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Friday, June 3, 2016

Sino Grandness

Sino Grandness - 3rd June 2016

This champion had a very nice broken out of  73 cents on 2nd June 2016 and closed high at 76 cents .
The volume is unusually high. In my view this is super bullish.


Both Macd & Rsi are still rising and this may provide further indication that the share price may continue to trend higher.

Short term wise it may continue to move up to re-visit 77 cents. Crossing over of 77 cents with good volume that may propel to drive the share price higher towards 80 cents then 90 cents with extension to $1.00.
(trade base on your own decision)



2 comments:

  1. Bro you are aware of IPO right, what is price after ipo? Many thanks

    ReplyDelete
  2. Hi anon, what I can say is that the trend is short term bullish.

    ReplyDelete