Thursday, August 10, 2017

YZJ Shipping SGD - Selling After Breakout



YZJ SGD had a fake breakout in the morning and started to tank further after the short selling in the morning.

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

Buyers seemed to be worn out and sellers seemed to be overpowering. This is a stock that requires attention as it could be flushy and washy at times. Cosco is not following YZJ that much and hence focus on other counters is the best.

Ronald K - Market Psychologist - A Stock Market Opportunist