Dragon Group primed for new direction for their company, it should be a good news and good move, however one should ask themselves, the penny season is not here yet, can dragon group buck the whole penny trend as the only super stock that ran? Can we trust the news that we hear? Do we know what's really running inside the company? Or do we deduce our observation from the stock price itself?
Analyzing the chart, there was a fake breakout for the BBs to unload, and they a second wave buy up from the public where the BBs would look to unload more there and short sell their and there you see the price today where the stock came off and trended down which caused fear to the public and they cut loss. I believe reading from the chart has more advantage than listening to news and reading articles. Of course that's me, you may be different. But I know, trade records don't lie.
Credits to The Edge
Source from The Edge Magazine
Ronald K - Market Psychologist - The Big Speculator
