Jumbo - Market Depth on Buyers

Jumbo just ran after my Tuesday post on the weak retailers selling. The Big Fish came in earlier and the stock just shot up as shown in the 5 min chart. As per my study of the market depth on Tuesday, I shared that it revealed plethora information of the turning point and indeed today it turned up.

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-selling-happened-in-my-watchlist.html

The market depth today seemed to be more sellers instead. I believe this breakout could be fake in the very short term. Congrats to those who went long.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - The Selling Happened, In my Watchlist

Jumbo as per my last post, I expected some selling first. It indeed happened! See my earlier post below:

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-game-changing-market-depth.html

The sellers were mini as also expected and not like an avalanche wave of serious sellers. I believe it's just normal retailers looking to lock in $$ as opposed to Big Fish selling. I am still bullish on this counter but it's important to watch for the next turning point before hoping in again. I had been watching this stock today and from the market depth, there were some minor changes which gave some cue on the turning point.

I will be holding a talk next Tuesday on illustrating the importance of timing and turning pivotal points. If you are interested to learn how to spot it yourself, click and register below for next Tuesday's talk.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - Game Changing Market Depth

As I finished my Whatsapp call last week on Jumbo and yesterday after we locked in $$, I went on to study the market depth for more information on the next turning point in order to hop in for a second round.

http://stockmarketmindgames.blogspot.sg/search/label/jumbo

The market depth reveals plethora of valuable information. Studying it now, I expect Jumbo to have a little more selling first before turning upwards again. However with that being said, the problem lies with the amount of activity when the stock suffered selling later. During the selling phase, I would need to see how much sellers emerging before deciding the turning point of the stock once again. I am bullish on this counter and it's definitely in my watchlist. You can do the same too and start putting it in your watchlist and monitor it everyday. :)



Update 5/7/2016, 11:53am

Jumbo up another pip.

Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - See This Breakout

Jumbo continues it's up rising price even though we have booked profits. It seemed as though the buyers were strong in supporting the price but well, I am rotating to the next counter. Need to search for a good stock for another Whatsapp call.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - A Whatsapp Book Profits Call

As I gave a Whatsapp bullish call on Jumbo last Friday, I was also watching Jumbo for sellers and wanting all my members to lock in $$. Click and read below.

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-whatsapp-call.html

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-normalized-buysell-market-depth.html

As the stock opened 0.61/0.615, I realized that it was a very mini gap up in the 5 min chart and shortly after, the stock ran to a high of 0.62/0.625 where I captured the market depth to show it's weakness on the buy/sell Q as shown on the link below, which warranted a book profits call and hence I sent out a Whatsapp call to lock in short term $.

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-short-term-selling.html

Coupled with my early morning bearish outlook of the market in my private forum at 8:18am, I decided that locking in $$ is the best option for today's game plan. As usual, my morning outlook once again materialized as predicted way before SIMSci futures opened! I am glad members made $ again be it from my morning outlook or Jumbo. I am possibly done for today as I have an important talk later in the afternoon. Enjoy trading. :)



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - Short Term Selling

Jumbo hit it's short term supply zone. Can look to lock in short term $$. The buy/sell Q flipped and the market depth showed some short term weakness. The quality of supply increases while the quality of demand decreases. Well, these are all short term observations but in the longer and mid term view, it's not that bad yet.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - Normalized Buy/Sell Market Depth

Towards closing, Jumbo had a normalized buy/sell Q in the market depth. The stock was in the strong holds of the big buyers while the supply was limited. When I gave the Whatsapp call, I must say I could be faster but while typing the stock ran and I could not control anymore but the message had to be sent out ASAP or the stock may run further up. The timing was perfect and crisp because it was LIVE that the buy/sell Q flipped so fast with sheer speed.

http://stockmarketmindgames.blogspot.sg/2016/07/jumbo-whatsapp-call.html

In my private forum, I also add on to the Whatsapp call on Jumbo so that members can have 2 modes of communication. Congrats all who entered jumbo.



Ronald K - Market Psychologist - A Stock Market Opportunist

Jumbo - A Whatsapp Call

I was watching Jumbo since it broke out this morning and it was strong like a bull. Missed the action in the morning but because in the 5 min chart, the stock reached the supply zone without much selling, I decided to give a Whatsapp call to all members to watch out for this stock. This stock then had its buy/sell Q stacked up as shown in the market depth. Swing trading this counter. Let's watch on Monday.



Ronald K - Market Psychologist - A Stock Market Opportunist