The market looked mix today. The banks moved up and then suffered some selling and stop moving. The Top Volume has some stocks moving but their movements were negligible. I studied the banks' chart and found OCBC pretty interesting ahead of results. Unfortunately, most banks reached a supply zone where it's hard to buy before the results. I need the selling to simmer off first before taking another good trade. Genting also looks like there is a wall to break but it's very slow at the moment where more buyers need to emerge first. Wilmar moved more today ahead of results which could indicate good results ahead. Some penny stocks were also getting ready like Rex and Ezion. I think it's important to watch those charts closely for now.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
