China Gaoxian

After a selling wave of one month, this well supported stock may start to run again. The current bullishness in Hang Seng Index may also push this S-chip up.

Stop buy or buy @ $0.047
Stop loss @ $0.041
Note

1) Watch out for Jaya, Giken, Pacific Radiance and CWT as posted this week. They are coming!!!

I feel GREAT today !!!

Today my Great Eastern and Ezra holding flew and I exited half of my China Gaoxian at $0.054 with a handsome profit.

I also received many emails from readers, thanking me for the willingness to share and posting good stock to trade on this blog. I even received from a reader wanting to buy me a good dinner because she has profited from China Gaoxian. I politely declined her offer and asked her instead to donate part of her winnings to charity or give to those poor elderly Singaporean selling tissue on the street. It will brighten up their days.

My purpose of continuing this blog is to help the readers here make money to combat the ever rising inflation and to build up their retirement fund so that they can retire comfortably. And hopefully they can in turn help the needy out there.

Note that for all recent posting whereby the stop buy or stop sell orders that are not triggered, you can still trade them although I didn’t mention the stock again. You can verified with me again their entry price by sending your message here .

Now let’s go back to my favourite stock China Gaoxian.

For those who have not entered China Gaoxian, you should kick yourself really hard because there are 2 entry signal where i posted on 24 and 29 June 2014. This may be your last chance to enter !

China Gaoxian had formed a Bullish Flag. If is successfully breakout with high volume, it will reach $0.068.

Entry : stop buy @ $0.058
Exit : stop loss @ $0.046
Target : $0.068

China Gaoxian

1

I love this stock. Trading this stock is like riding a roller coaster, it gives me an adrenaline rush.

For those who missed the trade on China Gaoxian which I posted on 24/6/2014, today there is an entry signal again.

China Gaoxian may be forming a bullish pennant and attempting a breakout. It is well supported at $0.048.

Entry : stop buy @ $0.052
Exit : stop loss @ $0.046


NOTE : Do watch out for Jes and Ezion.

China Gaoxian

Have you entered China Gaoxian today which i posted on this blog yesterday? Today it broke out of the resistant level at $0.048 with huge volume. But there is a big price rejection from $0.054 to $0.05.

For trader, tomorrow you can close your position if the profit is good.

Today, a few S-chip also broke out with huge volume. There may be a sector rotation to s-chip play. You can keep them under your watchlist to monitor.

China Bearing, China New Town, China Taisan.

China Gaoxian

From the chart, the selling had stopped and the buying volume had started since 2/2014.

The BBs have started to accumulate this stock since 16/6/14.

You can either trade or invest this stock.

Entry : $0.049
Exit : stop loss @ $0.039 for trader
         stop loss @ $0.029 for investor