologist - A Stock Market Opportunist