Another win in Noble Group. The stock had a tanked yesterday where the sellers were overpowering in their selling but today it started to reverse up. Another bad news released but it never stopped the buyers from whacking up the shares. So is it true that buy dips with bad news and sell on rising price at the good news? This seemed like the strategy for now.
https://www.theedgesingapore.com/noble-group’s-loan-deadline-looms-amid-restructuring-talks
Cut some losses in Midas but recovered in Noble as the market enters yet another tough phase. Only selective stocks are good for long/short while the rest are pretty stagnant. Everyday has opportunities or trading but to really pick one good counter for it, it requires patient and time. The stocks that are currently in play are Rowsley, Noble, Midas, DBS, Cosco, YZJ Shipping to name a few.
Ronald K - Market Psychologist - A Stock Market Opportunist
