Thursday, 17 August 2017

Rowsley - Coming Back to Life

Rowsley looks bullish at the moment and it might be coming back to life soon. The accumulation area for this stock is around 0.107-0.111. Prices have gone below the accumulation area recently and it's only more bullish for this stock to rise further. Currently it's at the strong hands of the BBs and it might be moving up anytime soon. Do expect some flushes first before the stock move higher. The short term might reach 0.112 first. Let's see..

Update: 17/8/2017, 4:05pm

Rowsley moved up to 0.107/0.108 and my 3 million shares is in the $$ now. :) The stock then moved further to 0.108/0.109! Congrats to all who entered when I posted!

Ronald K - A Game Changer

Friday, 11 August 2017

Dragon^ - 164% in 1 Day

Dragon^ had a trading halt the past few days and suddenly after 1pm today. the stock lifted it's halt and started to run like crazy. It was the hottest stock for today as it kept rising from 0.028 all the way to 0.049 with super heavy volume of retailers chasing. Towards the end of day, it closed at 0.045 which suggested some profit taking took place and it's wise not to buy this counter now. I will be looking for some important Contra squeeze first before taking another position in this counter. Join me in trading this counter if you are interested. :)

Ronald K - A Game Changer

MM2 Asia - Hitting First Target

MM2 Asia is slowly drifting towards my projected target price of 0.46-0.47 as posted on this blog last evening!

The stock, together with the overall bearish market condition is causing everything to slowly sell down. I am pleased that I was able to make this forward prediction last evening before we saw what happened today. Timing is an important skill in trading and investments. As of now, MM2 has met my first projected target at 0.46! Will it continue to reach towards 0.43?

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Update 11/8/2017, 11.20am

MM2 rebounded from my target price of 0.46 to now 0.475. The 0.46 was indeed a temporary stoppage zone for the buyers to support prices first. Watching the next point.

Ronald K - A Game Changer

Thursday, 10 August 2017

MM2 Asia - Short Term Sellers

MM2 had a successful breakout after dipping to my targeted price of 0.40-0.42. The stock then rebounded quite heavily, reaching to a high of 0.49 today.

However, because there were many retailers chasing, the BBs used the rising price to look in some short term profits. In the near term, I am expecting MM2 to reach a price of 0.47-0.46 and then slow drift towards the 0.44-0.43 for some contra squeeze before another breakout. The stock seemed bullish and the scripts are in the hands of the BBs.

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Ronald K - A Game Changer

Saturday, 29 July 2017

GSS Energy - Sold Down with Strong Sellers

GSS Energy, a stock I posted on my blog on July 17th that it looked weak indeed started to spiral downwards with strong force of selling. With so many penny stock tanking and tumbling, GSS Energy just could not withstand the strong selling pressure. The penny stocks looked like there might be a short term rebound coming but I don't think the rebound can sustain and hence, it's wise to look more on the shorting side. I will post more stocks here when I see one.

Ronald K - A Game Changer

Monday, 17 July 2017

GSS Energy - Looks Weak

The chart for GSS Energy looks weak with buyers trying it's best to break through higher price but to be only met with sellers after sellers. Looking at the daily chart, I am not so bullish on this counter anymore. In the short term, there maybe some selling in place before the stock tank. There are so many other counters that ran today but GSS was just sluggish. I am moving and trading a good stock tomorrow. The Top 30 Volume showed some strong stocks like IEV, Kris Energy, Sincap and many others. :)

Ronald K - A Game Changer

Thursday, 29 June 2017

GSS Energy - Up on Bursting Volume

GSS Energy burst up with superb high volume with 2.243 million shares done at 3.24pm. The stock rose from 0.166 to now 0.17 as predicted in my earlier post where I mentioned that the stock may reach 0.17 and more buyers will come in to support to stock. The buyers indeed did support the stock and it flew. If you read my blog earlier, you would have made $$. Congrats!

Ronald K - A Game Changer