Basic Stock Shorting Explained
Just come across this video to explain what is short selling is all about.
Genting SP: Testing Important Support
Genting SP gapped down last Friday and is currently testing the 61.8% Fibonacci Support at about $1.78. If this support is broken, Genting SP may face fierce sell off because there are no significant supports at sight. The stock is currently trading below 20D, 50D, 100D and 200D MA.
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