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 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.


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

Sniper precision multibagger trades ( recent )

700% returns on Crude oil futures etf : epic ride from pandemic bottom @10 USD to 80+ USD peak

  "28 April 2020 - Crude Oil at 10 USD per barrel "  - that's the screaming news headlines on that fateful date ( see the dat...