Friday, August 24, 2018

Singtel, DBS - Plummet Down

Both Singtel and DBS plummeted down heavily today after a good run yesterday. May it was short covering yesterday that the market was up +50 points or maybe there was a good news released which caused the market to spike up but today everything suffered a heavy sell down and nothing really looked good. I am not sure what caused the market to run yesterday where regional market were all down, but the market was as tricky as hell.

Study the Top Volume, you will see many stocks tumbling earlier and tried to climb back. Use your observation to see movements in the Top Volume where charts cannot show you. So much more in the Top Volume than reading charts alone. Saw Falcon in the Top Volume where my earlier screenshots did not captured it? That's what I meant, be observant!

Ronald K - Market Psychologist - A Stock Market Opportunist