Locked in profits for UOL as the stock kept dropping non stop after the morning gap up. The calculations were correct as the stock hit that supply zone with a steep profit taking where it's time that some short term selling would be experienced of because of some distribution up in the 5 minute chart. Even though the Dow moved up 166 points, UOL still gap up and started to tank down. Locked in profits for 25 lots shorted earlier in the morning when UOL gap up earlier in the morning and took profits before lunch. Looking forward to the next trade. Still working in Malaysia while taking this trade.
https://stockmarketmindgames.blogspot.com/2019/04/uol-shorted-near-peak.html
Ronald K -
Market Psychologist -
A Stock Market Opportunist
