Tuesday, 26 December 2017

OCBC - A Good Month Short Selling

So happy to be receiving a trade record where my student traded herself on 1 stock, OCBC. Although not a lot of $$, her hit rate was exceptionally good as she achieved a 100%  hit rate on this counter this month. OCBC had range for trading this month and it was a good counter for shorting because of the profit taking and high price that we see now. In the shorter time, I think there could be more downside for this stock. See the line I drew? I think soon or later, it will be violated with a sheer force of selling. Be alert.

Ronald K - A Game Changer