First Resource, a stock that I monitor for almost a week started to show weakness earlier when the overall market started to rebound. The queue was (34,000)1.87 / (68,000)1.875 and the high for today was 1.885 when all of a sudden, the stock started to exude more weakness when the general market rebounded. There was ample time for shorting as the price slowly dips from 1.865 to 1.845 to 1.82 and all of a sudden, a huge gap down to 1.785 before the stock took a U turn and rebounded all the way back up now. It was a scary and fast throw down with speed and volume which concluded the trade. I am happy that my mirror team took actions and made $. Congrats
Ronald K -
Market Psychologist -
A Stock Market Opportunist
