In the morning/early in the 1st session BUMI boomed upto 2450 which became today's high. So do all the B7 and most stocks,they grew up early in the morning. But they were slowing down as the afternoon came.
After the 1st session, most retail traders were cutting their loss at the 2nd session so do most mafias that dropped their stocks, which means they're holding cash for meanwhile and out of stock.
This might be a good or a bad sign. A good sign, if the mafias buy back at low price & sell them hihger which means the price will be higher. Then, it will be a bad sign, if some mafias that still own stock dropped the price again.
Hopefully they only forced sell early & sell higher like they did before...
Happy trading...^^
Disclaimer ON!!!
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