Genting Sing    Last:0.725   -

GenSp starts to move up again

when the band expands, you have to see where it is trending, UP or DOWN.  Until that happen, don't guess it must only go one direction.  Good Luck!

OO123123      ( Date: 05-Apr-2010 21:18) Posted: tighter range? do u mean the bolinger band is necking? but form the cahrt then candle still sit below mid band...which means ..if the band expand....likely the candle gonna slip downwards.. pls advise.. WLBO_BB      ( Date: 05-Apr-2010 19:01) Posted: it is usally quiet before a storm.... meaning there will be a break out for genting... up or down depend on individual...

 

wave a down, wave b up (now), wave c down (coming)..... short all u can.....

 

wow, so technical.  hmmm

 

It refers to the short-term tight consolidation, but not  the usual Bollinger-type trading range, which lasts much longer...

Probably tomorrow or the day after should see the breakout...

 

tighter range? do u mean the bolinger band is necking?

but form the cahrt then candle still sit below mid band...which means ..if the band expand....likely the candle gonna slip downwards..

pls advise..

WLBO_BB      ( Date: 05-Apr-2010 19:01) Posted: it is usally quiet before a storm.... meaning there will be a break out for genting... up or down depend on individual.... babyboymi      ( Date: 05-Apr-2010 15:41) Posted: dun quite understand, could u explain more on this?

 

My take is, for mid-term, this one can drop down to 70c...

 

let me hazard a guess.  he is saying genting will do a drastic movement pretty soon because tightening of bollinger band.  which direction?  im betting upwards because stochatic is at under 20% looking to go upwards, macd seems to be turning/crossover and last price decline done on lower volume.  only thing is adx not showing signal.  my usage of jargon may be off but im pretty sure im right on genting moving upwards soon.  so tomolo will buy some.  put money where mouth is

babyboymi      ( Date: 05-Apr-2010 15:41) Posted: dun quite understand, could u explain more on this? iPunter      ( Date: 05-Apr-2010 15:22) Posted: GentSp is at a most exciting stage right now... The tighter the range now, the better will be the subsequent  move away ...  Great stock behaviour so far...

 

With today's bar, the inverted cup's handle is much clearer now...

If tomorrow's high remains @.90, then things are going to be interesting on the down side.

That is provided it does not trade @.905./.91 tomorrow...

If the break downward truly happens, then this example can be a record of the usefulness of this chart pattern...

I am hoping for it to fall 6c (in one day)...

 

it is usally quiet before a storm.... meaning there will be a break out for genting... up or down depend on individual....

babyboymi      ( Date: 05-Apr-2010 15:41) Posted: dun quite understand, could u explain more on this? iPunter      ( Date: 05-Apr-2010 15:22) Posted: GentSp is at a most exciting stage right now... The tighter the range now, the better will be the subsequent  move away ...  Great stock behaviour so far...

 

dun quite understand, could u explain more on this?

iPunter      ( Date: 05-Apr-2010 15:22) Posted: GentSp is at a most exciting stage right now... The tighter the range now, the better will be the subsequent  move away ...  Great stock behaviour so far...

 

GentSp is at a most exciting stage right now...

The tighter the range now, the better will be the subsequent  move away ...

 Great stock behaviour so far...

 

I have to agree with you  whole-heartedly...

hehehe... 

niuyear      ( Date: 05-Apr-2010 13:14) Posted: The new breeds of 'multi-millionaires' are up and coming, like China yao ming,,,,,etc....those 'millionairs who 'pok' during lehman brothers and subprime crisis, must give way to these new comers .    :) iPunter      ( Date: 03-Apr-2010 20:13) Posted: Don't forget that those plans were made on the assumption that the roaring economy before the great big world meltdown will continue roaring... But now, the effects of that great big meltdown (in which many millionaires became "pok!"), the world is now a different...

 

For those who stepped into bull-trap before may understand the feeling, especially in Genting Singapore counter.  Big BBS like to push the price up and run after they sell out to the retail buyers, all we can do is to wait until durian drop to get break-even.  The fact is, the retail buyers also act slower than the BBS in term of buying and selling shares... 

KannaSze      ( Date: 05-Apr-2010 13:14) Posted: Be aware of a possibility of a double-top for STI.    this will then be a bull-trap. freshmind      ( Date: 05-Apr-2010 12:34) Posted: Region share markets are good today but feel no interest to buy in, afraid downtrend or big correction in near future after recent rally.  Everyone hopes to earn big money and a lot of people stuck there.  So many different counters' shares on hands, just hope to clear some of each as long as reach the break-even price...

 

The new breeds of 'multi-millionaires' are up and coming, like China yao ming,,,,,etc....those 'millionairs who 'pok' during lehman brothers and subprime crisis, must give way to these new comers .    :)

iPunter      ( Date: 03-Apr-2010 20:13) Posted: Don't forget that those plans were made on the assumption that the roaring economy before the great big world meltdown will continue roaring... But now, the effects of that great big meltdown (in which many millionaires became "pok!"), the world is now a different...

 

Be aware of a possibility of a double-top for STI. 

 

this will then be a bull-trap.

freshmind      ( Date: 05-Apr-2010 12:34) Posted: Region share markets are good today but feel no interest to buy in, afraid downtrend or big correction in near future after recent rally.  Everyone hopes to earn big money and a lot of people stuck there.  So many different counters' shares on hands, just hope to clear some of each as long as reach the break-even price...

 

If your stuck shares you are holding can reach the break-even,

in other word it is on the uptrend.. Cheers and good luck.

freshmind      ( Date: 05-Apr-2010 12:34) Posted: Region share markets are good today but feel no interest to buy in, afraid downtrend or big correction in near future after recent rally.  Everyone hopes to earn big money and a lot of people stuck there.  So many different counters' shares on hands, just hope to clear some of each as long as reach the break-even price...

 

Region share markets are good today but feel no interest to buy in, afraid downtrend or big correction in near future after recent rally.  Everyone hopes to earn big money and a lot of people stuck there.  So many different counters' shares on hands, just hope to clear some of each as long as reach the break-even price...

 

For today, even 88c is a STRONG BUY!

KannaSze      ( Date: 05-Apr-2010 11:03) Posted: this is too far away; I am expecting a small range for today or tomorrow.  DO you know what is average pricing??  iPunter      ( Date: 05-Apr-2010 10:23) Posted: An intermediate buy-in .845 for a 2-3-day play will be nice ...

 

this is too far away; I am expecting a small range for today or tomorrow.  DO you know what is average pricing?? 

iPunter      ( Date: 05-Apr-2010 10:23) Posted: An intermediate buy-in .845 for a 2-3-day play will be nice ...

 

No catalyst.

babyboymi      ( Date: 05-Apr-2010 10:52) Posted: typo,--  most possible babyboymi      ( Date: 05-Apr-2010 10:51) Posted: but most impossible, downtrend, right