Thursday, November 7, 2019

Rex Intl - Amazing Recovery After Collections



Simply amazing recovery in Rex Intl earlier in the afternoon after the market started to have a rebound. I studied the chart and the collections was just beautifully setup before prices soared back and past the 0.170 mark where the ultimate supply was. Buyers just kept whacking up the shares and sellers were not allowed to stymie the buying wave. I critiqued the buyers/sellers wave in depth and discovered that when a stock is in play consistently and it's the Top 1 stock where everyone is playing, it's very important to study the minute chart for entry when the buy/sell activities are the most quiet. In summary, buy before the run or breakout happen is the most important when trading a very active stock.

Ronald K - Market Psychologist - A Stock Market Opportunist