Monday, October 14, 2019

SunmoonFood - Did You Witness The Heavy Selling?



Did you see the heavy selling in SunmoonFood from the sellers now? It's currently trading at 0.055/0.056 now where earlier on I posted to lock in profits at 0.062/0.063 at the peak. Click and read my blog post earlier in the morning!

http://stockmarketmindgames.blogspot.com/2019/10/sunmoonfood-on-rise.html

In the late morning, more sellers emerged and the price touched 0.058 then distributed back to 0.061 before selling down to 0.055! The sellers were really good and shrewd in this counter.

http://stockmarketmindgames.blogspot.com/2019/10/sunmoonfood-you-saw-sellers.html

I still say the same thing, trading penny stocks is an art. You need to be observant and be able to read ahead before the BBs make their moves. Been trading penny stocks for many years and because it's high risk high return, your skill requires you to be at the top of the game too. Glad to be selling at 0.062 earlier. :)

Ronald K - Market Psychologist - A Stock Market Opportunist