Wednesday, November 4, 2015

Genting Sing: Attempting a breakout above 0.85 as mentioned ?

Now at 0.85, Let’s see if this plays out, Congrats to those who are already in the money accumulating past few days….

Sent: Thursday, October 29, 2015 10:11 AM
Subject: ******* Genting Sing: Consolidating after breakout still, short term uptrend intact above 0.81, price 0.825
Following up from previous breakout call, Genting Sing has hit a high of 0.845 before some profit taking. We are still seeing Genting Sing consolidate within the 0.81 to 0.85 range for the past week. Short term uptrend still intact above this 0.80 – 0.81 resistance turned support level with 20 day MA still sloping and lending support. MACD momentum indicator still trending upwards with more room to the rally likely above 0.81. Those who have taken profit on the previous move can consider entry again as long as support holds for a potential breakout above 0.85 further. Target would then be to 0.90 then 0.97 as mentioned.

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