Tuesday, April 19, 2011

Genting Sp follow up.

following up my previous post..

Genting has showed strength of holding on to the price after breakout, stay outside the downtrend channel for more than 10days and tested the resistance turned support line without falling back to the channel. Today, when market fall near 30points, this guy still standing strong and close the day at the highest point. These evidence give us reason that that this stock is likely to continue its short -mid term bullish trend. Can consider entry if it move higher tomorrow, stoploss can put at 2.05
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