Trendlines had been selling off at a blazing speed. Since Dec 7th 2015 last year when I predicted that it will hit a high of 0.395-0.4 openly on my public blog, the stock hasn't been performing and it's one of the worst IPO of last year. Click below to see my prediction.
http://stockmarketmindgames.blogspot.sg/2015/12/trendlines-unloading-price-0395-04.html
Yesterday and today, the stock was one of the worst IPO performer and plunged another 18% in total for 2 days. The hidden selling, fake breakout and the gap up was definitely devious enough to cause a long painful drought no NO rising prices. For those who are holding, beware of your positions as it's looking bleak.
Ronald K - Market Psychologist - A Stock Market Opportunist
