Tuesday, July 26, 2016

Nintendo - Pokemon Craze



While the Singapore market is stagnant, slow and unsteady, I am moving on to other markets already. Today, we traded Nintendo near the bottom as highlighted on the pictures above. The stock gap down today due to some Pokemon craze that was highlighted in business times.

http://www.businesstimes.com.sg/stocks/nintendo-shares-plunge-on-pokemon-go-warning

However, this gap down could spell bullishness and hence I decided it's time to try. 9:55am, a bullish outlook was made and it was near at the bottom before the stock broke up higher in the 5 min chart. I believe, most who traded are in the $ now. Congrats. I am moving on to another counter.

Ronald K - Market Psychologist - A Stock Market Opportunist