IFast, Jumbo - Trade Records

Jumbo and IFast had been running lately. The above is not my trade record. It's my student's as she traded both counters herself using the strategies I taught her in my stock operation course. She managed to spot the turning points herself while I was trading other counters. She made about $7000+ close to a month of swing trading. I really applaud her for her courage and skills in spotting such stocks. Congrats~! :)



Ronald K - Market Psychologist - A Stock Market Opportunist

IFAST - The Only 1 Stock

The whole market went into some boring mode. Nothing really moves much and every trader is in pre caution mode. I only saw IFast as the only stock that briefly touches the Top volume with rising price and then started to hang on there. The rest like New Silk Routes had a huge major sell down and today started to show signs of some buying again. Other than that, there is nothing else and I am staying out until the signal becomes clearer.

http://stockmarketmindgames.blogspot.sg/2017/06/ifast-swinging-3520.html



Ronald K - Market Psychologist - A Stock Market Opportunist

IFAST - Swinging $3520

IFAST continued to run today with news that they are going into the property sector. From 0.85 when my student first longed Before the news was out, it was actually all well planned and executed. It's currently trading at 1.025 where price kept continue to rise with buyers supporting the stock. Swinging the trade with $3520 profits. Congrats!

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementLast3MonthsSecurity&F=W4CNPM1TYDQ6XB1P&H=1649e67ade1a420f13d574267055b437846dc5223ed8c8abd2ec8e477a869d88



Ronald K - Market Psychologist - A Stock Market Opportunist

IFast - Good News Released

IFast released a good news today where the stock gap up today and reached a high of 0.96. Normally traders would buy on rumors and sell on news. However today, when the news was out, the stock suffered just a small drop and continued to trend higher. Click below to read the news.

http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=W4CNPM1TYDQ6XB1P&H=bdd261be9dbc091747b35db0d3ef7338c7f92dc29a6781e12e4393f3982e56f3

I was surprised one of my student who was watching this counter managed to hop in at 0.85 Before the price gap up this morning! The trade is still on as the stock exudes strong buying force. $2100 with just 20 lots is definitely a good return. Congrats!



Ronald K - Market Psychologist - A Stock Market Opportunist

IFAST - Unrealized Profits

I am not sure what the news is in IFast Corp today but the stock gap up in the daily chart. Should be some good news. My student is still hanging on to the trade she longed at 0.85, congrats! The market is so so hot today with so many penny stocks in play. It's a good day for trading and making $.

Ronald K - Market Psychologist - A Stock Market Opportunist

IFAST - Some Upside Seen

Some upside was observed in IFAST after my blog post on a Saturday! See the 5 minute chart and also see the daily chart, the stock turned up.

http://stockmarketmindgames.blogspot.sg/2016/08/ifast-lucrative-upside.html



Ronald K - Market Psychologist - A Stock Market Opportunist

IFAST - Contra Squeezing

I was watching an interesting stock called IFAST. The stock had plummet since May 26, 2015 and ever since the liquidity has phased out and it was getting more difficult to lock up more shares. Studying the chart in a more careful perspective, the stock now seemed to looks bullish, but I expect just a little more selling first before more upside can be materialized.

In the daily chart, there was a high volume breakout but for those who love Technical Analysis and love to chase after breakouts, the BBs normally would do a contra squeeze first before a real upside can be seen. In my trading plan, I rarely chase after breakouts because it's a sure way to die and hence for this stock to move higher, I need that deadly contra squeeze until I see force selling. By then, it shall be a good time to enter at a low price at the right time since most retailers have liquidated.

If you love short term trading on Singapore Stocks, do join me next Tuesday as I will be sharing and revealing more on Contra squeeze and how to spot the traits. Click and regsiter below.



Ronald K - Market Psychologist - A Stock Market Opportunist