Monday, April 22, 2013

WE Holdings - 500 lots Unloaded





What a day! Just when I thought WE was about to start rallying a few pips up, sellers came in to forbid the rush up. I was watching for almost 40mins before I decided that at 9:47am, it's time to take a 1 pip profit and watch how the stock performs later. As of now, the stock is heavy where the price was back to where I longed last Friday, 0.103/0.104. It's always good to book some profits just in case profits turned to losses. To trade WE these days, it's not the same like the last rally during the Feb-March period where prices were mad rallying. Gave a good call in the SMMG Club this morning, however because the stock ran up too fast, most students did not managed to get it.



Update 22/4/2013, 5.07pm


WE closed at 0.101/0.102!!

Ronald K - Market Psychologist - The Big Speculator