RiverStone SGX (Pump And Dump, SG Style)

Updated
View On River Stone (4 SEPT 2019)

This is going to be an another classic example of Pump And Dump.

Reaching $3 shall be easy.




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Note
Updated View On River Stone (7 SEPT 2020)

It is now making a pullback UP as the last down move have already hit strong support region of $3.60.

We rather view the swing back up as a chance to offload the remaining long positions, than the chance to buy in.

The counter has changed structurally.
As long as the price can't break above $4-$4.30 level, it shall go lower soon.

Let's see.

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Note
Updated View on RiverStone (10 Sept 2020)

Did you follow our analysis? It is crashing as we expected.

You are welcome.

$3 shall be there soon.

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Note
Updated View On River Stone (17 SEPT 2019)

Our previous target of $3 is hit and I think the selling is not yet over.

It may swing back up as a retest but any pull back up shall not last.

The next strong support region is $2.50

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Trade closed: target reached
Update on RiverStone (3 Jan 2021)


TP hit.

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