Thursday, February 6, 2020

OCBC - Sold On Rising Price




Another good trade today from my Singapore trader and the list of profits continue to grow. This time round, long OCBC and sold off today with great profits. I remembered doing the IG live and posted about market rebounding and soon, many traders went to long the banks and started to lock in $$. I studied the OCBC chart and yesterday or today is a good day to take profits because it touched this critical heavy wall of selling that might be having heavy sellers taking profits. To see the chart in lieu with your actions totally make the right decision with taking $$ off the table first. Congrats Wu!

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Ronald K - Market Psychologist - A Stock Market Opportunist