Biolidics - 40% Gain in 1 Day

Biolidics just shot up so high with 40% in one day. Oh my, I admitted I made a mistake yesterday openly on my blog earlier in the morning and true enough, more buyers swarm in and swept up the shares which caused the shares to trend much more higher than earlier. I am really amazed by the speed and power of this run and congrats to everyone who loaded up the 2nd round and profited from it. See the 5 minute chart, there was just so much collections and no profit taking. I am happy for most who traded this counter and thanks for the email Mr Tan. The skills I taught you can be used to replicate in all instrument, all markets and congrats to your profits in Ying Li, Biolidics and Lippo Malls.

Ronald K - Market Psychologist - A Stock Market Opportunist

Lippo Malls Tr - This Stock Surged 9%

After selling down for many years, Lippo Malls started to see a new life again. The stock is currently trading in the Top 30 Volume with rising price and also gained some momentum and interest after so long. I am not sure what the news is, but the key thing was profit taken and made some good $$ although small gain. Seldom trade Singapore stocks and even if I do, I am trading like small positions because the profit is not great. To win big, you need to take more risk and higher volumes which I am not willing to do so at the moment for Singapore stocks. Looking for the next stock now.

Ronald K - Market Psychologist - A Stock Market Opportunist

Lippo Malls - Bad Chart

I studied the Lippo Malls chart carefully since it was in the Top volume which was rarely seen. From the chart, there was no cob, no ws but mountains of sellers looking to sell and maybe cash out. The chart tanked and it looked like there were no signs of turning anytime soon. I then flipped over to all Lippo Malls related companies like OUE, OUE Commercial Trust, and Lippo Healthcare. All of them lacked of buyers at the moment and one by one they started to fall off the cliff. Bad news must have been mounting and emerging where it's so bad that it shook away quality buyers. Click the below link to see the bad news.

https://www.theedgesingapore.com/arrests-leave-one-southeast-asias-biggest-projects-limbo

https://www.theedgesingapore.com/indonesia-arrests-nine-bribery-probe-linked-29-bil-lippo-group-project

In the near term, I will shy away from this stock. It used to be one of the hottest stock back then but fortune and luck can change. It's very important to pick the right counters for trading and investments. Even if you have $$ but pick a wrong stock to invest, still it will go down the drain. Over the years of my trading and investments, I made some hefty mistakes but every time I take it as a hard lesson and never commit them again which allowed me to survive so many years. Register for my last talk of the year on the below button, I will show you how to pick good stocks.



Ronald K - Market Psychologist - A Stock Market Opportunist