Genting SP - a breakout call spotted previously 2 weeks back, followed by a series of accumualte buy calls, now at 1.055, more upside?

Let’s see if it crosses 1.10 by this week ? Did you join us to profit ?

Sent: Tuesday, April 21, 2015 10:53 AM
Subject: *********************** Genting SP - Forming new high as it heads toward 1.10? price 1.04

Have formed a new high at 1.045 today again. So far has been consolidating slowly upwards as it pushes higher, lets see if it can break above 1.05 which will see more momentum taking it to 1.08 – 1.10 fast in the short term. Volume still strong as it trades upwards forming new highs. MACD indicator has shown a bullish crossover with more room to go it hits positive territory.

Sent: Monday, April 20, 2015 9:29 AM
Subject: ************************ Genting SP - Still positive above 1.00 now, price 1.035

Genting can still be good to go above the 1.01 – 1.02 new support now, has been trading higher since breaking above the 1.00 psychological resistance level. Clearing of 1.04 – 1.05 sellers would lead to more strength again. 20 DAY MA line still reversing upwards firmly and at current levels has just crossed above the 100 day MA line too which can signal a trend change. Can consider accumulating on dips above 1.00 – 1.01 as long as this support holds to ride the upside further. Stop loss at 0.985.

Sent: Friday, April 17, 2015 9:50 AM
Subject: ************************* Genting SP - Still positive above 1.00 now, price 1.025

Following up from last Friday’s call, Genting SP has indeed staged a breakout after our call in the morning. Has since consolidated from 1.00 to 1.035 for about a week. More actions see again today as it clears above the temp resistance again. Target to 1.10 upon clearing above 1.05. MACD indicator has shown a bullish crossover with more room to go it hits positive territory. 20 day Ma line also reversing firmly at the moment. As long as 1.02 – 1.025 holds as the new support, still more upside as it trades to find a new recent high each day. Top 10 volume seen today as it breaks higher a positive step.

Sent: Friday, April 10, 2015 9:05 AM
Subject: ****************************** Potential Breakout: Genting SP - Next resistance at 1.00 critical. price 0.985

Genting SP has closed above the 0.97 immediate resistance yesterday and today we have seen it trade higher on top 10 volume. May start to head towards 1.00 where it will attempt a breakout. Any clearing of 1.00 to 1.005 level can open the way to new upside to 1.04 then 1.10 in the short term as it closes the gap. All 3 indicators are trending upwards with MACD momentum indicator coming back above zero finally, which signal that momentum can continue, especially if it clears the 1.00 critical psychological resistance. Can average up if that occurs to ride the upside further with stop loss at 0.985. Let’s watch. Support would at 0.96 – 0.97 now.