Aspen - Good News Released, Stock Price Up 13.5%

Aspen shot up today on good news. The stock recorded 13.5% gain after the news was released. Chart wise it was great as the stock touched a demand zone and started to have some buying going on. Of course, the signal setup wasn't as strong as Medtec but still because it wasn't somewhat linked to medical stocks, it reflected in the Top 30 Volume and the price move up north. The breakthrough point was the wall in the 5 minute chart where the buyers managed to push through the resistance at higher price before the good news released. Actually, that was the signal to watch out for because if buyers are willing to take higher prices, it means that is something brewing in the company and buyers don't mind high price.

Ronald K - Market Psychologist - A Stock Market Opportunist

Aspen - Profit Taking and Simmering Down

After an extremely powerful run yesterday, Aspen finally suffered some profit taking and it's starting to simmer off. From morning 0.39, it's now 0.35 as the buyers decided that the stock touched a supply zone and it's time to lock in $$. The Top 30 Volume recorded Aspen as of now being actively and heavily traded and I believe there are more trades waiting to get in at cheaper prices maybe later? In the 5 minute chart, the stock gap up where many buyers went to chase higher price to finally realized that it was a maneuver to take profits along the way. A good trader knows how to enter and exit while an average trader knows only how to enter. An excellent trader knows how to enter, take profits along the way and finish a clean job near the peak. Ponder about this.

Ronald K - Market Psychologist - A Stock Market Opportunist

Aspen - Scalping with $1200 based on Blog Post

A good decent $1200 profits in scalping Aspen earlier. Not me, but my student who just recently learnt my strategy only and to me it's extremely good $$ for a few hours job. This is the stock that my trader friend gave me and I just posted on my blog for all to see his accuracy. He got the job done and the stock still left some meat and hence my student traded and managed to make $1200 from it. I mean the stock has some strong signals even though it ran up a lot and if one is scared, one can always employ a scalping mentality and do a quick trade. Still, although $1200 is not a lot of $$, it's better than trying when the stock has pt and distribute up.

http://stockmarketmindgames.blogspot.com/2020/08/aspen-next-glove-maker-stock.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Aspen - The Next Property Developer Stock

A powerful property stock ran today. After Vicplas had it's one day 47% gain, Aspen looked like it's following the trend and looking to follow another stellar performance. In the 5 minute chart, I saw some BBs buying while in the daily chart, there was some kind of long accumulation for the stock for higher prices to come. Today it recorded 44% high where after opening, the buyers just took whatever price and move the stock higher. Volume is also swelling and the buyers just followed the glove maker wave of rising prices. My trader friend is really sharp as he alerted me about Aspen in the morning BEFORE the market opened. This is a hallmark of a great trader as most of my traders can smell blood before actually seeing the blood. Good job~

Update: 24/8/2020, 9.47am

Aspen went crazy as the stock shot up even higher to 73% in 45 minutes where more buyers flocked in to whack up the shares. Vicplas went into circuit breaker where the prices rampant up too much! The catalyst news could be this news released on Aug 13.

https://www.theedgemarkets.com/article/property-developer-aspen-teams-chua-ma-yu-rubber-glove-venture

Ronald K - Market Psychologist - A Stock Market Opportunist