Kitchen Culture - Flushed Down and Turned Up

Kitchen Culture on August 21st when I first posted had some kind of buying activities but I wasn't sure if it was strong or just weak buying. However, I posit down that it might possibly turn up which I wasn't so quite sure but I am confident of what I saw in the chart with the footprints of the big players. Thereafter the stock got flushed down the next few days where many retail traders started to throw and the BBs went into scoop up shares at dirt cheap prices. That maneuver was dubbed as flush where cheap prices can be obtained through deliberately panic selling. Today the stock is in the Top Volume with rising prices which cemented what I witnessed on Aug 21st was correct but I should have more patience to wait and see before I make my blog post. Whatever it is, the stock rose after the flush and finally there is light to this stock again.

https://stockmarketmindgames.blogspot.com/2020/08/kitchen-culture-possibly-turning-up.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Kitchen Culture - Possibly Turning Up

I just saw some big buyers buying up shares of Kitchen Culture as the stock from 0 started to appear in the Top 30 Volume. It wasn't there earlier in the morning but suddenly because of some huge tranche of eating, the stock is currently in the Top 30 Volume where it looked like the buyers is soon going to move the stock prices higher. From the 5 minute chart, it looked like ws formed and the sellers has retreated. Let's see if it's going to be moving higher soon.

Ronald K - Market Psychologist - A Stock Market Opportunist

Kitchen Culture - I Wished I Saw This Obvious Signal

Kitchen Culture dominated the Top 30 Volume today. The medical stocks were hot in recent weeks and I totally missed a great obvious signal in this stock which made it turned up 7.8% today. Look at the daily chart, there was a shortage of sellers and those sellers were mostly retreated because of the support from the big players. Look how the cob formed after that and as it trended higher, you will noticed that the sellers were not strong as the lacked of profit taking every time it climbed up the ladder.

As usual, you need to study the Top Volume for the stock appearance and the number of times it's flashing on the screenboard. For Kitchen Culture, I believed yesterday was the obvious sign as the stock shot up high as a top gainer and recorded a good % gain in 1 day. That's the obvious signal that one should start to know that it's taking a U turn upwards again. I really wished I saw this stock yesterday but I was too focused on the medical stocks I guessed?

Update: 16/7/2020, 9:53am

After my blog post at 9.40am on the bullishness on the stock and the big players,  the stock shot up high with another 5,000,000 shares exchanged hands. It was 0.275 earlier, it's now 0.295!

Ronald K - Market Psychologist - A Stock Market Opportunist