YZJ Shipping SGD - Pressure, More Sellers

More pressure in Yzj Shipping as the stock continues it's sell down as per my blog yesterday.

http://stockmarketmindgames.blogspot.sg/2017/08/yzj-shipping-sgd-selling-after-breakout.html

http://stockmarketmindgames.blogspot.sg/2017/08/yzj-shipping-shorted-100-lots-3000.html

The sellers continue to dominate and the buyers don't have the firepower to support prices and hence prices went down. However in my personal view as of now, I don't think it's wise to short anymore as the stock may rebound anytime. Be alert and look after your short positions if you have any.



Ronald K - Market Psychologist - A Stock Market Opportunist