Oil Penny Stocks - Slumbering and Crashing

Oil related penny stocks are now tumbling. The market has a selling across the board for all penny stocks. None of the penny stocks looks strong now as many panic retail traders are throwing down heavily. Combined with the big players selling, these stocks can only go lower. The problem is there isn't any scripts for shorting and hence if one wants to capitalized on the selling, he/she has to do naked shorting. To do effective naked shorting, I strong believe one must follow the momentum of the selling since it's a intraday, 1 day thingy. Without strong momentum, naked shorting is tough and yesterday and today looks to be great for this opportunity. Looking forward to trained more traders on this aspect of trading.

I will be doing some stock picks in my instagram account, so if you are interested, can follow me on the below link.

https://www.instagram.com/ronaldkstockmarket/

Ronald K - Market Psychologist - A Stock Market Opportunist