Bearish Stocks (that are Oversold)
Sarine, Jadason, Fu Yu, Miyoshi, Raffles Medical, Q&M Dental Grp, Ezion, Thomson Medical, Starhub, IndoFood Agr, Ying Li, City Dev, Asian Pay TV, Spackman, SingTel, Noble, Kep-KBS
17 stocks in Bearish Moods/Trends, are in Oversold Zone in today TOP ACTIVES.
... bearish stocks that are Oversold may occasionally staged Bear Rebound
... but remained trapped in weak prices,
... ie. after each rebound, it may go sideways or
... its low may fall lower till all negative news are fully priced-in
... fresh Positive News are needed to fuel a stronger Rebound or maybe a Trend Reversal
Common Behavior of Stocks trapped in Bearish Moods/Trends
... some may attempt Bearish Rebounds after Overselling, as it fell towards its Key Support Levels
... others may be trapped in Range Bound after recent falls, entering into consolidation mode
... the weaker ones may resume its bearish trend till its bear trend died (may use Elliot Wave as guide)
... Fresh Positive News are needed to fuel a stronger Rebound or maybe a Trend Reversal
Disclaimer: Above Technical Outlook may be unreliable & RISKY as its data & chartviews are not verified to be accurate; it is only for general info, NOT for your trading or investment.
