The Top Volume today consisted of some interesting Tech Stocks. Earlier this morning or after market closed yesterday, Hi-P was downgraded again by Kim Eng to sell and had a target price of $1.22. It's been a good 2 months of uptrend in Hi-P and the overall tech stocks which many made $$ riding on the wave up. The stock had achieved success and it's also true that every up includes a down. Hence, the time is here where Hi-P hit a supply zone with profit taking and just nice the down grade came and I believe there is more downside to this counter. I would look to short this stock for swing trade.
Update: 9/4/2019, 10:09am
Ronald K - Market Psychologist - A Stock Market Opportunist
