Genting Singapore has been on a bullish trend for 3 months since end April. The rise in stock price has been very steep and it is very similar to the previous pattern (ie. very steep slope followed by a big sell down). In addition, Genting Singapore is very close the $1.30 resistance and present very limited upside opportunity. Will the history repeat itself and worth the gamble at this entry point? I think the shorties are gettign ready to short this stock. Let see…..
- Post author:Marubozu
- Post published:August 1, 2010
- Post category:Genting Singapore
- Post comments:2 Comments