Tuesday, November 29, 2011

Yanlord

Congrats to those who followed my previous post on Genting Singapore! Right after my posting, Genting drop from 1.735 till the low of 1.46(15.8%). Some clients have called to thanks me for calling the short, now it has reach our first target (previously mention 1.50) probably a good time to take profit if u are doing short term. Mid term trend is still pointing down.

ARTs System, today it gave us a signal that it is a good time to enter Yanlord. Given the long term trend is bullish- Blue Ribbon, mid term also bullish(blue bar) and the Blue arrow signify that today is a Pivot point, can consider to enter this stock if tomorrow it goes above $1.085, Stoploss $1.02, timeframe is 2 weeks to 2month, First target $1.24



Tuesday, November 8, 2011

Genting Sp

Genting SP now trading at 1.735, currently trading above 20ma and 40ma Short term is still in Bullish trend. However this stock is still below 200ma, and 200ma Sloping downward, signifying long term trend is down. If you have drawn the downtrend line since late last year, you will see Genting is traveling down the Downtrend Parallel Channel and now is at the top(resistance) of the channel. If you are follow our Parallel channel trading strategy, this is a good point to do shorting. Stoploss can be place at 1.81 . First target 1.50. 2weeks-1month trade.
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