Monday, April 2, 2018

Singapore Straits Times Index - Top 30 Volume Stocks




The market is unusually boring today with the Top Volume stocks not moving much. Most stocks gap up earlier in the morning and most of them already took a short simmer and breather. ASTI, a penny stock which gap up almost 40 pips took a quick heavy profit taking with humongous amount of sellers looking to lock in profits. Sembmarine's closing was weak but gap up today and started to also suffer some selling. The banks is tough today with so many whipsaw and choppy areas to navigate through with much movements. The tech stocks suddenly went ice cold without any buyers whatsoever. Might be a tough day for trading.

Ronald K - Market Psychologist - A Stock Market Opportunist