Monday, July 30, 2018

Koufu - Higher Price



Koufu after experiencing some short term selling, the stock rebounded back up and this time round, it went above the last high of 0.68 where it reached 0.685. Just when I thought the stock is above to suffer some reactions with some small selling and remain like that for the next few days, it resurrected and rebounded at all time high. I think some news might be coming out soon or maybe the smart money is accumulating. I don't know the answer but all I knew was when I discovered it last Friday, I posted and made my bullish analysis where as of now, the stock broke above higher than the IPO price.

http://stockmarketmindgames.blogspot.com/2018/07/koufu-back-above-ipo-price.html

Ronald K - Market Psychologist - A Stock Market Opportunist