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Genting Sing    Last:0.59   -

GenSp starts to move up again

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matrixneo
    13-May-2010 09:02  
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very very active start....possible end 1.1 *cross fingers*
 
 
iPunter
    13-May-2010 06:37  
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Today is another 'milestone' day for this counter...

And one can be sure and bet with the best odds that all...

Ah peks, ah sohs, tai-tais and above all, the professional fund managers...

Will be focussing their attention on this baobei... Smiley


 
 
OO123123
    13-May-2010 00:54  
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hi low chia,

no offence ya...it seems that the chart for fibo a bit different from my understanding.

the dwntrend fibo, the 100%=1.32, 0%=0.0.835 ...( pls refer URL    http://www.forexfibonacci.com/?page=2   )

the top & bottom are different bcz i take the shadow into consideration rather only the body.

so i will see that gen sp is testing the 200MA, need real push for it to go above.

then imediate resistance seen as 1.02/1.08/1.14.....

only my humble opinion for sharing purpose.

hehe..cheers..



lowchia      ( Date: 12-May-2010 22:11) Posted:



Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.
Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)


SEE CHARTS HERE


We would recommend selling Genting tomorrow if the report does not thrill the market.

Selling once earning report is the current trend now! Based on the recent rally of Genting, the expectation from investors must be high.

 Just my 2 cents for all expert's reference.


 



 

 
babyboymi
    13-May-2010 00:34  
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i agree with u, and totally dun agree with lowchia

sinetic8      ( Date: 12-May-2010 22:47) Posted:

for me right, once the q1 reports are out and it's positive news, means holding their stocks for long term will be like a better investment. rather than previously, we investors simply have no idea whether they are profitable or seeing red.

Cheers Genting! all the way!



lowchia      ( Date: 12-May-2010 22:11) Posted:



Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.
Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)


SEE CHARTS HERE


We would recommend selling Genting tomorrow if the report does not thrill the market.

Selling once earning report is the current trend now! Based on the recent rally of Genting, the expectation from investors must be high.

 Just my 2 cents for all expert's reference.


 




 
 
iPunter
    12-May-2010 22:56  
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GentingSp may still have some distance to go on the present leg...Smiley
 
 
sinetic8
    12-May-2010 22:47  
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for me right, once the q1 reports are out and it's positive news, means holding their stocks for long term will be like a better investment. rather than previously, we investors simply have no idea whether they are profitable or seeing red.

Cheers Genting! all the way!



lowchia      ( Date: 12-May-2010 22:11) Posted:



Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.
Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)


SEE CHARTS HERE


We would recommend selling Genting tomorrow if the report does not thrill the market.

Selling once earning report is the current trend now! Based on the recent rally of Genting, the expectation from investors must be high.

 Just my 2 cents for all expert's reference.


 



 

 
iPunter
    12-May-2010 22:43  
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Uncle AK isalready "in the money" (well ahead in the profit zone)...

So he can afford to 'slacken' a bit...

hehehe... Smiley
 
 
iPunter
    12-May-2010 22:40  
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But your post looks okay to me...

It is quite professional...

Unlike mine, at least......

hehehe... Smiley



lowchia      ( Date: 12-May-2010 22:34) Posted:



To AK

Not Sifu la....hahaha

Just a newbie trying to play stocks.

Any comments will be welcome!!







 
 
lowchia
    12-May-2010 22:34  
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To AK

Not Sifu la....hahaha

Just a newbie trying to play stocks.

Any comments will be welcome!!






 
 
AK_Francis
    12-May-2010 22:14  
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Well said,sifu. Will Q 1.035 for lelong, if can x, hoe shei liao, if not 0.99 also no regret lah. Cheers.

lowchia      ( Date: 12-May-2010 22:11) Posted:



Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.
Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)


SEE CHARTS HERE


We would recommend selling Genting tomorrow if the report does not thrill the market.

Selling once earning report is the current trend now! Based on the recent rally of Genting, the expectation from investors must be high.

 Just my 2 cents for all expert's reference.


 



 

 
iPunter
    12-May-2010 22:14  
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Even if the news is great it may be the best time to unload onto the ecstactic 'lemmings'...

hehehe... Smiley


 
 
lowchia
    12-May-2010 22:11  
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Genting may have issues breaking the major resistance at $1.01 tomorrow if the earnings report does not excite the investors.
Currently Genting is holding at the Fibonacci Retracement of 61%, 100 days moving average and an important traditional/psychological resistance of $1.01.

Today Genting has already demonstrated this ridge task by having long upper shadow and close at $1.01 though the VOL is high with 0.27 Billion shares traded (3 times average vol)


SEE CHARTS HERE


We would recommend selling Genting tomorrow if the report does not thrill the market.

Selling once earning report is the current trend now! Based on the recent rally of Genting, the expectation from investors must be high.

 Just my 2 cents for all expert's reference.


 


 
 
AK_Francis
    12-May-2010 20:59  
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Ha ha, dun mention lah, though heart feels good. Small timer only lah. Cheers for all the supporters. Hope 明 天 会 更 好。

PS. Could be a good lesson for the newbies, be experienced n vigilant loh, take time to acc such cap.



iPunter      ( Date: 12-May-2010 20:39) Posted:



With the good profits, Uncles AK's money bag must be too heavy to pull  now...

Need to drink Carlesberg before pulling it all the way home...

hehehe... Smiley

 
 
iPunter
    12-May-2010 20:39  
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With the good profits, Uncles AK's money bag must be too heavy to pull  now...

Need to drink Carlesberg before pulling it all the way home...

hehehe... Smiley
 
 
AK_Francis
    12-May-2010 20:01  
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Wah, thats a good one. Whole pm at kopitiam meeting de people session. Ds burger surged above 1, splendid loh. Cheers.
 

 
sinetic8
    12-May-2010 19:39  
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do u guys think genting going to call for rights after their 1q tmr?

nowadays nv see analysts give their "bs" analyse liao. all seemed so quiet from them. lol.
 
 
E-war
    12-May-2010 19:14  
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Chiong quite a bit today.
 
 
iPunter
    12-May-2010 19:11  
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That's easy money...

hehehe... Smiley


 
 
machineoperator
    12-May-2010 19:04  
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Wow just got back from shopping n realized Genting SP already hit above $1.00 ..... Congrats to those long on this counter. At least I can have my wanton noodle upsize the next few days ... yum yum.... Smiley
 
 
iPunter
    12-May-2010 17:33  
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The rumours good were already out two week ago...

So prices rose till now...

Now good news is for good fat profits... Smiley



niuyear      ( Date: 12-May-2010 17:18) Posted:

The rumours not necessary be bad ones, news not necesary be good ones too.   hahaha!

So, can sell on rumours, buy on news also.   lol!



iPunter      ( Date: 12-May-2010 17:08) Posted:



What happened to

"Buy on the rumour, Sell on the good news"? Smiley




 
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