Singapore Stocks | Olam – The Scary 3 Black Crows
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Starting to look toppish from a longer-term perspective.
This is what I call a strong trend. You do not have to be a genius to make money from this trade. Hence, for beginners, we encourage to focus on the trend-surfing play, and put aside the other 6 setups until they have mastered this.
Same chart as the one i posted a few days ago calling for a sell, except that this is the updated version. 3 black crows in that context is very bearish. I will continue to post new stock picks in advance in the Synapse forum. Stay tuned!
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Spencer is an avid globetrotter who achieved financial freedom in his 20s, while trading & teaching across 70+ countries. As a former professional trader in private equity and proprietary funds, he has over 15 years of market experience, and has been featured on more than 20 occasions in the media.
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