Tuesday, April 25, 2017

OCBC - Rebounded, Cut Loss





With so many married deals done in OCBC, there is just something brewing in this counter. This morning at pre market, there was another one done with 913 lots at 9.64 and the total married deal done for these 2 days were just crazy. See below link on married deals done yesterday.

http://stockmarketmindgames.blogspot.sg/2017/04/ocbc-huge-married-deal.html

http://stockmarketmindgames.blogspot.sg/2017/04/ocbc-on-its-way-down.html

Had no choice, since the market is rebounded from yesterday's sell down together with the big married deal, we had to cut loss on this trade and move on. It's a small 4-5 pips lost but it's better than holding on.

Ronald K - Market Psychologist - A Stock Market Opportunist