Tuesday, August 15, 2017

Q&M Dental - Share Price Dropped




As pointed and highlighted earlier at 8.29am on my morning blogpost that Q&M will hit 0.64-0.65 before the sellers will take profits, it indeed materialized with sellers locking in some profits as the price dipped to 0.625!

https://stockmarketmindgames.blogspot.sg/2017/08/q-dental-good-earnings-bad-for-share.html

After the news on Q&M Dental was out, at opening 9:00am, the stock did not have much attempt to move further which concluded my analysis that the price last 2 days already rose ahead of the news. Hence, always buy on rumors and sell on news. It's the correct thing when you do short term trading. :)

Ronald K - Market Psychologist - A Stock Market Opportunist