I remembered seeing some unloading actions in the banks 2 days back on Monday. The sellers were mounting and the buyers were slowly giving away. In my mirror group, I shared that we will be shorting the banks soon at the 13.17-.13.21 region and indeed after lunch, OCBC indeed touched the 13.21 region and started to suffer selling and tank today. Combined with bearish market sentiment, the market, OCBC just gap down today where huge profits could be made. Looking for the next one. For those who are interested to learn shorting to take advantage of the marker downturn, I will be conducting a session next Tuesday. Interested parties can register below.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
