Uptrend getting tired?

These few days i feel that the current uptrend is getting tired. I don't know why i feel so, maybe it is because the market doesn't respond the away i expect it to be when there are good news released. That's why i think there might be a correction coming. In my humble opinion, if the correction is to come, it would be a short one, shorter than the the previous June-Mid July correction.

I am not holding any high gearing call warrants right now because i worry may not able to respond to the correction fast enough if the correction is to come. So i am planning to start to trade high gearing call warrant after the correction has come.



Last few days, Airasia dropped a lot but i really think that is a healthy correction and that's nothing to be panic. Profit taking is normal after such a big rally in the last few weeks. It is trading at its support too.

As you can see, the volume is decreasing since last Tuesday. It is always better to buy a stock when trading volume is low compared to when it is high. When trading volume is at peak, that means that a correction is around the corner. Looking at the chart, we can see price would be always at a peak when the trading volume is at the highest. What must we do? Isn't it better that we buy when the volume is low?

I will be cautious if i find the price is moving upward and the volume is not. It mean that there are getting less buyers willing to buy at that higher price and a correction is around the corner.

Good luck, guys.

GOon