Advice on Technical Analysis on SGX Stocks, how to trade it with japanese candlesticks..and trade with other parameters to gauge the direction of a particular stock if it is uptrend or downtrend..Of course this is only my personal view with disclaimer on my website. "To check Disclaimer, it is on the left top of the website here"

Thursday, February 18, 2010

Genting, any latest news that make it drops so much?

Genting, do you think it is the right time to enter?

Personally, I will still wait till the time is ripe as Black Marubozu happened last 2days with huge volume , selling pressure was there but definitely will get in again when the time is right.. Current price stands at 0.95. I believe past few days has wiped out those contra players who can't hold the stocks well...

Let's see what happens next to Genting which has been the top volume for the past few days.. Definitely a BB play.

SOBAYOR,

star-trader

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