Friday, January 19, 2018

Yanlord - Flushes and Rally





Yanlord just broke out today with super volume from the BBs. I am pleased that one of my student spotted this counter in the private forum yesterday, took actions and made $$ and indeed, he was right on the weak selling which was the signal to go long. However this stock requires swing trade but I did not expect it to trend up so fast today. Looking in the minute chart, it was clear cut that there was two flushes which scared out the retailers which was bullish for a breakout today. The stock is currently in the Top Volume with rising price and hence if you missed it, it's wise to wait for a simmer action to see how much sellers appear first before taking a long position again.

Ronald K - Market Psychologist - A Stock Market Opportunist