Tuesday, June 16, 2020

SATS - Reading Demand/Supply Zones





Locked in profits in SATS the other day as the stock had a good rebound in the recent run. The stock was under some serious movements as it moved together with the overall blue chips in Singapore. SATS was a stock that was picked using the Top 30 Volume because it was flashing there last week with buyers and hence, there was an opportunity for long. The supply/demand zones for this counter is quite easy to read where one can see where the buyers were. Locked in profits already and moving on to the next counter since the market in Singapore is as usual boring.

Ronald K - Market Psychologist - A Stock Market Opportunist