CGB (ASX) CGB Reborn

Originally posted by NZtrader: ↑

Unfortunately I can't share my graphs. For obvious reasons.

Now I'm sharing price targets. Which is a lot especially for free.

The kicker is, it's worth something or it's worth nothing.

Given my other recent calls, seems it's worth a decent amount, so the price targets should be enough (for free).

Next week will help determine what the next short term price action should be. I'll share the very short term price targets once I have them.

What is truly fascinating is the fact that in spite of a long break and share volume increasing, the old QBL graph gave EXACTLY 2.9c as a support point for ANY day of relisting. Many decades doing this and I'm still fascinated by how accurate things tend to be, if you've got the right system.

if you constantly forecast, then adjust based on what happened, and learn, after a few decades, you start getting it. The annoying thing is I've just found the missing piece I had been looking for all those years. Since then, I've been very lucky it seems with 4 very profitable trades out of 4.

The fact the BOD has clearly made a few booboos or the fact they sell sardines or hemp seeds, is almost irrelevant. The market has a price for everything.

From what I see over 6 months + the market will value CGB at up to 5.4c a share and have to make a choice at those levels. Short term a daily close below 2.8c or above 3.3c will signal an extension into the same direction by 3-4c.

Once again, people should do their research. Traders will trade.

One last piece.

The minimum possible price for CGB will be 1.9c until Mid october. The maximum and price target for Feb 2020 is 7.2C. There is a scenario where CGB slides for the next 6 weeks and starts then a 400% run within 4 months. Or there is another one where It stays fairly flat over 2.8 2.9c / under 3.4c until START AND MID october, where things seem to be kicking off. We'll see next week.

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Oh i agree. My calculations were similar. I would share but i dont give my talent away for free. You must understand i am selfish and greedy you see and value myself above most people. NZtrader i do apologise for being obnoxious but seriously. If I may elobrate. The health industry is a multi billion dollar industry cashing in on the basic premise that people should eat less, eat healthy and move more. You may be an alchemist in your field but never underestimate the stupidity of the human race. You could probably advertise that you have found the unifing formula for quantum gravity here for free and for all. Knowing the answer does not automatically translate into understanding the answer.