Monday, January 19, 2015

SIA - Profit Taking in Place



In the daily chart of SIA, there is currently profit taking in place. However in the minute charts, there was profit taking a few days back where all the hidden unloading happened there. If you are a swing trader, then use the daily chart. However if you are a short term trader, then the minute chart has tell tale signals to tell you that profit taking and distribution took place before we see a 0.4cent drop today!

Ronald K - Market Psychologist - The Big Speculator