Medtecs Intl slumbered down 6.6% today. The stock was flashing with sellers while the whole market looks bullish. From the Top 30 Volume, you can see that this stock was dead obvious without strength while the rest still had some good movements. From the chart, the stock suffered many pt in the 5 minute time frame while the daily chart didn't show signs of turning up and hence the selling continues. It's tough trading Singapore stock because the movements are slow and not great while the US market can see results really quick. I will continue to work only in the US market because that's where the millions can be made.
Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.
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