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Genting Sing
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GenSp starts to move up again
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cashiertan
Elite |
23-Aug-2012 15:59
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was busy monitoring other counters hence my goodness didnt manage to notice its climb. it sneak past my windows. guess will have to reduce the counters i monitor to within 10 counters or 7 from the current 15 counters.
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cashiertan
Elite |
23-Aug-2012 15:57
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8 aug 2012 post early enough? cant stand some ppl who post here trying to predict the stocks movement. when correct very wayang highlight. when wrong just keep quiet. if one seriously wanna make a joke out of you, just dig their previous post to see if they are real substances or just wayang. no point post on so many counters and frickle between bullish and bearish so many times. stocks dun turn bullish and bearish within such a short time. if you think you are those ppl i tok about, dun worry i dun hate you just that you need to be more humble. I personally have no course to teach, no students to recruit, no products to sell and no ego to push up (maybe abit lol). like woman wear push up bra. when remove liao the real deal are shown. as SJ dun allow edit of post hence just dig your history threads can know all your previous call. the reason i post here is to use this forum as my trade journals and try help people see a different light from what the market gossipers are shouting about. everyone is learning so yeah lets make this forum a productive place for trading learning and sharing of useful and constructive information.
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wesely2k
Veteran |
23-Aug-2012 15:37
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Testing 1.40...........Mad Horse. |
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chartreader
Senior |
23-Aug-2012 14:24
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Genting SP is approaching support turn resistance area 1.42-1.46. Observing reaction in this area will give a good clue where it will head next. | ||||
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TradeChancellor
Veteran |
23-Aug-2012 12:05
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For pullback, $1.31 is a plausible support $1.28 is another support. These 2 supports are however, relatively weak... | ||||
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hello123
Senior |
23-Aug-2012 12:00
Yells: " google ' sgx swinger ' - for how stock operators work " |
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nice article on kepcorp , genting , ezion , tigerair etc see http://sgxswinger.blogspot.sg/ | ||||
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cashiertan
Elite |
23-Aug-2012 11:46
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wanted to entered genting and sakari today but hold back because overall market is due for correction. | ||||
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cashiertan
Elite |
23-Aug-2012 11:43
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my price of entry and exit is determine by the market hence you never see me post my tp and sl. TP and SL are guideline to me.
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TradeChancellor
Veteran |
22-Aug-2012 16:27
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Genting has not closed above the 20ma since 9May this year until the last 4 days, starting to cross at 15Aug. Resistance now seem to be the 100ma at ~$1.36. Will be bullish if it can stay above the 20ma and cross the 100ma. | ||||
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oldflyingfox
Master |
22-Aug-2012 15:35
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Mind to share at what price? | ||||
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cashiertan
Elite |
22-Aug-2012 12:43
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short term bullish, waiting for retracement for entry. unless stil doing reversal... | ||||
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stockmarketmind
Master |
21-Aug-2012 11:31
Yells: "stockmarketmindgames" |
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I am sharing my views on genting tonight, interested parties can sign up for free. http://stockmarketmindgames.blogspot.sg/2012/08/genting-suckers-play.html |
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TradeChancellor
Veteran |
20-Aug-2012 21:15
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The $1.48 region is a strong support/resistance, good to sell if reaches that point.. but once it goes up beyond that point, can accumulate again as the resistance will now be the resistance. That region is strong and cuts both ways.... | ||||
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oldflyingfox
Master |
20-Aug-2012 18:59
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Agreed! My TP is 1.48 but will see about the run goes. | ||||
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heavenknow
Member |
20-Aug-2012 18:58
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Yes singapore will try to be seen preventing the locals from gambling too much. But it will not want both casino to fail, its part of their plan to promote sg as a tourism hub. They might start approving more junkets as they pull in big fishes to gamble. Bidding for australia's casino is to have more presence in regional gambling scene. A good move by genting if it does succeed. Long term is still long for genting.
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JustinQuek
Veteran |
20-Aug-2012 18:57
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Just remember not to cover when ppl keep shouting short genting.It means their short positions not covered. Normally will shout alot when goes unexpected direction after results .Like 10 cents rise from 1.25 to 1.35.When ppl start shouting buy buy .Also dont cover. Wait a while.Wait until short covering When all are bullish. Take profit for long. Long Genting as BBs will protect their long positions and ensure it doesnt go below their agreed value. Upon Consolidation of a bit -2 cents etc. Will go up again . As BBs will start next wave. Same like Noble drop few cents then rise again. Healthy Consolidation in play.BBs will only distribute what they have aggressively bought at higher levels .This can be done by very likely pump more cash to bring it up to that level . Selling after a short run up is like...well like buffett saying. Selling a winning stock ...and u dont want to do that at the early stage
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oldflyingfox
Master |
20-Aug-2012 18:18
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below $1? I will be happy to buy and keep it as I think it will become another blue chip company earning above S$1 billion in a few years time. And shorting it now is too risky as it has just turn up with strong volumn, you should only short only when it start to come down. I'm trading for short term but will go for long in longer term. |
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timebomb2012
Member |
20-Aug-2012 17:55
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Genting Sp will fall below 1.00 by this year. 1. Genting boss want share price to fall so that they can buy back at cheap price. Why genting sp want to buy casino in australia ? they should instead go to bid upcoming IR in Tiawan and Russia. 2. Legoland and Garden in the bay open. it will affect tourist go to RWS. 3. Singapore gov will implement a lot of measure to prevent local people go to casino. ****SHORT Genting sp, TP 0.90 **** |
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oldflyingfox
Master |
17-Aug-2012 16:56
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Thanks for the sharing, I'm still learning and have placed stop loss if things don't the way I planned. To answer your question on 26 July that day, I will not go in at all for trading purpose as there is no sign of bottoming then.
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Greenbean
Senior |
17-Aug-2012 09:49
Yells: "Live green. Let it be GREEN." |
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Thankyou sifu u r theone for your Stop Loss sharing. Other sifu sharing too? I have flexible Stop Loss (between 1% to 10%) depending on Counter and Market sentiment. |
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