Monday, June 25, 2018

Noble Group - The Rising Stock

If Noble Group wasn't a risky stock, I would have tried and traded on this counter. Because of the high risk involved, I decided give it a miss and trade other counters instead. Looking back at Noble's chart, there was many bullish signs like the ws and the collections in place. There was also 1 lot markers in the time and sales during the run up and more importantly, the stock was heavily traded in the Top Volume. Today the stock shot up even higher to a high of 0.19 with more buyers buying into the good news. Did I regret? The answer is no, because there are other better counters like Ezion and Falcon which although don't run as much as Noble, but still had a decent run.

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Ronald K - Market Psychologist - A Stock Market Opportunist