Random Trading

PDZ - Bull run never die

Random Trading
Publish date: Wed, 13 Aug 2014, 10:23 PM
Too dumb to be an expert, too green to called a veteran and certainly not an insider. what's left..... RANDOM!

Disclaimer - I'm too dumb to be an expert thus all the contents of this blog are just my random thoughts and may be incomplete or contain any informational errors. It is certainly not recommendation to buy or sell. You'll be responsible for your own decision. Please consult your investment consultants before making any investment decision.

 

Chart : PDZ daily chart as of Aug 13 2014 (resource: ChartNexus)


My last posting on PDZ is just 4 trading days ago (PDZ - Sky is the limit!!!), the counter move another 7 sen or some 34% higher to close at 0.27 today. Seems like the UMA not only didn't stop fellow punters, traders and investors from the stock but steer even more buying interest to the stock. Early believer should already laughing all the way to their bank now. I guess the question now is that will the rally ever stop. Judging on the momentum and the volume that traded for the last few days, it is obvious that the stock doesn't seems like going to slow down any moment. But savvy traders and punters should always wary about stock that has run so fast in short span of time. Watch out for any weakness in momentum or bearish signal ahead for profit taking. Until then, for those that went in early do enjoy your sweet ride and may be some champagne popping too!

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