Wednesday, July 31, 2019

DBS - Heavy Gap Up, Then Suffered Selling







I am not sure why DBS gap up today early at 9am but after that major gap up, here comes the sellers, looking to lock in profits again. The Top 30 Volume until now still has DBS inside which means it's one of the most active stocks today. Some good news must have been released yesterday or earlier this morning which caused this gap up or there might be none.

Actually it doesn't matter because the signal is here, the stock gap up, and the signal to short sell was here earlier just now at 9am. As highlighted on my July 29 Monday's post, the signal for bearishness is very soon and its finally here today. :) If you want to short the best price in DBS, you need to be watching this counter everyday or do your homework everyday to know it's behavior so that you can have a winning edge against the retail traders. It's really soon, just 2 days later, the signal was the clearest today. Congrats all who shorted with me. :)

http://stockmarketmindgames.blogspot.com/2019/07/dbs-record-earnings-for-1h19.html

Ronald K - Market Psychologist - A Stock Market Opportunist