Monday, December 19, 2016

Genting SP - Tranche of Sellers





Tranche of sellers observed in Genting SP. The 200 lots short is still in place and riding for a bigger wave. Click and read my posts below.

http://stockmarketmindgames.blogspot.sg/2016/12/genting-sp-sellers-distribution-and.html

In the morning, I saw blocks and blocks of sellers emerging and the buyers weren't supporting the price. Initially I though it might be a flush but after that as the price continued to tumble, it made me believe that the sellers could be for real. As the market condition is unstable, I am riding it till the stock had a panic sell down or a gap down. Let's see if it will materialize.

Ronald K - Market Psychologist - A Stock Market Opportunist