Thursday, July 31, 2014

DBS - Heavy Sell Down! Warning








DBS experienced a heavy sell down in the end. From galloping to finally being sold down, I believed we had witnessed the high in DBS at 18.48. Today could be a Fake Breakout where buyers were trapped and while Dow is suffering selling now, tomorrow maybe a bad day for Singapore stocks. This time round there wasn't any hidden selling in DBS, only a powerful Fake Breakout! I am absolutely surprised by this move!

Ronald K - Market Psychologist - The Big Speculator