As per highlighted in my last post, sellers were mounting for Asian Pay TV and sellers were taking control, the stock sold down even further towards the end of day. I studied the 5 minute chart and it's one of the most easiest stock to trade with so much activities and range today. The Top Volume also revealed that the stock is highly traded for the past 3 days and it shall be the next stock for my short term trading since there are some ranges to make profits. From the profit taking to the mad rush buy up from the retailers, the stock just suffered profit taking today and then distribution before selling again. The chart is beautiful but this is a fast stock and hence I love intraday trading this counter. If you love fast trades, put this stock in your watchlist.
https://stockmarketmindgames.blogspot.com/2019/04/asian-pay-tv-y-ventures-penny-stocks.html
Y Venture also collapsed further towards end of day with almost 24% down in 1 day. So much opportunities to make $$. The only thing is these 2 stocks have no scripts for shorting in CFD but one can definitely naked short since there are ranges intraday! 24% in one day good $$ since the stock is easy to see the signal for shorting.
Ronald K - Market Psychologist - A Stock Market Opportunist
