Medtecs Intl from morning till now just crumbled with so so much sellers. It rebounded back from low at 0.182 to 0.192 and suddenly, everything just started to flop big time with other blue chips tumbling too. The virus is really killing the market and nothing much was sparred. Stocks like Capitaland also crushed with so much panic selling now.
In the 5 minute chart, there wasn't much support from buyers and hence the sellers came in. In the daily chart was worse, there wasn't clear signals of turning point and the sellers took control. Is it going to be another SARS situation back in 2003? Let's see how the story unfolds.
Ronald K - Market Psychologist - A Stock Market Opportunist
