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Friday, August 21, 2020

Vicplas Intl - 47% In 1 Day

Crazy run and superb breakout in Vicplas Intl as the stock soared 47% in 1 day. Although I wouldn't chase because it touched some supply area and would look to take $$, still as posted earlier in the morning that this is the hottest stock at the moment with plenty crazy big buyers whacking up the shares.

In the 5 minute chart, there was plenty of signals to long but because it's quite high, I would reduce my position. As it moved higher, it only signaled that a big news is coming for this stock as the strength of the run was strong. Let's watch next week.

Ronald K - Market Psychologist - A Stock Market Opportunist


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