Thursday, October 17, 2019

Yangzijiang - Selling Down Further



Yangzijiang experienced more selling after my sell call on Monday. The stock hit a wall, experienced some chasing from retailers and started to suffer profit taking which contributed to the selling you see now. Click below link to read my before selling post.

https://stockmarketmindgames.blogspot.com/2019/10/yangzijiang-taking-profits.html


The stock is currently quite weak and I wouldn't want to trade this counter now because it seemed as though there might be another news coming. I will see how it trends later.

Ronald K - Market Psychologist - A Stock Market Opportunist