Tuesday, June 9, 2020

Capitaland - Locking In Profits At Supply Area







The market moved higher everyday. The stock market is having one of it's best week ever where there wasn't any reaction and the market just continue to trend with higher prices. Locked in profits for Capitaland and also shared some great outlook in Google meet last week where students used it to make profits from my calls. Capitaland touched the supply area and it looks like it's time to simmer off but because the market refused to tank, hence, it's just there dangling waiting for sellers to emerge. Look at the Top 30 Volume, most stocks have no strength besides some small penny stocks and study the market depth for Capitaland and you shall witnessed the Queue numbers have a plethora of juicy information on the sellers. Looking forward to the next trade!

Ronald K - Market Psychologist - A Stock Market Opportunist