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Genting Singapore has broken out from the Symmetrical Triangle and broke the $2.00 psychological support. Genting Singapore failed to break the 20D MA resistance twice. There was a Bullish Harami candlestick pattern observed on last Friday and Genting Singapore may rebound to test the 20D MA resistance (about $2.00) the 3rd time. Failing to break above [...]
Keppel Land (Kepland)’s uptrend ended after breaking down from the Falling Wedge and break the uptrend support. A Bullish Harami candlestick pattern was formed at 78.6% Fibonacci Retracement Support Level and thus expect KepLand to consolidate around $4.19. Also take note that this $4.19 is also the 200D MA support. Next support are $3.85 followed [...]
Original Posting Date: Feb 25, 2010. I traded Goldman Sachs (GS) recently and made some significant mistakes to cause a winning trade to become a losing trade. I feel that I need to document these mistakes to prevent it from happening again. At the same time, I can learn from every one of you how [...]