Friday, February 22, 2019

Hi-P - Reversal Up











Hi-P results was bad but the stock reversed up. This is just amazing because this is the only stock which the results is bad and the stock turned up with finesse and power. I am also not sure why but the rest of the stocks like OCBC, Wilmar, UOB with bad results turned and gap down instead. The Top Volume today is interesting with a few new stocks to watch out and also mostly blue chips dominating the market. With UOB and OCBC down, DBS just reversed up from morning and touched 25.07 high. Looking at the chart, it was all correct as it gap down at demand zone. Exciting market today but not so straight forward to trade.

Ronald K - Market Psychologist - A Stock Market Opportunist