Tuesday, August 7, 2018

OCBC - A Case Study






Conducted an evening event on the case study for OCBC after they released their profitable earnings yesterday morning before market opened. It was a good news but was bad for the stock price towards the end of the day as the stock experienced some selling.

https://www.theedgesingapore.com/ocbc-2q-earnings-16-record-121-bil

I went through the cycle of gaping up, steady buying followed by profit taking, distribution and form 3/4 top before the stock tumbled down at the end of day closing. Many participants learned new things and how the stock market actually works. Here, I thank everyone for coming yesterday and looking forward to do another one next Tuesday on market depth with smart money. Register below if you are interested.

Eventbrite - Register for Secrets to Market Depth and Times & Sales

Ronald K - Market Psychologist - A Stock Market Opportunist