Medtecs Intl - Inflation of Mask Price due To Virus

The Dow Jones collapsed -600 points last Friday as the WHO stepped in because of the epidemic proportions that the virus has spread. It was serious where fear was everywhere and the Dow Jones could not contain it's earlier gain and got slammed down hard. Due to the virus spreading, masks had been inflating in price and clear Medtecs Intl stock can only go up. Hence this morning it gap up and suddenly, it rocketed up with speed.

https://www.straitstimes.com/singapore/govts-price-controller-requests-store-at-313somerset-to-explain-alleged-inflated-mask

From morning till now, it's already up 24% and the stock just continued to dominate the top 30 volume with rising price. Most stocks are battered down while only this counter and some other medical stocks are moving a little. From the chart, the setup was nice was nice as there was a flush first before it ran. Many panic throwing were observed last Friday and today price run was the resultant of the panic sell down last week. I will look to swing a little more before taking profits.

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Ronald K - Market Psychologist - A Stock Market Opportunist