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Post by huathuatleo on May 22, 2015 20:01:16 GMT 7
Sino Grandness - TA analysis for sifu comments. - Sino Grandness has been on downtrend (blue channel) since Aug/Sep 2014 after being hit by shortseller report
- Hit the lowest point @24cts in Mar 2015 and has since retraced upwards along the red channel
- Price broke out from the downtrend on 20th May on high volume and covered gap on 22nd May 2015.
- Short term trade >> potential buy and sell zones are indicated on the chart above
- Do take note that several upcoming news may positively impact price action ie spin off form A submission, IPO, CB redemption, Thai Jv juice distribution
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Post by zuolun on May 22, 2015 22:19:06 GMT 7
Sino Grandness - TA analysis for sifu comments. - Sino Grandness has been on downtrend (blue channel) since Aug/Sep 2014 after being hit by shortseller report
- Hit the lowest point @24cts in Mar 2015 and has since retraced upwards along the red channel
- Price broke out from the downtrend on 20th May on high volume and covered gap on 22nd May 2015.
- Short term trade >> potential buy and sell zones are indicated on the chart above
- Do take note that several upcoming news may positively impact price action ie spin off form A submission, IPO, CB redemption, Thai Jv juice distribution
huathuatleo, The daily and weekly charts are indicating an intermediate bullish trend reversal in Sino Grandness. It's not out of the wood yet but the share price is likely to hit potential TP $0.52 (based on a bullish symmetrical triangle breakout), see the upper green line of the downward sloping channel in Sino Grandness weeky chart. Daily chart- The Gap theory (only when EOD closing @ $0.42, then it's considered closed)
- The bearish Gartley pattern (dead cat bounce)
- The ichimoku cloud (trading above the cloud)
Sino Grandness ~ Bearish Gartley Bat Pattern, interim TP S$0.475, next TP S$0.52Sino Grandness closed with a white marubozu @ S$0.415 (+0.025, +6.4%) with 11.3m shares done on 22 May 2015. Immediate support @ S$0.405, immediate resistance @ S$0.43. Expect Sino Grandness's gap between S$0.37 and S$0.415 created on 2 Mar 2015 to be successfully closed and the share price to shoot higher. Weekly Chart- The Linear regression theory
- The Fibonacci retracements
- The bullish symmetrical triangle breakout
Sino Grandness (weekly) ~ Trading in a downward sloping channel, biased to the downside
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Post by huathuatleo on May 23, 2015 8:24:33 GMT 7
Thank you Sifu zuolun. You are right on the weekly that SinoG is not completely out of the woods. Another channel to break. Sino Grandness - TA analysis for sifu comments. - Sino Grandness has been on downtrend (blue channel) since Aug/Sep 2014 after being hit by shortseller report
- Hit the lowest point @24cts in Mar 2015 and has since retraced upwards along the red channel
- Price broke out from the downtrend on 20th May on high volume and covered gap on 22nd May 2015.
- Short term trade >> potential buy and sell zones are indicated on the chart above
- Do take note that several upcoming news may positively impact price action ie spin off form A submission, IPO, CB redemption, Thai Jv juice distribution
huathuatleo, The daily and weekly charts are indicating an intermediate bullish trend reversal in Sino Grandness. It's not out of the wood yet but the share price is likely to hit potential TP $0.52 (based on a bullish symmetrical triangle breakout), see the upper green line of the downward sloping channel in Sino Grandness weeky chart. Daily chart- The Gap theory (only when EOD closing @ $0.42, then it's considered closed)
- The bearish Gartley pattern (dead cat bounce)
- The ichimoku cloud (trading above the cloud)
Sino Grandness ~ Bearish Gartley Bat Pattern, interim TP S$0.475, next TP S$0.52Sino Grandness closed with a white marubozu @ S$0.415 (+0.025, +6.4%) with 11.3m shares done on 22 May 2015. Immediate support @ S$0.405, immediate resistance @ S$0.43. Expect Sino Grandness's gap between S$0.37 and S$0.415 created on 2 Mar 2015 to be successfully closed and the share price to shoot higher. Weekly Chart- The Linear regression theory
- The Fibonacci retracements
- The bullish symmetrical triangle breakout
Sino Grandness (weekly) ~ Trading in a downward sloping channel, biased to the downside
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Post by zuolun on May 23, 2015 11:31:18 GMT 7
Thank you Sifu zuolun. You are right on the weekly that SinoG is not completely out of the woods. Another channel to break. huathuatleo, Please don't call me sifu, just call me zoulun will do. My view on Sino Grandness may hit lower low @ S$0.19, is still valid. Although Sino Grandness's weekly chart has a bullish symmetrical triangle breakout on 22 May 2015, overall it's still biased to the downside – meaning the continuation of its major prior trend (down) is highly possible. Sino Grandness (weekly) ~ Bullish symmetrical triangle breakout
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Post by huathuatleo on May 24, 2015 10:30:07 GMT 7
Thank you Bro zuolun. Thank you Sifu zuolun. You are right on the weekly that SinoG is not completely out of the woods. Another channel to break. huathuatleo, Please don't call me sifu, just call me zoulun will do. My view on Sino Grandness may hit lower low @ S$0.19, is still valid. Although Sino Grandness's weekly chart has a bullish symmetrical triangle breakout on 22 May 2015, overall it's still biased to the downside – meaning the continuation of its major prior trend (down) is highly possible. Sino Grandness (weekly) ~ Bullish symmetrical triangle breakout
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Post by zuolun on May 25, 2015 9:51:23 GMT 7
sptl123, 不识本心,学法无益。Sino Grandness ~ Bearish Gartley Bat Pattern, interim TP S$0.475, next TP S$0.52Sino Grandness had a doji and traded @ S$0.42 (+0.005, +1.2%) with 3.25m shares done on 25 May 2015 at 10.35am. Immediate support @ S$0.405, immediate resistance @ S$0.43. Expect Sino Grandness's gap between S$0.37 and S$0.415 created on 2 Mar 2015 to be successfully closed and the share price to shoot higher. The Gap Theory ~ Only when EOD closing @ $0.42, then it's considered closed.
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Post by sptl123 on May 25, 2015 15:39:06 GMT 7
sptl123, 不识本心,学法无益。
Bro Zuolun, from the video:
把執者,分别,妄想统统放下。不起心不动念,使一切恢复到纯诤纯善的境界...
" 菩提本無树, 明鏡亦非台, 本来無一物, 何处染塵埃?"
感恩大哥教授教晦小弟获益良多.
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Post by zuolun on May 25, 2015 16:53:09 GMT 7
Bro Zuolun, from the video: 把執者,分别,妄想统统放下。不起心不动念,使一切恢复到纯诤纯善的境界... " 菩提本無树, 明鏡亦非台, 本来無一物, 何处染塵埃?" 感恩大哥教授教晦小弟获益良多. sptl123知难行易: 当你搞清楚什么才是真正的技术分析,无论做长线或短线都如鱼得水。
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Post by sptl123 on May 25, 2015 18:19:27 GMT 7
Bro Zuolun, from the video: 把執者,分别,妄想统统放下。不起心不动念,使一切恢复到纯诤纯善的境界... " 菩提本無树, 明鏡亦非台, 本来無一物, 何处染塵埃?" 感恩大哥教授教晦小弟获益良多. sptl123知难行易: 当你搞清楚什么才是真正的技术分析,无论做长线或短线都如鱼得水。 是的大哥。努力用功才有收獲。种瓜得瓜种豆得豆。借大哥的智慧小弟用心耕耘,接下来就要靠老天了.
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Post by zuolun on May 27, 2015 9:26:10 GMT 7
Sino Grandness ~ Bearish Gartley Bat Pattern, interim TP S$0.475, next TP S$0.52Sino Grandness had a black marubozu and traded @ S$0.405 (-0.025, -5.8%) with 2.38m shares done on 27 May 2015 at 10.15am. Immediate support @ S$0.39, immediate resistance @ S$0.43.
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Post by zuolun on May 29, 2015 9:24:24 GMT 7
Sino Grandness ~ Bearish Gartley Bat Pattern, interim TP S$0.475, next TP S$0.52Sino Grandness had a hammer and traded @ S$0.40 (-0.015, -3.6%) with 1.92m shares done on 29 May 2015 at 10.20am. Strong support @ S$0.375, immediate resistance @ S$0.415.
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Post by zuolun on Jun 4, 2015 5:00:09 GMT 7
sptl123, When your house is flooded, naturally you will climb up to the roof top, i.e. re-draw the Fibonacci retracement at higher price level and run for your life! Sino Grandness ~ Bull Trap, the bearish Gartley pattern is negatedSino Grandness closed with a spinning top @ S$0.38 (-0.01, -2.6%) with 3.56m shares done on 3 Jun 2015. Immediate support @ S$0.35, immediate resistance @ S$0.405.
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Post by zuolun on Jun 4, 2015 8:25:39 GMT 7
sptl123, S-Chip ~ Always a good trading stock for punting only, never go for longterm or put it the same as...gf always good to have for a temporary ego boost only; wife is good for longterm companionship. 陈九霖:“墙倒众人推,既倒不怕推。日后垒铜墙,欢迎大家推。” "When the wall is falling down, everyone is aware of a stampede. Don't worry, in future we will build a copper wall and we welcome everyone to push it down again." ~ ex-CEO of CAO, Chen Jiulin Sino Grandness: In 0.373 out 0.43 ~ Only one round of the game, no positions long or short now. Bro Zuolun, you sold at near recent high; 羨慕大哥好功夫 . sptl123 "It's when you sell that counts".
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Post by zuolun on Jun 6, 2015 11:58:01 GMT 7
Using tax amt paid to the Chinese govt to check the performance of Sino Grandness's business in Shenzhen for the past few years. Check on Sino Grandness Food ~ 20 Nov 2014
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Post by sptl123 on Jun 6, 2015 12:55:09 GMT 7
Using tax amt paid to the Chinese govt to check the performance of Sino Grandness's business in Shenzhen for the past few years. Check on Sino Grandness Food ~ 20 Nov 2014 Thank you bro Zuolun. In one of the briefing relating to the last short seller report, someone also asked the management a similar question concerning profit earned and proof of tax paid . They answered but still no answers given。 答非所问声东擊西. Management is such a great talker to make people more confused at the end.
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