Tuesday, December 16, 2014

******************** Genting SP: Bearish Double top pattern spotted, breaking below 1.08 again would not be positive, price 1.08, CFD SELL on this. (NOW 1.05 !!!)

Cfd SELL Calls for Genting sp last Friday AND the week before !!!! were you aware ? NOW 1.05 !!


Sent: Friday, December 05, 2014 9:22 AM
Subject: ********************* Genting SP: Bearish Double top pattern spotted, Back to support level at 1.10, breaking below again would not be positive, price 1.095
For the past 2 weeks, Genting SP has been trading sideways from 1.10 to 1.15-1.16 resistance level. Did not manage to break above the 1.15 – 1.16 levels convincingly. Seems like a double top pattern spotted at the 1.15 level which can suggest some weakness still back to 1.00. Any throwing at 1.09- 1.095 at buyers would not be good. This support also coincides with the 20 DAY MA LINE. MACD and Stochastic looking at a bearish crossover with more downside likely if 1.10 does not hold. Cautious long, CFD SELL to ride any downside.

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