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Genting Sing
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GenSp starts to move up again
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eastcivic
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24-Aug-2010 11:09
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Hi! i thought that genting would start a correction yesterday but instead of a bear candle, a very bullish one appeared instead.... so perhaps yesterday was the start of another bull run for genting? BullishTempo and pharoah88, may i know where you get your charts from? i am trying to find sources for charts |
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BullishTempo
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24-Aug-2010 10:54
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I agree with you. But the BBs may be playing some tricks up their sleeves too. I stand by my rule, if EGM results positive and resistance price broken, I may consider to long.
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pharoah88
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24-Aug-2010 10:51
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I SENSE that LONG ACTION cOuld have started yesterday. because SECRETS KEEPING REGIME varies frOm cUltUre tO cUltUre . . . sOme hOw ? sOme tIme ? sOme where ? sOme bOdy ? cOuld have taken ADVANTAGE Of ? an ADVANCED bEnEfIt ? It is nOw jUst a PAUSE . . . tO get READY fOr the nEXT CHARGE . . . . . . . .
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BullishTempo
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24-Aug-2010 10:41
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Well yes, if you are a serious investor or trader then u should learn how to read charts and the indicators like RSI, Stochastics, MACD, Bollinger Bands, Williams and some others. Reading charts is the basics, learn how to identify resistance and support levels, and how to do fibonanci analysis to identify retracement levels. If you do not know what I am talking about, best you do not start investing yet otherwise you would have to bear the consequences.
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BullishTempo
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24-Aug-2010 10:39
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If you are right, then we should all go long today. But I would rather play it safe and wait 
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pharoah88
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24-Aug-2010 10:38
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In bOth SGX and KLSE hIstOry dId any EGM eVer fall thrOugh ? bOard wOuld nOrmally secUre enOugh PROXY VOTES In adVance eVen befOre annOuncIng the EGM ? SURE wIn strategy as UsUal ?
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BullishTempo
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24-Aug-2010 10:38
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Well yes, if you are a serious investor or trader then u should learn how to read charts and the indicators like RSI, Stochastics, MACD, Bollinger Bands, Williams and some others. Reading charts is the basics, learn how to identify resistance and support levels, and how to do fibonanci analysis to identify retracement levels. If you do not know what I am talking about, best you do not start investing yet otherwise you would have to bear the consequences. | ||||||||||||||||||
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BullishTempo
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24-Aug-2010 10:34
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Today's most important factor is the EGM results. Just be patient and wait for news to be out.
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starry1818
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24-Aug-2010 10:32
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Oic. Will it be good to go in at 1.56? Bullish tempo, can teach me how to assess when it's good time to take the ride and sell at the right time? Is it true that must attend the investment course to obtain their software application to do the stock analysis? Many thanks. |
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BullishTempo
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24-Aug-2010 10:21
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Today's resistance level is at 1.60 with 11 million shares to be sold. If this can be broken through, I will consider longing but upside seems limited. Cannot see a clear support level yet at this time. | ||||||||||||||||||
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starry1818
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24-Aug-2010 10:04
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Thanks Bullish Tempo for the info. :) | ||||||||||||||||||
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BullishTempo
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24-Aug-2010 09:57
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There are almost 5 times more sellers than buyers between the prices of 1.56 and 1.61. High risk to go long at this point. I exited at 1.58, now waiting for EGM results before deciding to long again.. or maybe short on negative news..... | ||||||||||||||||||
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pharoah88
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24-Aug-2010 09:43
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CHIEF PROXY wOuld already have mOre than enOugh SHARE QUANTUM tO VOTE fOr the SALE mOtiOn nOte: jUst lIke In sIngapOre EGM
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starry1818
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24-Aug-2010 09:43
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Now, the price has dropped. Not sure how much it will drop further. Just wondered whether it's safe to go in at 1.58. Pharoah88, are you trying to say that it will not go down to S$1.55 again? |
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pharoah88
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24-Aug-2010 09:38
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S$1.55 LOVE is OVER BYE
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aleoleo
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24-Aug-2010 09:22
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EGM ? vote for the genting m'sia to buy the UK casino from genting sg ????
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Joshua_0718
Member |
24-Aug-2010 09:14
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Go in at the price you are comfortable with. It's your money, your call |
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starry1818
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24-Aug-2010 09:11
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Hi there, am new to this. Any idea at what price should go in? Thanks for the advice. |
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BullishTempo
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24-Aug-2010 09:05
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Any idea what time Genting Malaysia will announce the results of their EGM today? | ||||||||||||||||||
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BullishTempo
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24-Aug-2010 09:02
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Market opening not very spectacular. Have to wait and see.... | ||||||||||||||||||
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