This blog is all about my passion for stocks and the companies that are in my watchlist. Trade with protect capital in mind. Monitor the companies profits and its chart. Let the profit runs..
Saturday, January 19, 2013
Genting eases above SMA 200
Positive Patterns spotted in Genting chart recently:
1. Two bullish engulfing candlesticks. One below SMA and another right above it, supporting the stock price at 9.60.
2. Doji sign with high volume, (consider as doji as it's only 1 cent difference) closing at 9.80 resistance. Heavy resistance spotted, break this level.. it's good to go!
3. Nice wave UP!
4. MACD uptrend intact.
5. Stock price eases up above SMA 200 on 7/1/2013 with strong white candle, showing strength.
On 17/1/2013, 520 queue spotted! 520 in chinese means "I love you". Google it!
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GENTING (3182)
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