REPOST ******************* GuocoLeisure: Consolidating in wait of upside breakout ? Now 1.11.

Following up from previous BUY calls below, GuocoLeisure has again broken up further after each consolidation.

What do you guys think ?

Sent: Wednesday, May 28, 2014 9:40 AM
Subject: REPOST ******************* GuocoLeisure: Consolidating in wait of upside breakout ? Now 1.11.

Have broken 1.10 resistance again, can consider averaging up to target of 1.20, raise stop loss to 1.07 now.

Sent: Wednesday, May 21, 2014 1:08 PM
Subject: REPOST ******************* GuocoLeisure: Consolidating in wait of upside breakout ? 1.00 resistance critical ! (REPOST - Now at 1.02.)

Have broke the Critical 1.00 RESISTANCE today, more upside possible from here, target to 1.10 first as mention previously.

Sent: Thursday, May 08, 2014 11:07 AM
Subject: ******************** GuocoLeisure: Consolidating in wait of upside breakout ? 1.00 resistance critical ! Now at 0.965

Follow up from Previous BUY CALL: http://singaporetradinginsights.blogspot.sg/2014/04/guocoleisure-potential-breakout-play.html

Guocoleisure has indeed hit a high of Critical 1.00 resistance but has failed to break above it successfully. Trading range has been from 0.955 to 1.00 for more than 2 weeks already. Likely to continue to consolidate within this range before more upside seen on the clear breakout above 1.00 as mentioned previously. Target would then be to 1.10. Can consider accumulating on dips above the 0.95 to 0.955 support as long as these supports hold. However any breakdown below 0.95 can see it dip to 0.91.