Thursday, March 15, 2018

Cosco - Selling Ahead

Cosco selling ahead after my blog post earlier @ 9:20am at the below link.

It meant that what I saw was correct from the chart. The BBs are locking in profits while the retailers were chasing at high price. The minute chart also as mentioned earlier looks bearish and in the short term, there would be sellers and it's happening now. More importantly, the sellers indeed came out faster than I expected!! From 0.535 to now 0.515.

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Ronald K - Market Psychologist - A Stock Market Opportunist