Morning to selldown in US ...Nasdaq down 2%, DOW minus 300 plus. So ... the rebound is not sustainable. Just a week ago, we saw DOW minus 1300 in 2 days, it rebounded sharply but ... well, we seeing more REDs.
While I shown the sharp selldown in few stocks last night (such as Presbhd etc etc) someone asked me about Malton? He just averaged it down (sigh).
I have no comment on any stocks ... just alert that Malton at 50cents level ... once breaks the support, we shall see
Malton dive further.
Brace for more selldown today ...
TEH