Genting Sing    Last:0.73    -0.01

GenSp starts to move up again

still bluff small kids....

1.55 you will let go already.

 

Rebound is on the way...... go go go $2... lol

 

As long as you are playing objectively by a chart,

    and not by your 'great fundamentals' stand,    

                your play should be all right... 

Bopanha      ( Date: 24-May-2012 14:24) Posted: Sometimes I sold at a loss to buy cheaper if I think the counter has failed moving up. iPunter      ( Date: 24-May-2012 14:19) Posted: oic... you are a bullish investor.     I only though one can invest both directions... lol...

 

Sometimes I sold at a loss to buy cheaper if I think the counter has failed moving up.

iPunter      ( Date: 24-May-2012 14:19) Posted: oic... you are a bullish investor.     I only though one can invest both directions... lol...   Bopanha      ( Date: 24-May-2012 12:54) Posted: Because these stocks followed bad sentiments but never pick up on good news.  So they should be avoided unless you want to buy and hold at a loss waiting for it to rock bottom which will take several years.  So my view is avoid Genting Sp and avoid Noble Grp unless you are thinking of short selling them should they failed to respond to mild closing hour rally in Wall Streets.

 

It may turn out to be a good play.

    But anyway, all is betting. I am waiting to long @1.38... lol...

rotijai      ( Date: 24-May-2012 13:51) Posted: why s after it has dropped quite a bit ? :/ susan66      ( Date: 24-May-2012 12:43) Posted: Really can cheong? I just shorted $1.515 this morning.

 

oic... you are a bullish investor.

    I only though one can invest both directions... lol...  

Bopanha      ( Date: 24-May-2012 12:54) Posted: Because these stocks followed bad sentiments but never pick up on good news.  So they should be avoided unless you want to buy and hold at a loss waiting for it to rock bottom which will take several years.  So my view is avoid Genting Sp and avoid Noble Grp unless you are thinking of short selling them should they failed to respond to mild closing hour rally in Wall Streets. iPunter      ( Date: 24-May-2012 10:41) Posted: All stocks are good for betting, so why avoid any stock?... lol...

 

why s after it has dropped quite a bit ? :/

susan66      ( Date: 24-May-2012 12:43) Posted: Really can cheong? I just shorted $1.515 this morning.

 

Because these stocks followed bad sentiments but never pick up on good news.  So they should be avoided unless you want to buy and hold at a loss waiting for it to rock bottom which will take several years.  So my view is avoid Genting Sp and avoid Noble Grp unless you are thinking of short selling them should they failed to respond to mild closing hour rally in Wall Streets.

iPunter      ( Date: 24-May-2012 10:41) Posted: All stocks are good for betting, so why avoid any stock?... lol...  Bopanha      ( Date: 24-May-2012 10:38) Posted: If by today's close, and Genting Sp. refuses to make two to 3 cents gain, then this counter should be avoided for life, really no point playing into their hands.  If one has to be avoiding Genting, also avoid Noble Group as these two are brothers of the Sgx markets. Lol...

 

Really can cheong? I just shorted $1.515 this morning.

 

Cheong la....

 

All stocks are good for betting, so why avoid any stock?... lol... 

Bopanha      ( Date: 24-May-2012 10:38) Posted: If by today's close, and Genting Sp. refuses to make two to 3 cents gain, then this counter should be avoided for life, really no point playing into their hands.  If one has to be avoiding Genting, also avoid Noble Group as these two are brothers of the Sgx markets. Lol...

 

If by today's close, and Genting Sp. refuses to make two to 3 cents gain, then this counter should be avoided for life, really no point playing into their hands.  If one has to be avoiding Genting, also avoid Noble Group as these two are brothers of the Sgx markets. Lol...

 

On Wednesday, Genting SP re-tests the support at $1.505 and closed at $1.505 with HIGH volume of 37.84 million shares traded.

A falling window occurred (where the bottom of the previous shadow is above the top of the current shadow).  This usually implies a continuation of a bearish trend.  There have been 3 falling windows in the last 50 candles–this makes the current falling window even more bearish.

RSI & MACD are bearish though RSI in oversold region.

Currently prices are well below 20/50/100/200 days MA.

Immediate Resistance of Genting SP: $1.565

Immediate Support of Genting: $1.505

Genting SP has clearly ..........    READ MORE

 

 

To hold or not to hold, are simply bets... All is betting...  

susan66      ( Date: 23-May-2012 18:28) Posted: Thanks for the analysis, should have just hold on to my shorts. Bintang      ( Date: 23-May-2012 18:06) Posted: Keep on going down

 

Thanks for the analysis, should have just hold on to my shorts.

Bintang      ( Date: 23-May-2012 18:06) Posted: Keep on going down . Bintang      ( Date: 22-May-2012 10:30) Posted: Genting SP reached $1.80 in late October 2011after it created a weekly hammer $1.42 in the first week of October2011 .It came down fast in the following month to reach $1.46 . And from there it went up to form a rising wedge which ended in May 2012 . Breaking the bearish rising wedge it may to test lower low .

 

Keep on going down .

Bintang      ( Date: 22-May-2012 10:30) Posted: Genting SP reached $1.80 in late October 2011after it created a weekly hammer $1.42 in the first week of October2011 .It came down fast in the following month to reach $1.46 . And from there it went up to form a rising wedge which ended in May 2012 . Breaking the bearish rising wedge it may to test lower low .

 

Stocks are neither 'good' nor 'bad'... stocks are simply stocks.  

 

 

But if you had shorted at the peak, you will say it is a good stock... . 

pcxiao2008      ( Date: 23-May-2012 17:07) Posted: genting really lousy stock..

 

I like lousy stock....  Just all in to long..... Tmr will be judgement day... lol

 

genting really lousy stock..