Wednesday, February 27, 2019

Top Volume - Stocks Moving





Stocks are moving today with Hi-P, AEM and Best World leading the Top Volume. The banks like DBS and UOB are moving in the background, supporting the market and uplifting the market. Although the market is not super bullish but still many stocks are running. What a good day!

Ronald K - Market Psychologist - A Stock Market Opportunist

Stock Operation Preview - Stock Operation Course March Sold Out



Last evening was great as I did 2 batches of sharing and worked till midnight. It's been a good month for me as there were a lot of work and many came for my preview to sign up for my Stock Operation Course. Here, I am pleased to announce that my Stock Operation Course for March is now fully sold out due to constant flow of high demand. I am opening the April 20-21 course and I ave already almost half the class filled in April. Thanks for all the people who came last evening and I appreciated your attendance and your attentiveness when I shared my strategies and my formula in stock trading success. See you all soon.

Ronald K - Market Psychologist - A Stock Market Opportunist

Tuesday, February 26, 2019

Best World - Latest Trades




Best World had a superb rebound today after 2 days of massacre. Actually I had been covering Best World and sharing that the results for Q4 could be good and one can look for short term punt instead of buying and holding if you know the risk well. Although that's the case I am not willing to try because I am not accustomed to the risk as I know myself very well. The selling had been strong but the results could nullify the selling. However, I was pretty pleased that my student was still able make $$ out of this counter even though it was high risk. Congrats!

http://stockmarketmindgames.blogspot.com/2019/02/best-world-results-out-after-market.html

Ronald K - Market Psychologist - A Stock Market Opportunist

Hi-P - 4 Consecutive Runs







Amazed by the speed and volume in Hi-P today. The stock had 4 days of consecutive runs and it looked like a super good news is releasing soon. From morning 1.24 to high of 1.36, it's just a superb run with buyers taking up the shares and snapping the up the stock with so much power. Hi-P had been a great stock to trade for the past 4 days, I am not sure how much more it can go but look at the Top Volume, you will see AEM and Hi-P, par on par together with buy calls from brokerage house. Amazing run today!

Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Results Out After Market Today





I witnessed how Best World rebounded today. The stock from the gap down this morning tried to climb back slowly. From the way how it climbed, it looked like the good results will be released after the market. However because the sellers were very strong, I am cautious on trading this counter since the force of selling for the past 2 days had been really bad. I can only genuflect and looking forward for a sustained rebound for this counter after the market closed should the results is good.

Ronald K - Market Psychologist - A Stock Market Opportunist

Starhub - Stock Coming Down





Stocks are not performing and lagging today. Many stocks suffered selling and blue chips are on their way down. Starhub, a stock which I was not bullish on started to simmer off and broke down even further. Click and see my analysis on Starhub when I posted last Thursday.

http://stockmarketmindgames.blogspot.com/2019/02/starhub-what-i-hope-to-see.html



The buyer indeed did not appear while the sellers weren't as strong but price kept falling. As per my last post, I need to see the strong buying to appear first before I will start looking for bullish signals for long. As of now, Starhub hasn't turned yet and I would still stay out since there is no entry point. Patiently waiting for it.

Ronald K - Market Psychologist - A Stock Market Opportunist

A Private Event - Observation of Stock Stealthy Movement




Conducted a private event yesterday where I shared my observation skills on DBS, UOB and OCBC. I also shared the recent crash in Best World and the rise in Venture and Hi-P where stocks were easy to spot and make predictions before the uproar. Before a stock moves, there is always some stealth movements involved where the BBs were looking to accumulate before it germinate to be a full blown runner. Study the chart for Hi-P and Venture and you will know what I am talking about and what I see before the run. To know whether a stock has reached it's peak, one need to study the supply zone and see where the pt were before taking a short position. Overall, last evening was a great sharing and I look forward to share again when I have the time.

Ronald K - Market Psychologist - A Stock Market Opportunist

Monday, February 25, 2019

Hi-P - 9.6% Gain Intraday





After lunch, Hi-P just surged up with big lots biting and the stock flew 9.6% intraday! It seemed as though most tech stocks are now in play and many of them are moving upwards with huge buyers. I was watching this counter last week and waiting for my next entry but today was just out of expectation as the stock suddenly just got bitten up. Morning was selling down and touched 1.10 while it's now 1.26, well sometimes it's just a matter of timing and signals which I couldn't foresee a run today which surprised you.

Ronald K - Market Psychologist - A Stock Market Opportunist

Venture - 13% Intraday Gain





Venture just soared. After bad earnings, the stock just shot through the roof and went crazy. 13% gain in one intraday was just crazy and wild as you seldom see a $10-$20 stock soar even at 5%. I am not sure what caused it to run so much but could it be dividend? I don't think so because the banks also give dividend. So what caused the stock to fly? I can only explained it in terms of supply/demand from the chart.


The daily chart is near bottom with super nice ws and the 5 minute chart has some beautiful flush before the run. Although I can't predict the news but if we see everything from the perspective of supply/demand, we can have a clue of what and how the stock would perform.

Ronald K - Market Psychologist - A Stock Market Opportunist

Best World - Stock Crashed After Trading Halt





Best World, after trading halt started to gap down and then spiral down lower. I think something bad must have hit the stock and something serious might have happened or it would not have tumbled another 20% through half day of trading. See the news before it went halt.

http://stockmarketmindgames.blogspot.com/2019/02/best-world-stock-crashed-trading-halt.html



As of now, the stock kept suffering selling from 2.65 high to 2.06. The sellers were persistent and every time there was a rebound, the sellers took advantage to sell more while some other buyers who bought last week took a loss. The chart now looked super bearish and I am not sure if Best World can ever climb back up. But now, it's a stock in flurry stage and it's a stock to buy anymore. Trading wise is also very risky and hence staying out is the best. Results out after market tomorrow and might be it's strongest quarter where it may issue CD. Looking at it I am not sure too since I don't want to take a long trade with so much sellers.

https://www.businesstimes.com.sg/companies-markets/hot-stock-best-world-shares-plunge-as-much-as-258-as-trading-resumes

Ronald K - Market Psychologist - A Stock Market Opportunist

OCBC - Top Volume Price Declining






OCBC is the only bank now in the Top Volume but with declining prices. The results were not bad but missed estimates where the stock price cannot performed. Even with the Dow Jones up +181 points last Friday, still the Dow had nothing to do with OCBC as the sellers were looking to sell the stock. DBS is the ONLY bank that gap up 30 cents when results was released while OCBC and UOB gap down big time with good results but missed estimates.

https://www.theedgesingapore.com/ocbc-reports-11-rise-fy18-earnings-449-bil-banking-ops

https://www.theedgesingapore.com/uob-reports-record-earnings-401-bil-fy18-declares-final-and-special-dividends-totalling-70-cents

So what contributed to this price dipping in OCBC and UOB. I did not trade both OCBC and UOB but rather longed DBS last Friday and made $$ out of it.

http://stockmarketmindgames.blogspot.com/2019/02/dbs-results-out-on-feb-18th.html

http://stockmarketmindgames.blogspot.com/2019/02/dbs-8-rise-in-4q-earnings.html

http://stockmarketmindgames.blogspot.com/2019/02/dbs-earnings-up-profits-up.html

Before I trade a stock based on earnings, I would study very carefully at all angles to see where the supply/demand zones were and where the buyers/sellers were hiding in order to predict earnings. For the DBS case, if the buyers suddenly came out last minute before market closed, it meant that at demand zone there was heavy buying and one should follow to long the stock since buyers already show hand.




I remembered seeing OCBC where before the results, the stock was at supply zone and the price couldn't move even though the general market is moving up. Hence, whatever the results it may be, the best is to avoid trading the counter since the direction is unclear. Will share more soon on this observation skill. OCBC is now selling down even further at the demand zone, it could spell trouble for the stock at the moment. I will avoid this counter now.

Ronald K - Market Psychologist - A Stock Market Opportunist