China Sunsine

China Aviation – [ Will Our Third Target Be Met? ]

Kelwin & Roy China Sunsine, Stock Market , , , , , , , ,
12th February, 2019, 5:41 PM

China Aviation – [ Will Our Third Target Be Met? ]China Aviation 12th Feb 2019

Chart Source: Poemsview 12th Feb 2019

China Aviation had a rocket start to the week jumping from $1.19 on Monday to a high of $1.32 on Tuesday and finally closing at $1.29.

Our EXCLUSIVE CLIENTS were alerted of China Aviation early in the morning when it was at $1.20. A nice side accumulation was happening over the last two weeks which led to a nice breakout and two of our upside targets of $1.25 and $1.29 being hit.

Our Third Target stands at $1.34 which is the upper band of the trendline resistance. China Aviation rallied 10% since our alert and hitting $1.34 would be a bonus, so protecting some profits is a wise move at this point of time.

The uptrend support continues to hold China Aviation and a break of that might signal a change of trend.

In fact just in Jan when China Aviation was trading around $1.07 we also ALERTED our EXCLUSIVE CLIENTS on it.

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Kelwin&Roy

China Sunsine – [ Shining Brightly For Shortist, Down Another 4% ]

Kelwin & Roy China Sunsine , , , , , , , , ,
6th July, 2018, 8:59 AM

China Sunsine – [ Shining Brightly For Shortist, Down Another 4% ]China sunsine 6th July 2018

Chart Source : Poemsview 6th July 2018

China Sunsine shining brightly for shortist as it continue its slide down to our target of $1.36 and a little bonus as it dipped one more cent to $1.35.

We are now currently looking at more possible downside of to $1.25 if the support at $1.35 doesn’t  hold. Protective stops should be in place in order to protect profits.

A good 10% downside has been achieved since our blog post on China Sunsine so its good to have protective stops.

The currently market is indeed tough and volatile. Always remember to have a trade plan and learning how to SHORT is vital in today’s market.

The ability to go long and short is crucial to surviving in this market.

Stay tune to this blog as we reveal more details for our 18th July CFD workshop.

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Yours

Humbly

Kelwin&Roy

“I always define my risk, and I don’t have to worry about it.” – Tony Saliba

China Sunsine – [Down Over 5% In Two Days As Warned, Next Target? ]

Kelwin & Roy China Sunsine , , , , , , , , , ,
4th July, 2018, 8:56 PM

China Sunsine – [Down Over 5% In Two Days As Warned, Next Target? ]China Sunsine 4th July 2018

Chart Source: Poemsview 4th July 2018

China Sunsine a stock that we mentioned just two days back on Monday saw it moving down ever since.

It couldn’t manage to regain its uptrend line and also broke the horizontal support of $1.49. From then on its just  sticking to the game plan of going short as previously mentioned.

China Sunsine dropped over 5% in just two days which we are delighted.

It has gone beyond the first support of $1.43 but we’ll want to see that it doesn’t stay above this for the next few days. If it doesn’t then $1.36 might be on the cards.

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Stay Tune as we will update with more  details.

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Kelwin&Roy

 

China Sunsine – [Broken Down From Our Uptrend Line]

Kelwin & Roy China Sunsine , , , , , , , ,
2nd July, 2018, 7:45 PM

China Sunsine – [Broken Down From Our Uptrend Line]China Sunsine 2nd July 2018

Chart Source: Poemsview 2nd July 2018

China Sunsine had been trying hard to break the resistance at $1.56 or the 20 days moving average. It failed to do so for the last few attempts and even broke down from its uptrend line which it has been rebounding off so far.

For now, China sunsine support might be at $1.49 breaking which might see it fall further to even $1.36 with minor support along the way.

China Sunsine is slightly on the lower side of its liquidity so that is something we would be taking note of it. What it means is that the price movement can be rather erratic and fast. In addition a large quantity might have some difficulty in being filled.

So we will always be mindful of such counters.

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