Stock Market Best-Kept Secrets

Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.

Tuesday, February 13, 2018

Boldtek - High Volume Chasing

I am not sure what's the news but Boldtek gap up today with super high volume where many retailers were trapped if you longed this counter in the morning. During LIVE Trading this morning, I shared why it's not time to long this counter yet as the stock exhibited some bearish behavior with selling pressure of profit taking.

http://stockmarketmindgames.blogspot.sg/2018/02/live-trading-with-ronald-k-lively.html

From the chart, Boldtek is not bad, but the timing to move higher may require a Contra squeeze to wash out the bulls first before higher price can be seen. Will wait till the Contra squeeze ends before hoping in again.

Ronald K - Market Psychologist - A Stock Market Opportunist

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Tuesday, February 13, 2018

Boldtek - High Volume Chasing

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