The coronavirus is once again activated and spreading more in Korea where 6 were reported dead while
763 cases were being discovered. Hence, the market dropped and more stocks looked weak and more bad days to come. The market is pretty choppy up/down for the past 3 weeks and it's because of earning seasons which boosted some stock price to go higher or I think the market would collapsed. Medtecs Intl gap up today as the moment any virus related news came out, the stock would either run higher or moved a little. It's the norm but to be honest, this time round it's different because it's under the restriction list and I have some reservations. I would look to take profits for the stock if I bought last Friday as the Top Volume is currently very weak. Embrace for tougher days to come. It's a tough year to invest the market.
https://www.cnbc.com/2020/02/24/coronavirus-live-updates-china-south-korea-cases.html
Ronald K -
Market Psychologist -
A Stock Market Opportunist
