this drop is classic distribution. you can attribute the drop to mkt sentiment. however, strong stock (as seen from yesterday) does not drop more than 10% from the peak.
it only means distribution. if i am wrong on this i tiok!
venfx, u better stick to your cut loss level and do not offer new excuses then. this stock looks like pump and dump. irregardless of its result fundamental bla bla.
But so far, comcorp consider a good counters aldy fundamentally. Technically from a low of 0.685, up to a level of 0.965. Finding a new support line if uptrend can't continue. Patience.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
kenz88
616 posts
Posted by kenz88 > 2016-06-16 16:01 | Report Abuse
hancur comcorp,,,shittt