On 8 May when Riverstone, one of the few high flying glove makers( Topglove, riverstone etc ) from Malaysia listed on SGX, was hovering at 1.20-1.30 , we called a bullish breakout for Riverstone where some Snipers rode it from 1.30 to 2.40 . exited , took a 30 day break then rejoined the rally from 2.50 to recent 4.80.
Catch key reversals & ride market waves with super precision & insane profits @ lowest cost
Showing posts with label #glove. Show all posts
Showing posts with label #glove. Show all posts
Friday, August 14, 2020
Exiting & Shorting Riverstone peak : $82k or 11% overnight
On
the 6 aug , anticipating a final burst of fire to the peak, we piled
on into our Riverstone positions , for our last fast punt to the
peak.
Lo
behold, true to prediction, the very next day , on 7 Aug friday , just
before National Day weekend , Riverstone gap up 12%. We detected the
peaking and exited.
Below
is one Sniper's overnight trade on Riverstone's very recent last burst
of fire to the peak @4.80 from 4.15 , reaping $82k or 11 % in 24 hours
with just 200 lots of Riverstone.
the screenshots he shared with me below speaks for itself ,
Lo
behold again, right after we exited near the peak at 468-80, Riverstone
crashes to $4 post National day . see below pic Expecting riverstone
to crash some-more.
Those
interested in the secrets of how to catch the ride to the peak , pile
in for that final fiercest burst of fire to peak & then short from the peak just before it crashes such as you saw in the stocks above here may want to join free webinar & free WhatsApp alerts - see http://finchartsniper.com/#event or https://finchartsniper.blogspot.com/p/free-workshops-events.html
Monday, June 29, 2020
Riverstone - continuation rally breakout
Recall we had a breakout call for Riverstone on 8 may , when it was hovering around 1.20-1.30
Since then , rubber glove companies from Malaysia had had a super run such as this stock and many others , top glove which we also made a breakout call , supermax etc
Riverstone has made a impressive move from 1.30 to 2.45 where it rested for good 4 weeks ( see below) . Now riverstone is ready for the next leg of rally as latex gloves are still in great demand due to expanding Covid waves and production ready vaccine is still nowhere in sight. this rally should bring us to around 4.00 - 5.00
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