Tuesday, February 18, 2020

Rex Intl - Gap up Big on Good News







Rex Intl just gap up yesterday on good news. The stock was halted for 2 days before the good news was released. From closing 0.172 to opening 0.190 yesterday, it was a super gap up where if you bought before the stock ran, it would be a lot of $$ when the stock opened high yesterday. From the chart, it was at the demand zone but there wasn't much clear signal as the stock was quite flushy up/down last week but if you acted just based on supply/demand, it was all there. One of my trader bought it at 0.173 and sold it yesterday for great profits although the lot size was small. Congrats and applaud for the win!

Ronald K - Market Psychologist - A Stock Market Opportunist