Asian Pay TV - 13% Today

What a good run in Asian Pay TV today. The stock shot straight right up after opening bell and never looked back. I had been monitoring this stock for a long time but never dare to trade this counter because it seldom move and sometimes flushy. Today was just so exception as the stock suddenly experienced wave of big buyers where price just rose so sharply that could indicate some positive news in the making soon. I am not sure what's the news but for sure it must be something good. Waiting for a chance to enter if possible.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - Selling, Sellers and Profit Taking

As per highlighted in my last post, sellers were mounting for Asian Pay TV and sellers were taking control, the stock sold down even further towards the end of day. I studied the 5 minute chart and it's one of the most easiest stock to trade with so much activities and range today. The Top Volume also revealed that the stock is highly traded for the past 3 days and it shall be the next stock for my short term trading since there are some ranges to make profits. From the profit taking to the mad rush buy up from the retailers, the stock just suffered profit taking today and then distribution before selling again. The chart is beautiful but this is a fast stock and hence I love intraday trading this counter. If you love fast trades, put this stock in your watchlist.

https://stockmarketmindgames.blogspot.com/2019/04/asian-pay-tv-y-ventures-penny-stocks.html

Y Venture also collapsed further towards end of day with almost 24% down in 1 day. So much opportunities to make $$. The only thing is these 2 stocks have no scripts for shorting in CFD but one can definitely naked short since there are ranges intraday! 24% in one day good $$ since the stock is easy to see the signal for shorting.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV, Y Ventures - Penny Stocks Suffering

The blue chips are moving up and some penny stocks started selling down today. I was watching the market this morning and I saw Asian Pay TV unloading point at 0.188 where there was some cob and a huge throw down. Then I also realized that Y Venture started to sell off yesterday and continued to sell today as the stock ran up too much without a factual news to support the recent run. The Top Volume in the morning was pretty boring and weak and all of a sudden, the market turned up again with the banks moving up and the oil related counters like Keppel Corp, Sembmarine all started to move north again. It's in a very tight range and hence still short term trading is the way to go now.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - 0.186 High, Second Leg Bulls

The second leg bulls just came in to sweep up shares for Asian Pay TV. The 5 minute chart was beautifully setup for the run even though it's pretty high. To trade this counter, one should buy lesser on the way up should the stock suddenly turned down. Was watching the whole morning on this counter and almost took 1000 lots at 0.170 but did not executed it. I wasn't sure about the movements in the morning until I saw the ws, collections and 1 lot marking about 3.39pm where the stock suddenly had another run to 0.186. Chart is easy to read but execution should be lesser lots since it's pretty high.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - A Huge Surge

I just saw the Asian Pay TV chart and there was a huge surge in buying volume for the stock after that flush in the 5 minute chart yesterday. Thereafter there buyers became more careful and stealthily supporting the stock along the way and at 4.45pm yesterday, the real buying took place and the stock broke out higher. That 4.45pm volume is the highest overall and that was the start of a continuous run today that we witnessed now. The Top 1 in the Top 30 Volume today was a great show with many stocks simmering but only Asian Pay TV running. However with the lack of strength in the market, it's hard to pick another stock like Asian Pay TV. The market is now indecisive of the next direction and only time can tell soon.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - A 15% Run

Saw this counter earlier in the morning but did not dare to enter since it had been stagnant for a very long time and did not move up every time it appeared in the Top Volume. The stock had been very tricky to trade and today it gap up in the 5 minute chart where I thought it was good to enter. However as mentioned in my earlier post, I said that the market looked like coming down and it indeed is turning down now at the moment with many blue chips simmering. The STI indeed gap up and started selling down as per predicted. Click and see the link below.

http://stockmarketmindgames.blogspot.com/2019/04/top-volume-market-falling.html

Since I knew the STI would simmer off, I decided not to trade and long Asian Pay TV even though the stock looks not bad. I would rather go shorting with the blue chips and follow the big wind instead of taking 1 stock which might or might not buck the whole trend. As of now, many banks are selling down a little. By studying the Top Volume, it provides you many clues and insights as to how and what the market is going to do.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - Sold Down

As highlighted last week to only trade Asian Pay TV and not to buy and hold, after touched 0.173, the stock now suffered selling with tranche of shares being thrown down. It hit a supply zone in the minute chart and soon, buyers could not hold it and sellers took control. It's one of the best stock for contra and intraday trading. Check out my post last week!

http://stockmarketmindgames.blogspot.com/2018/11/asian-pay-tv-major-sellers.html

The Singapore Index also suffered selling today and did not tank much as per my outlook in the morning at 8:58am. The index tanked down -30 points and recovered almost half to -15 points. The market won't be selling down much today but soon, when the smart money is ready to move it again, I shall be gunning it closely.

Ronald K - Market Psychologist - A Stock Market Opportunist

Asian Pay TV - Moved Higher

Asian Pay TV moved higher with more buyers today after my post yesterday. Indeed, for short term trading wise, it's a good stock to trade while the long term investment is not the way to go for this counter. Today it hit a high of 0.173 from 0.165 when I posted yesterday. What a move from Asian Pay TV! It's the collections and combination of 1 lot markets which provide good signals for trading it wisely. See my post yesterday.

http://stockmarketmindgames.blogspot.com/2018/11/asian-pay-tv-major-sellers.html

Ronald K - Market Psychologist - A Stock Market Opportunist