Monday, April 15, 2019

OCBC - Blue Chips Falling

As mentioned earlier in the morning that most blue chips are falling down, OCBC is leading the banks while UOB was not sparred. The huge climb up last Friday seen on the 5 minute chart last Friday could be distribution at the supply zone before the short term selling happened today. I wouldn't long blue chips in the market now as they mostly showed weakness. Penny stocks on the other hand had different strength. My CFD was always ready and it's just a click of a button to short sell at the peak.

Ronald K - Market Psychologist - A Stock Market Opportunist