Thursday, May 16, 2019

Koufu - Nice Chart

Looking at Koufu chart, the stock had a gap down 2-3 days gap and rebounded back up. There after the sellers subside and buyers looked to accumulate. There were a lot of buy reports for this counter and looking at the 5 minute chart, it looked even more nicely setup for a rebound. Looking to swing trade this counter for a longer view. Study the 5 minute chart and you will see the bullish signals. Don't sleep on this stock.

Ronald K - Market Psychologist - A Stock Market Opportunist