Market simmering off, however many new penny stocks started to rise and had super breakouts. Is this is the start of a new penny season for the next few weeks? Only time can tell and I am watching as usual to posit some into my watchlist to trading later on. The property stocks like Citydev and Capitaland started to taper off and it's time to lock in profits or go shorts like what one of my student did.
With only 5 lots of UOL shorted at 7.17, the stock is now 7.11 where price is coming down. I traded some other stocks while giving some speech while he focused on the property market. Impressive shorts! Congrats! The Top Volume is really the key to successful trading. Penny stocks and blue chips for rotation.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
