Always tidy-up the defence instantly, immediately coz, the selling jolts readily to throw the momentum down again and again with only one push of keyboard button.
Defence at 0.335 by ambush buy in big volume should begin, so that 0.335 will move to top buy with strong enough to absorb the selling shocks may anticipated immediately followed.
Collection on last Friday as low as 0.290 and Monday as low as 0.300 now distributed on Tuesday, yesterday and today for profit taking, such volume distribution is nomal. Since the volume for both days higher than these last 3 days combined, and low buying rate selling pressure unable to be absorbed.
Usual gameplay, build strong defence at top buy queue, immediately, before the jolts selling strikes huge, means buy low for collection, then attack with buy at top sell queue. Of course retailers with limited resources can be quite easy got tired, the defence started to collapse. Unrelenting sell attack lead to multiple price collapses.
Greatest opportunity for collect at this low l. If let the big sharks do all the collection, they easily strike selling during trend up causing collapse and trend down again. That scenario would never let the trendup continue to breakout another new price level.
When the waves of selling down coming from big sharks collected by another big sharks at the low, and lower prices, no point to buy at higher price, instead buy at low, low price with collection, same flow with them, as another bargaining chip as price trendup. At the same time will reduce the big sharks possession literally a bit impair their advatage to bully without limit. Besides strong defence at strategic position, then attacking with buy higher, but immediately response with big selling downward, with collection at new low, lower priced goes.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 3150 views | 3 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kopimilo
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Posted by Kopimilo > 2020-03-05 11:17 | Report Abuse
Always tidy-up the defence instantly, immediately coz, the selling jolts readily to throw the momentum down again and again with only one push of keyboard button.