Top 30 Volume - Jiutian, JEP

JEP and Jiutian continue to be dominant in the market today with both in the Top 1 and 2 in the Top 30 Volume. Both stocks were rising and the buyers were furious in their buying activities. The electronics sector were also in play with many electronic stocks moving while the disappointment was Sembmarine because it tanked down non stop after the bad results and today they will release some strategic plans which I don't think it's anything positive as the price kept tanking before the news announcement. The Top Volume is buoyant but stocks selection is important as the market is reaching a saturated point now.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - Trade 5.5 Million Shares

Traded 5.5 million shares of Jiutian the other day at 0.081 and suffered a big blow the other day to only realized that my loss is now minimized. This is a good penny stock and hence I decided to hold instead of cut. Moreover, this company had a turnout and the profits is extrapolating compared to previous years which gave me confidence. But well, no matter what, Jiutian can't fight the big overall market and hence when the Dow encountered a sell down 2 weeks back, the stock also followed. I made a grief mistake but made up for it. The only regret is I did not buy more to average up when the stock was rising this 4 days. In an unrealized loss now.

In my trading tips and market outlook session next week, I will be doing a trade on the Dax and also be giving out some stocks for some good short term trading. For those interested, can register below. Thank you and don't miss this very important session.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - Intraday Scalping

My student just traded Jiutian Chemical today and made some good intraday scalp with 700 lots. The Jiutian Chenmical chart looks beautiful as there was collections and then a breakout. I am very pleased to see this trade record as the STI moved +39 points and opportunities is not wasted. I studied the chart and it's truly classical text book answer. Congrats to this student, although he did not get at the bottom but still the job is done. Happy for you!



Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - Driven by Results

Jiutian had a super gap up today. The stock suddenly shot up early in the morning and never looked back since. I remembered it was only on Tuesday which I saw this counter at 0.061 and was prepared to enter but did not as I was too focused on the blue chips like the banks. The stock actually looked bullish these past 2 days and I had a chance to enter at a good price with sizeable amount but I decided to stay out since it's not the penny season. Today the stock gap up heavily and I think the results is driving up the price. The STI also moved up with +41 points based on my morning 7:11am outlook. I will monitor this stock closely.

http://stockmarketmindgames.blogspot.sg/2018/02/live-trading-with-ronald-k-accurate.html

http://www.shareinvestor.com/news/news.html?source=sg_sgxnet&nid=722973

Longed 5.5 million shares weeks ago and got stuck as the general market experienced a heavy sell down. The stock is good but because the market was weak and hence smart money had to sell down. Experienced some unrealized losses but it recovered pretty fast too with renewed interest and buyers.

Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - A Moving Up Trend

Jiutian Chemical is currently moving up slowly again after yesterday's bullish buy up. There was some form of hidden selling and hence it apparent that the sellers are coming out soon. The Top Volume is quite slow today and it could be due to the new year is coming and hence many of the traders are taking a long weekend off. Besides Jiutian, LHN also looks interesting while the rest were just taking a small breather or trading in a range. Will see how the market pans out later.

https://stockmarketmindgames.blogspot.sg/2017/12/jiutian-chemical-unrealized-9500.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - Unrealized $9500

Another stock I traded yesterday was Jiutian Chemical and the stock is currently trending up towards the 0.066-0.067 level where it brought my unrealized profits up to $9500 with 2500 lots traded.

http://stockmarketmindgames.blogspot.sg/2017/12/jiutian-chemical-later-1-lot-marker.html

I saw that earlier in the morning the buyers were strong and supporting the stock even though there was some flushing action observed yesterday. As of now, it still looks ok until I see sellers. Rotating the next counter for opportunities. The stock when I last checked reached a high of 0.069! ..$$$

Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - The Later 1 Lot Marker, 2500 Lots Traded

Traded 2500 Lots of Jiutian Chemical earlier when the stock wasn't in the Top 1 in the Top Volume. Soon after I executed my 2500 Lots, more buyers joined me and went long where the stock quickly climbed furiously to the Top spot in the Top Volume. The price rose very fast and from 0.062 where I entered with extra 500 lots at 0.063, the stock reached a high of 0.065 which gave me some unrealized profits of $5000.

I checked back the time and sales where I saw the 1 lot marker came late at 10.07am. It indicated to me that the buying did not start with any marker but because of the b/s queue swelled, combined with the overall market movement like Rowsley which ran from 0.125 to 0.129, hence, there was a chance that Jiutian was going for a breakout. See how it pans out later.

Ronald K - Market Psychologist - A Stock Market Opportunist

Jiutian Chemical - $3000 Profits, LIVE Coaching

Conducted a LIVE Coaching earlier and it was hell of a good session where everyone learnt something powerful and took back something. Most of us in the room managed to sold Cityneon at the peak and we continue to see YZJ tank as I was sharing the stock in the office. Jiutian Chemical is a risky stock but still managed to scalp for $3000 but should have waited a little longer at 0.037 before locking in too fast. But well, a profit is still profits and here, I thank everyone who came today and lock in profits with Ronald K. Moving to the next event soon. See you all.



Ronald K - Market Psychologist - A Stock Market Opportunist