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
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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