Wednesday, June 24, 2020

Singapore eDev - 62% in One Day



Singapore eDev just shot up 62% today. The stock just had some good news and if you are interested to know what news, click on the link below to read.

https://links.sgx.com/1.0.0/corporate-announcements/J5Z37NLMEH0GQ898/SeD-PR-Equivir_3F_GRDG_Sciences.pdf

However news is always late in buying in because price already rose a lot. The key is to watch the chart for accumulation and some key maneuvers of what the big players were doing so as to get a heads up on what's going to happen to the stock next. From my somm manual, the stock had chp 4, had accumulation, experienced a flush and that's why it ran. Easy to spot but because it's a penny stock, not many dare to trade. Congrats to all the traders who went in and made $. It's a good day with 62% gain in 1 day!

Ronald K - Market Psychologist - A Stock Market Opportunist