Friday, January 3, 2020

Trendlines - Trading Halt and Gap Down







The market and the Top 30 Volume today wasn't strong. Most stocks that had to run already ran while most stocks are simmering which is healthy for the market. One stock, Trendlines was the hottest stock yesterday as it ran till like there was no daylight suddenly went halt in the noon and received a SGX query. The response was usually the same but the bad thing was it gap down today after that steep run. I woudn't have traded Trendlines even though it ran yesterday because the stock showed some very erratic movements along the years. It's good to always lock in profits and not be greedy when a stock is rising. Looking forward to next week's trading.

If you are a newbie looking for a proven strategy to trade the market or don't know anything about the stock market but yet want to make $$, register for my talk on Jan 15th 2020 and I will show you all how to detect big players movements using the Top 30 Volume. I will also share all my recent trades and the amount of $$ I made over the past 1 month together with my traders'. Click on the link below and see you soon!

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Update: 3/1/2020, 10:37am



True enough, the market wasn't strong and many stocks REALLY simmered off. The Dow also got sold down on bad news as predicted earlier on this post!

Ronald K - Market Psychologist - A Stock Market Opportunist