Both DBS and UOB tanked further. The market indeed got sold down and luckily I did not panic to cover my shorts. At the moment, my losses were greatly reduced since I posted this morning. I trust my analysis and chart reading skills but at times I may misjudge a little or my price may not be the best but still the direction should be correct. As highlighted earlier in my blog that it looked like a Fake Breakout, it certainly is now since the price came down further.
Will share out and reveal how to spot fake breakouts next Tuesday during my talk. Don’t miss it! Register below.
Ronald K – Market Psychologist – A Stock Market Opportunist