*Official* Genting SP

[kebinu]

TBH, if I were to trade, I would have place my long at $1.29, with cut loss at $1.275 on 3rd August. After the aweful candle on 6th, I may stick to my initial cut loss or adjust it to $1.28 or sell at $1.3.

Anyway, since there is no confirmation of reversal (or there's a fake breakout), just cut loss and move on.

Nevertheless, remember sell on rumour buy on news for such down trending stock? Do not use logic all the times. Just stick to chart and trade.

Or invest when you find the price is good.

 

[compro_1975]

Still waiting to b in buying range for me.... When the hell can they settle the echo thingy man...

 

[Wannabe Richer]

Still waiting to b in buying range for me.... When the hell can they settle the echo thingy man...

What's the echo thing? Can summarize it for everyone? Haha

 

[compro_1975]

What's the echo thing? Can summarize it for everyone? Haha

They plan to up their aust casino shared. The price they offer is very much higher then the market value... The purchase is still waiting approval

 

[Milo-Dino]

They plan to up their aust casino shared. The price they offer is very much higher then the market value... The purchase is still waiting approval

hmm.. meaning if the deal goes through, the price will drop somemore? or priced in liao?

$1.22 is important now

 

[liankai999]

support at 1.24-1.25. positive divergence on weekly chart. monthly chart shows long term bottom in. today's buy volume>sell volume. positive divergence on hourly charts. double bottom chart pattern.

 

[Milo-Dino]

support at 1.24-1.25. positive divergence on weekly chart. monthly chart shows long term bottom in. today's buy volume>sell volume. positive divergence on hourly charts. double bottom chart pattern.

Hi. Pls sic monthly chart on how you concluded the long term bottom is in. Trying to learn here

Thanks!

 

[compro_1975]

Back to 1.26 shall see in the next few days how this counter goes... Time to unload and load... How i wish the perfect storm is here

 

[rine5]

Does anybody know why Genting is rallying now (as much as 0.05 upside)?

 

[goenitz33]

no idea lol.. missed it.

its hard to trade when working -.-

 

[kebinu]

It's impossible to catch such rally by looking at the price movement. It's only tikam tikam. Sometimes get it only.

Tikam on Wilmar on similar chart pattern and will cry this morning.

 

[seabiscuit]

Does anybody know why Genting is rallying now (as much as 0.05 upside)?

Heard foreign hse upgrade genting, selling overdone and hedge funds short covering just now.

 

[Wood4]

Luckily I did not sell it 1-2 days ago.
Back to $1.31.

 

[athletic91]

Now it's 1.365... Lucky I average down few days back at 1.29

 

[spenchua]

Explosive activities on the counter today...anyone still waiting to get in??? boat leaving

 

[Mecisteus]

im just a few more bids to breakeven which i first bought from $1.70.

i guess many can say goodbye for waiting at $1.20 and below?

 

[goenitz33]

wow magic 1.365 now

 

[compro_1975]

wow magic 1.365 now

This stock really has lots of up and downs

 

[KiraX_19]

Can release them at 1.50?

 

[something]

吃了偉哥...