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Hey Scotty though HG has risen 6.5 cents on Thursday but the volume is surprisely lower if you were to compare the volume with the previous month. As the price goes higher and the volume beginning to trend lower, I think investors out there gonna be careful in case there is an overbought situation. BullRun maybe you can add on to what I had mention. I am way no technical analyst like u do. I am a fundamentally technical person. LOL

 

Judging from the current market situation where alot of attention have been focus on china shares, I think HG will continue to benefit from these trend. Well I don't really have a specific price target in hand but I am not surprised to see HG trading near the range of 0.72 to 0.75 by next week provided that there is a continued influx of good news such as good earnings report and etc. But alot of the deciding factor I think will be left to Value Partners and broker house like DBS Vickers who value HG at 0.59. I think DBS Vickers will revised that valuation target soon. BullRun lets sit back abit from now and let the market pushes HG to greater heights ba. LOL

 

Hi Bullrun, how can you tell from the trading pattern that not many retail investors are playing Hongguo? Please teach me.

 

InvesToMan....I have to agreed with you that HG can hit $1 or even higher. Looking at the trading pattern, it looks like there isn't much share left in the hand of retail investors. What is your next target, can share with me?? Thanks.

 

Yea,BullRun I am a hardcore HG supporter but too bad I only buy 10lots at 0.23. Regretted not averaging up. At that point of time I was trying to diversified my portfolio until I came across this term call 'focus investing' which focus on a few high performing stocks like HG. Well I am more optimistic than you, I think HG will rise above a dollar. I once use FA and catch Celestial Nutrifood at 0.18 and now 1.4.... Hmmm I think I am pretty confident about it bah. So let the invisible hands in the market give us a lift ba.

 

Hi InvesToMan, Nice to know that there is another Hongguo supporter in this forum. I'm a real HG supporter, vested @20c few months back. Today closed at 67 cents!! but I believe that the best is yet to come!!! My target is 88 cents!!

 

Hi ladies and gentleman. Juz get to know this webby lately. Din noe that there are Hongguo supporters out there who shared the same views with me on this wonderful company out there. Hope to exchange more views with you all. Cheers!

 

ooh...Break 60 cents!! How about a FV of 80 cents now???

 

This time round, I guess they have made to correct decision!! They bought at 40 cents and now share trading at 57 cents. They are buying more...hopefull share price move to break 60 cents!

 

Value Partners increased its stake in Hongguo to 7%. But don't forget that they made the wrong bet in Unifood. Its price plunged after they bought.

 

You can also use the zoom in/out buttons at the bottom of the dynamic charts if you want to see the gaps more.

 

Try the image chart instead of dynamic chart. Can see the gap better.

 

HG just announced another piece of good news!!! Look like C.banner worth a lot more then what I have thought earlier!!

 

its nice to see Hongguo going for lunch at 0.545........hold on tight

 

Thanks Nostradamus and Singaporegal, I'm not will to pay..In fact, stocking may be right that there is not need to look at charts during bull run..charts just confused me!! Still holding tight to my HG share..waiting for 59 cents!

 

Hi BullRun, Can't really see the gaps in the charts here. SI or other pay sites have better charts. If you want to make money, then you need to pay money.

 

haha... i don't use SI charts because I'm not willing to pay $$ for it. I used to use Poems charting (free also) but now i mostly use ShareJunction charts because its more or less the same. Poems has more types of charts though but I don't need them. For the MACD function, the difference is that the SJ MACD defaults to 9 Day EMA and you got to set the bottom chart to see the bar chart or the volume chart yourself.

 

Don't really need to look at charts during bull run. There is only one direction for Hongguo to go...that is up!

 

I find the the system more difficult to use. In SI, they plot the MACD chart with all setting done. Do you know how to do the settings such that I can make the chart look like the one in SI? Thanks.

 

You can get TA charts at the ShareJunction "chart" link. Unless you're looking for other types of chart that are not available here.