After spending some time analyzing the chart of SIIC Env, on Jan 16th 2013, I made my conclusion and tweeted about profit taking from the BBs and would look to book profits if it goes higher.
http://stockmarketmindgames.blogspot.sg/2014/01/siic-env-possibly-seen-top-at-0205.html
On my blog post, I made a detailed speculation outlook and thinking ahead of what would happen on Jan 17th 2013 when the market start trading. I said and quote: "We could have possibly witnessed the top for SIIC Env at 0.205. Since there is no way that I can short this stock so if it goes up higher, I would look to secure and book profits for this counter instead of going long. There was a profit taking from the BBs and now maybe the time for it to get distributed with low volume then spiral downwards when the time is riped. It's too risky to go long at this juncture." 9:00am when market opened, SIIC Env immediately appeared in Top 30 Volume being the Top 5.
http://stockmarketmindgames.blogspot.sg/2014/01/siic-env-top-30-volume.html
Now the question was how did I know SIIC Env would trend higher on Jan 17th 2013 and appear in Top 30 volume because the day before Jan 16th, it wasn't even in the Top volume at all as you can see in this post!!! http://stockmarketmindgames.blogspot.sg/2014/01/siic-env-possibly-seen-top-at-0205.html
After trading for a few hours, SIIC Env started to show signs of TRUE PROFIT TAKING and as per speculated and predicted on Jan 16th 2013 in my twitter and blog post whereby thinking ahead and deciphering the minds of the BBs true intentions using a blank chart which I normally do, SIIC Env started to crack from 0.196 to the closing of 0.187!! The price bar was instantly being pressed down with sellers selling the shares. How did I know SIIC Env would be going up to distribute and how did all these materialized without insider tips and just by using a blank chart. In my Stock Operation Course, this shall be one of my core subject which I would go through over and over again. I can't wait for the Jan Stock Operation Course to start so that I can replicate this extraordinary secret to all of you.
http://twitter.com/ronaldksmmg
http://stockmarketmindgames.blogspot.sg/2014/01/siic-env-possibly-seen-top-at-0205.html
Ronald K - Market Psychologist - The Big Speculator
