Sunday, December 27, 2009

Genting Singapore

Somebody ask me what is the trend of Genting Singapore. Well, Gen Sin after broke out from the trend line on 16/12/09, it goes as high as 1.19 before consolidates around 1.17. The volume started to decrease and the price well supported above 1.16. The trend is side way right now until the next break up or break down. If it breaks out 1.21, the price will go higher. However if it breaks down 1.13, it should find a strong support at Fibo 61.8% which is equal to the stock price 1.09. Please refer to the chart below.

If you wish to know any stock in USA(NYSE/Nasdaq/Amex), Singapore or Hong Kong, please email to me. I will public here as well.