Malaysian Students - Raining Profits Non Stop

Impressive records and wins from my Malaysian student. The skills, knowledge and strategies taught worked very well in US, Singapore, Malaysia where my trader reaped more profits from each market using the tips I had given during the theater 2020 event. See his trade records and with just 1 year after learning from me and the frequent sharing sessions that I conducted which he flew down to see me personally, his profits are now leaps and bounds. I am lost for words but more importantly, I know he's now skillful to pick stocks to trade himself independently where no jobs can replaced! Congrats!

You can follow me on Instagram to see my live trades.

https://www.instagram.com/ronaldkstockmarket

Ronald K - Market Psychologist - A Stock Market Opportunist

Breadtalk - Top Volume Price Surged

Breadtalk just surged higher earlier in the morning today. From the collections in the chart to the run, it was all nicely setup. The Top Volume earlier in the morning was full of stocks running higher like Breadtalk, Hi-P, AEM and some others. But I was more interested in Breadtalk because this stock was under my radar when I posted on Nov 14 last Thursday on the link below.

http://stockmarketmindgames.blogspot.com/2019/11/breadtalk-top-volume-pop-out.html

Today's continuous running up in price is the resultant effort from what I observed on Nov 14. The stock looks ok, but I prefer to wait for a while if I want to re enter for trading. Study the Top 30 Volume because it's always full of information and clues.

Ronald K - Market Psychologist - A Stock Market Opportunist

Breadtalk - Top 30 Volume Price Ran

The market moved down today with a lot of sellers. I am not sure why did the overall market was up but STI was weak. I believe it has reach a critical supply zone where some absorption needs to take place first. However some stocks are still moving up and negate all the selling. Breadtalk was one of them as it pierced through higher and higher. Yoma yesterday was up higher and today took a small breather. Looking and observing the Top 30 Volume, there are still a lot of hidden gems to be bought during a reaction day like today. Breadtalk was a stock I shared on this blog last week and today it broke out higher when the STI was down -30 points was nothing short of spectacular. The company recently released bad earnings but yet the stock wasn't under any pressure and shot up higher? Does it spell that something is brewing in this stock?

http://stockmarketmindgames.blogspot.com/2019/11/breadtalk-top-volume-pop-out.html

picture source: sgx.com

Update: 19/11/2019, 3:25pm

Breadtalk just shot up higher to 0.66. Some big buyers just came in.

Ronald K - Market Psychologist - A Stock Market Opportunist

Breadtalk - Top Volume Pop Out

Another stock Breadtalk pop up in the Top 30 Volume with 17% gain in one day. After Rex Intl, Clearbridge and Mermaid, it's now Breadtalk's turn. The stock had been battered down for many months and touched a bottom before the fire power came in today. I am watching this counter now as one seldom sees Breadtalk in the To 30 Volume. It's currently in play and I think it's time to revisit this counter.

Ronald K - Market Psychologist - A Stock Market Opportunist

BreadTalk - Long Term Downtrend

Breadtalk had been trending down for a year plus since it's peak price. From the chart, after a steep rise with some good news released, normally, a stock would then suffer profit taking and prolonged for a long term selling. That's the case in Breadtalk now and looking at the chart now, it looked like it hit an attractive level and also the appearance in the Top 30 Volume gave some clues out. This counter now had some panic selling past few days and I am watching closely for buyers to save this stock. I am not sure when, but my job is to see when the turning point comes.

Ronald K - Market Psychologist - A Stock Market Opportunist

BreadTalk - Looming on Charts?

The Edge magazine last week had a page on Breadtalk. I did not read the full article but once I saw the headline, I went on to check the charts for more clues. Reading the chart tells me that on the high volume day, the retailers were chasing and smartly enough, the operators were offloading some of their shares. The volume was huge and the price could not sustain which indicated some bearishness in this counter. If you are into learning some new skill into reading the Big Boys's movement, I will share more during Saturday's workshop. Register below:



Ronald K - Market Psychologist - A Stock Market Opportunist

BreakTalk - Super Heavy Supply

After analyzing the chart of Breadtalk I discovered that the supply was pretty huge with a tight stop loss if one were to short it. It seems as though the demand for this counter has been worn out with no no fresh buyers. In the near term, I am bearish.

Ronald K - Market Psychologist - The Big Speculator