Sino Grandness - Top 2 Signs You Must Know

On July 2nd, I posted that Sino Grandness had some collections and it moved up after that. In my blog post, I also shared that it's wise to lock in profits and go since it's a risky penny stocks. Since then the stock had been trending down and breaking down further below the breakout day which recorded 50% return in 1 day. Click and see my analysis on July 2nd.

https://stockmarketmindgames.blogspot.com/2019/07/sino-grandness-collections-and-up.html

I then shared what I saw and my analysis to all who came for my private event on July 3rd. I specifically told them how the BBs in Sino would play the stock and let the stock depressed.

https://stockmarketmindgames.blogspot.com/2019/07/us-china-trade-war-whats-next.html

So here, I am sharing again what you need to know when you trade Sino Grandness. The Top 2 signs and if you can see it, your chances of winning is pretty high.

1. You need to enter at demand zone and collection points BEFORE the stock runs

2. When you see the break out happens, sell into rising prices and finish your trade in 1 day regardless of what news that is about to release. Why? Because if you study the chart as attached, you will see Sino Grandness lost strength after 1 day and punctured down thereafter. 

So there you have it. Study the BBs, study the chart and you will have a better game plan and objective on how to trade this stock effectively.

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Down Further

Sino Grandness tanked further down today. The stock took a breather while other penny stocks are running high and strong like Sunmoon. Click below and read my analysis yesterday.

https://stockmarketmindgames.blogspot.com/2019/07/sino-grandness-collections-and-up.html

See the Top Volume now, some penny stocks are performing and blooming but as usual for penny stocks, it's risky and hence it's wise to just short term and contra off.

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Traded and Sold

Sino Grandness moved down with sellers. After my initial blog post in the morning at 11.09am that I will lock in profits, the stock moved all the way down from 0.066 to 0.062. Click below and read.

https://stockmarketmindgames.blogspot.com/2019/07/sino-grandness-collections-and-up.html

How much more accurate can that be? I don't know but all I knew was the sellers were stacking and ready to lock in profits. So my job is to follow and take profits too. Congrats to those who traded with me and made $$ :)

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Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Collections and Up

Sino Grandness just shot up further. From the chart, there was collections yesterday and the stock shot up the last 30 minutes before market closed. From there, it trended higher and towards closing yesterday it was 0.065. Today it flushed down a little in the minute chart and now it moved up further to 0.067. I am looking to lock in my short term profits for this counter. The stock may trend higher but I prefer not to risk with ultra penny stocks for now with profits first.

Click to register for my talk on how to profit together with Ronald K

Register for a Free Workshop - How to generate Constant Flow of Trades

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Intraday Scalp

Such a beautiful chart this morning for Sino Grandness where the stock gap up a little and then start to run again. Thereafter the market went down again and it started to went collections and then broke out higher starting at 4pm plus. Towards the end of day, I was stunned by the sheer amount of last minute buyers eating up the shares at fast speed to make Sino Grandness closed at day high of 0.062. I am pleased to see my student's record where he traded intraday with 700 lots and closed his trade fast today since he knew it was a risky stock. Good spot since morning but better finish since it was supposed to be a scalp trade. Congrats

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Broke Down

Sino Grandness broke down suddenly without much BBs support. The stock had a free fall and tried to recover but the selling force was too strong. The sell down could spell something bad to come for the company as investors are throwing out the shares. I am not into playing this china stock but I remembered we shorted near the peak last year. Click below to see my Whatsapp which I agve last year.

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-fearful-tank.html

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-circuit-breaker-cirb.html

On another note, should STI continue it's sell down in this manner, I think it can revisit the 3000 point mark thereabouts. Of course, it won't be so soon as it takes time. But what I meant was if there is a heavy sell down and if everything starts to collapse further, then that's the level where I think the support will start to kick in.



Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Circuit Breaker an Gap Down

The circuit breaker in Sino Grandness on August 1st was the first time Sino experienced almost a 25% sell down in a few minutes. That day, the company experienced some bad news where the stock just reacted with the bad news and tanked. The good news was we shorted before the tank happened and all of us made $. Click and see the below posts.

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-fearful-tank.html

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-circuit-breaker-cirb.html

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-congrats.html

Today, the stock gap down further with virtually no buyers at all. Since that circuit breaker day, the just rebounded a little more before we see a heavy down fall consistently over the next few weeks with today's drop as the most detrimental. When people asked me how do I think about Sino, my answer is trade other counters better. So today my answer is still the same, there are other better counters for trading.

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Congrats!

Congrats on your Sino Grandness trade and I am so happy seeing what I taught in my program is useful and effective. Over the years, I got sharper and sharper and along the way, I discovered more wonderful techniques like how to spot growth stocks and stock picking the right counters etc..With more new stocks being introduced, I am constantly looking for good counters to trade be it long/short. Will share more in person next week.



Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Circuit Breaker, CIRB!

I continued to receive more winning trade records from my students as we shorted Sino Grandness last Tuesday. Congrats to everyone again and now SGX starts to put a circuit breakout in Sino which contributed to the sharp rebound we see now! The drop was so severe that something needs to put a stop into it and hence a CIRB was employed to stop the bleeding. Some bad news must have been in the background or the sell down would not have happened so badly. But well, I spotted the sell down before it actually happens today which was hidden selling last Tuesday. See my previous post below on our Whatsapp alert.

http://stockmarketmindgames.blogspot.sg/2016/08/sino-grandness-fearful-tank.html

The buy/sell Q and market depth revealed more information that the rebound was about to happen and hence most students locked in some good $. I am lucky enough to capture the buy/sell Q when it was at the bottom. Study the buy/sell Q and see why the rebound was almost imminent where we locked in $.

Ronald K - Market Psychologist - A Stock Market Opportunist

Sino Grandness - Fearful Tank

What a powerful sell down in Sino Grandness today!! It just validated what I observed last Tuesday when I gave a bearish Whatsapp alert to all my students. Out entry for shorting was 0.585-0.61 and today the stock tanked to 0.52 low! In just a short 1 week, the stock went into a distribution mode and then followed by a heavy collapsed today!

The risk and reward was there as the cut loss was tight. The down side was even more rewarding when I saw a panic sell down. Study the market depth and you will see why the stock was weak in the morning. In the 5 minute chart, there was more tell tale signs of weakness which all contributed to this sell down we see now. Congrats to everyone who made $$.

Ronald K - Market Psychologist - A Stock Market Opportunist