Monday, January 25, 2016

Jumbo - Short Term Selling





In the near short term, I expect some selling in Jumbo. Looking at how the operators play this counter at the moment, it seemed as though there was some profit taking followed by distribution going on. Timing is crucial to short it and hence I am still gunning for the right moment. Price is not important in my trading plan and it will never be because that's what most people are using. So in order do this trade correctly, I would need to watch the Q numbers. Watching it now.

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Ronald K - Market Psychologist - A Stock Market Opportunist