MindChamps - Where Are The Buyers?

MindChamps, a stock which I had been watching for almost 2 weeks really got disappointing. It was heavily eaten up for the first 2 days after it debut it's trading and thereafter, the buying interested diminished tremendously. I checked the buyers for the break out and it was Merrill Lynch which got hold of a big bulk but since then there were no more supports and the stock kept drifting away and hit a all time low, a low that was below the buy price of Merrill Lynch.

I will still monitor this counter but I need to see some evidence of the BBs wanting to support this counter before taking a long position. Unfortunately, there is no way one can short this counter as there are no scripts so I think patience to wait out for quality buyers is the key for this stock now.



Ronald K - Market Psychologist - A Stock Market Opportunist

Mindchamps - Closed Strong, 0.92

Mindchamps, a stock I alerted this morning just got more bullish with more buyers buying up the shares with speed and volume towards the last hour before market closed. This stock could be in the strong hands and there is a chance for it to cross $1.00.

http://stockmarketmindgames.blogspot.sg/2017/11/mindchamps-hot-stock-now.html

It's one of the hottest stock besides Cosco which also did a reversal from morning low and started to turn bullish with a influx of fresh buying. The minute chart has all the tell tale signs of bullishness and I missed it completely. Looking for more good stocks on Monday.

Ronald K - Market Psychologist - A Stock Market Opportunist

MindChamps - Hot Stock Now

MindChamps looks like the hottest stock now as there are many buyers buying up the shares. The stock rose rapidly just 15 mins after debut it's IPO LIVE here in the market today. From 0.84 to now 0.89, that's a good % return in 15 minutes.

See how the stock moves, it's combined with speed and BBs volume. The rest of the stocks are pretty sluggish and non reactive. Today could be a mix day or selling day. I am cautious and alert.

Ronald K - Market Psychologist - A Stock Market Opportunist