Oh my, Noble is losing some steam early and it's now trading at 1.23/1.235. Bulls were trapped yesterday and I can see many are panicky now for those who bought near day high yesterday thinking it will rally further. Be on ALERT!
Like I speculate in the morning, some counters are taking a breather now like Wilmar, Noble and some others. I also warned not to chase Noble yesterday. I shall talk more about Noble in the upcoming preview this Friday. :)
http://stockmarketmindgames.blogspot.sg/2012/08/sti-breather.html
http://stockmarketmindgames.blogspot.sg/2012/08/noble-group-brokeout.html
Ronald K - Market Psychologist - The Big Speculator
