Comfort Delgro had a huge drop today. The drop was so severed that the STI at one point drop -120 points and Comfort Delgro was down 7%. You seldom see comfort delgro dropped so much but today was the first day it recorded such a heavy drop. Today was also the first day it XD and then opened lower at 2.67 before dropping to a low of 2.54. STI was more disastrous, selling down so much on fear at the top.
It marked a change in the process of buying and because of the Top Volume appearance selling in Comfort Delgro, this stock looks weak in the near term. Congrats to those who shorted.
Ronald K -
Market Psychologist -
A Stock Market Opportunist
