IFast released a good news today where the stock gap up today and reached a high of 0.96. Normally traders would buy on rumors and sell on news. However today, when the news was out, the stock suffered just a small drop and continued to trend higher. Click below to read the news.
http://infopub.sgx.com/Apps?A=COW_CorpAnnouncement_Content&B=AnnouncementToday&F=W4CNPM1TYDQ6XB1P&H=bdd261be9dbc091747b35db0d3ef7338c7f92dc29a6781e12e4393f3982e56f3
I was surprised one of my student who was watching this counter managed to hop in at 0.85 Before the price gap up this morning! The trade is still on as the stock exudes strong buying force. $2100 with just 20 lots is definitely a good return. Congrats!
Ronald K - Market Psychologist - A Stock Market Opportunist
