3 thoughts on “Genting Singapore : Forming A Symmetrial Triangle

  1. Genting SP is in an long term uptrend according to the chart. If it retraces back to 78.6% ($2.027), do you think it is a good time to buy or wait further between 50% – 61.8%?

  2. Personally I don’t think Genting Singapore is on long term uptrend. Current valuation does not support the price to keep going up. Rolling PE for Genting Singapore now is 300! For me, I don’t think I am buying at low at the current price. Current price violates my “Buy Low Sell High” long terms investing rule. I will only wait till the retracement back to 50%-61.8% for “trading” opportunity.

Leave a Comment