Wednesday, December 7, 2016

Genting Sing: May be attempting a firm move above 1.00 soon, price 1.005 - No EXITS on system

We are starting to see some strength in Genting with it attempting to make a move above the key 1.00 resistance level.

Has been consolidating from 0.94 to 0.99 for more than 2 weeks and some actions see today at a new recent high at 1.01.

Any distinct price action above this level can see us taking long positions for the upside to continue further after this minor consolidation with target to 1.05 then 1.08 next.

Uptrend is still looking good above 0.94 with buyers coming back on each slight dip so far, let’s see.

Apart from recent emails sent…

From my system, just to share that we had a 1ET BULLISH SIGNAL on 4th NOV 2016…..

Entry price at 0.86 and there are still NO EXITS yet….

PTI Graduates can check to see when the signal will come out if still holding….   Congrats...

For illustration purpose only


Recent Emails:

Sent: Tuesday, November 29, 2016 9:19 AM
Subject: ****** Genting Sing: Back to consolidation support for now, price 0.945, could be a rebound back up again, need a plan though

Sent: Tuesday, November 22, 2016 9:48 AM
Subject: ******* Genting Sing: Some profit taking seen near 1.00, but may still be good to go, price 0.975

Sent: Monday, November 21, 2016 9:20 AM
Subject: ********** Genting Sing: A breakout seen, may test 1.00 next, price 0.955

For illustration purpose only

No comments:

Post a Comment