As the market continued to turn sour while many stocks started to tank further, DBS was no sparred. When I saw the winning trade record from my student who shorted the counter yesterday and DBS continue to slip down further today, I knew he is suing his skills to do it every single day to make $. The question was how did he shorted yesterday and knew it was going to tank today? Study the 5 minute chart, look closely and you will see that the lacked of buying power was the key for the sellers to take advantage of the buyers by doing a short selling. The buying power was so weak that buyers were virtually non existent. Will DBS continue to tank further? Let's see because the Top 30 Volume is flashing DBS for some time now.
Ronald K - Market Psychologist - A Stock Market Opportunist
