Part of being a trader is riding with the trends on speculations. But, for beginners it is highly risky, it may sucked your money instantly or may give you some fortune. We want to win, we want to make money, we play to win. That's all what we wanted.
I admit that I play some risky issues like BHI but with limitations and carefulness. BHI have been in the spotlight with heavy volume last week but reverses immediately and may possibly left many small time hunters in the air. Here we go.
The chart.
Looking at the chart MACD still on the positive but volume is becoming thinner for the last six trading days. Though I admit that I play the stock but fortunately I released again at cost. I do not see a bright future for BHI, that's only my opinion, I would rather buy more for SLI trading below par. Who knows, good news will come.
What are the other factors we need to look into? NO foreign fund enters BHI if there are any, it maybe nil. Who are players and keep on playing? Last six days top ten (BUY and SELL)
Stop, look and listen. The top ten players speculated and played the stocks. You will be happy if you bought the issue below .14, Congrats, you maybe celebrating your great adventure. Only BDO did not release their holding, COL in and out, with TOWER and BERNARD. The euphoria dissipates past because of the blue chips bounce back.
If you want to play, be familiar with the rules, you cannot beat them, I'm sure of that. Do not join them unless your appetite is risk.
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