Friday, May 3, 2019

SembCorp Marine - What I Saw This Morning

Sembcorp Marine wasn't in the Top Volume this morning. The stock was obviously been selling down for days but seldom seen in the Top Volume. As it trended lower, it suddenly appeared in the Top Volume as of now with declining prices. Does it spell something? Does it mean more selling or buyers going to come in soon. As of now, it's obvious that the stock is sell down but very soon, I believe you shall see big buyers emerging. Why? Because it wasn't in the Top Volume in the morning which meant what you see now in the Top Volume could be selling down to dry up the selling pressure first before price can turn up again. This is observation knowledge and if you are interested to observe more, study the Top Volume everyday.

Ronald K - Market Psychologist - A Stock Market Opportunist