Genting Sing    Last:0.76   -

GenSp starts to move up again

how is today a hammer? and what is the flag pole theory, i have not read about it before. share? but what is the time frame for 3.8?

BullishTempo      ( Date: 20-Oct-2010 21:41) Posted: Technical expert !!   Bintang      ( Date: 20-Oct-2010 21:31) Posted: Genting SP has already set -off  last month inverted hammer with a long white bullish candle today . Directional movement index are positively placed , n ADX is flat n is going to rise . Daily  RSI is at 69 while weekly n monthly RSI are both in over-bought positions . Stochastic oscillator n William % R are also showing positive signals ahead . After hitting new high at $2.18 on 20 Sep 2010 , Genting SP went into a minor correction n formed a bullish flag formation . It broke out of this formation on 1 Oct 2010 with huge volume . By measuring the flag pole distance , we could get the projection target at $3.80 .

 

i learn, but not very zhun. hit and run cases. tmr i going to wack my biggest stunt ever, 20 lots into MIT. if i succeed, i will most likely recoup my total losses during the lehmen brothers crisis. i started fundamental and penny trading on speculations on 2007. candlestick only start of this year. charting indicators mid year. now emulating bullish, but still donno how he thinks and analyze, so must attend his training.lol. only problem is limited funds, so wanna recoup losses quite hard. missed the chance to buy at 60 cents if not i recoup + earn like siao. now rise so much liao, unless i margin or contra, or else will take too long to recoup losses incurred.

icetomato      ( Date: 20-Oct-2010 21:07) Posted: Wah... You good leh.. New new only know all these.... I still quite blur like sotong lo... And lazy like pig haha... bladez87      ( Date: 20-Oct-2010 20:52) Posted: i am right! it really closed with a white marubozu candle!

 

STI declines 0.4% to 3,179.15 at closing

Tags: DMG & Partners | Genting Singapore Plc | Neptune Orient Lines | Noble Group | OCBC Investment Research | Osim International

WRITTEN BY BLOOMBERG

WEDNESDAY, 20 OCTOBER 2010 17:54

Share this  Digg  Del.icio.us  StumbleUpon  Netscape  Yahoo  Technorati  Googlize this  Facebook Export PDF Print E-mail Singapore’s Straits Times Index declined 0.4% to 3,179.15 at the close. Almost four stocks dropped for each that rose on the 30-member gauge. Shares on the measure trade at an average 15.6 times estimated earnings, compared with about 17.4 times at the beginning of the year, according to data compiled by Bloomberg.The following shares were among the most active in the market.    Commodity suppliers: The Reuters/Jefferies CRB Index, which tracks prices of 19 commodities from copper to corn, declined 1.9% yesterday in New York.   Noble Group (NOBL SP), a Hong Kong-based commodities supplier, fell 1.6% to $1.91. Olam International (OLAM SP), a Singapore-based supplier of agricultural commodities, decreased 2.2% to $3.17.   Genting Singapore Plc (GENS SP): Owner of one of two casino resorts in the city advanced 5.1% to $2.26, a record close. The company’s third-quarter earnings may positively surprise, Carey Wong, an analyst at OCBC Investment Research said. The results are expected to be announced on Nov. 12.   Neptune Orient Lines  (NOL SP), Southeast Asia’s biggest container carrier, climbed 3.4% to $2.13 after reporting third-quarter profit that beat estimates.   “Global trade is likely to remain firm next year and Neptune Orient will benefit from higher volumes and rates,” Alfred Low, an analyst at Philip Securities in Singapore, wrote in a note to investors today, raising his recommendation on the stock to “buy” from “hold.”   Osim International (OSIM SP), Asia’s biggest maker of massage chairs outside of Japan, advanced 3.8% to $1.09. The company said third-quarter profit increased 86% to $13 million from a year earlier. OCBC Investment Research raised its share-price estimate to $1.52 from $1.29, while DMG & Partners Pte increased its forecast to $1.57 from $1.32.

 

Technical expert !!  

Bintang      ( Date: 20-Oct-2010 21:31) Posted: Genting SP has already set -off  last month inverted hammer with a long white bullish candle today . Directional movement index are positively placed , n ADX is flat n is going to rise . Daily  RSI is at 69 while weekly n monthly RSI are both in over-bought positions . Stochastic oscillator n William % R are also showing positive signals ahead . After hitting new high at $2.18 on 20 Sep 2010 , Genting SP went into a minor correction n formed a bullish flag formation . It broke out of this formation on 1 Oct 2010 with huge volume . By measuring the flag pole distance , we could get the projection target at $3.80 .

 

Genting SP has already set -off  last month inverted hammer with a long white bullish candle today . Directional movement index are positively placed , n ADX is flat n is going to rise . Daily  RSI is at 69 while weekly n monthly RSI are both in over-bought positions . Stochastic oscillator n William % R are also showing positive signals ahead . After hitting new high at $2.18 on 20 Sep 2010 , Genting SP went into a minor correction n formed a bullish flag formation . It broke out of this formation on 1 Oct 2010 with huge volume . By measuring the flag pole distance , we could get the projection target at $3.80 .

 

well predicted too...

G.Gekko      ( Date: 19-Oct-2010 17:31) Posted: GSP looks primed for a breakout at 2.18.  If break with great volume, will try 2.25 at the least. If small or no volume, hope to close at least 2.18.   Note GLP is walloping a lot of liquidity in the market.    Pharaoh88 may be right on this. Waves coming up!  BullishTempo      ( Date: 19-Oct-2010 17:19) Posted: A likely low tomorrow could be 2.12 or 2.13, unlikely to go as low as 2.10, unless there is some bad news.

 

well predicted

BullishTempo      ( Date: 19-Oct-2010 17:19) Posted: A likely low tomorrow could be 2.12 or 2.13, unlikely to go as low as 2.10, unless there is some bad news.  fools_gold      ( Date: 19-Oct-2010 17:12) Posted: Then I hope there that would be a good chance to re-enter at 2.10 - 2.12 tomorrow.

 

Wah... You good leh.. New new only know all these.... I still quite blur like sotong lo... And lazy like pig haha...

bladez87      ( Date: 20-Oct-2010 20:52) Posted: i am right! it really closed with a white marubozu candle!

 

be careful. dun invest too much on new instruments which u are not familar with...start small

bladez87      ( Date: 20-Oct-2010 20:54) Posted: although nothing compared to what you guys have, but well it is my everything. haha. i still have not played margin nor contra yet. tmr going to contra on MIT though. CBClow      ( Date: 20-Oct-2010 20:04) Posted: wow...cool...good luck..

 

although nothing compared to what you guys have, but well it is my everything. haha. i still have not played margin nor contra yet. tmr going to contra on MIT though.

CBClow      ( Date: 20-Oct-2010 20:04) Posted: wow...cool...good luck... bladez87      ( Date: 20-Oct-2010 19:40) Posted: everything i have is inside genting. my whole savings. i have 7 lots!

 

i am right! it really closed with a white marubozu candle!

 

plse do not compare a pariah with a thoroughbred!

 

I would like to see the days of VDH on this counter. It was THE darling those days.

 

 

In today's Business Times: RWS to offer training, internship, jobs to poly students. Under a memorandum of understanding between RWS and 5 polytechnics in Singapore this is now available to all 75,000 students of the 5 Singapore polytechnics. This is another example of the astuteness of the management of RWS. Thro this its manpower requirement is firstly trained and then later added on as permanent employees later.Tell me ... which other company/group can do this? Now do u still begrudge the premium that Baobei's share price commands in the market?

 

wow...cool...good luck...

bladez87      ( Date: 20-Oct-2010 19:40) Posted: everything i have is inside genting. my whole savings. i have 7 lots! CBClow      ( Date: 20-Oct-2010 19:39) Posted: u have not sell? How much is enough? U sounds like some big big players who throw all their money inside...coo

 

Seems like after every long white candle, there is always a black candle the next day based on the below chart.

Will GSP get a black candle tmrw ?

pharoah88      ( Date: 20-Oct-2010 19:53) Posted:

 

Hi Pharoah expert,

 

analyst report 2.38 max.  what is your target price ?

 

 

guess i miss the show today, too busy with work.....

lost opportunity to make $$$$$$$

Raptor22      ( Date: 20-Oct-2010 18:48) Posted: I will try to break Pharoah's code with a hint: 2-38 on 22.10.2010    pharoah88      ( Date: 20-Oct-2010 17:43) Posted: 20 10 2010 TARGET  ROADMAP  2010 S$2.38  [22.10.2010 Friday]  > > > S$2.48  > > > S$2.68  [nOv 2010] S$2.88  > > > S$3.18  [Year End] S$3.38  [Chinese New Year]

 

everything i have is inside genting. my whole savings. i have 7 lots!

CBClow      ( Date: 20-Oct-2010 19:39) Posted: u have not sell? How much is enough? U sounds like some big big players who throw all their money inside...cool bladez87      ( Date: 20-Oct-2010 19:37) Posted: pls dont come down. i vested enough to continue watching it climb. lol