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very very active start....possible end 1.1 *cross fingers*
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...
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.
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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.
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GentingSp may still have some distance to go on the present leg...
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.
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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...
But your post looks okay to me...
It is quite professional...
Unlike mine, at least......
hehehe... 
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!!
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To AK
Not Sifu la....hahaha
Just a newbie trying to play stocks.
Any comments will be welcome!!
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.
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|
Even if the news is great it may be the best time to unload onto the ecstactic 'lemmings'...
hehehe...
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.
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... 
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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...
Wah, thats a good one. Whole pm at kopitiam meeting de people session. Ds burger surged above 1, splendid loh. Cheers.
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.
Chiong quite a bit today.
That's easy money...
hehehe...
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....
The rumours good were already out two week ago...
So prices rose till now...
Now good news is for good fat profits... 
niuyear ( Date: 12-May-2010 17:18) Posted:
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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"? 
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