V3Go Outlook on Genting SP: Continue to stay out until we see 86.5cents first.
Posted by admin in Events and Advertisements, Market Analysis, Stock PickGood Morning,
By 3pm yesterday, as long as you are in our mailing list or have read the blog, you should have notice that we are looking at Genting SP to find support at 86.5cents, using our V3Go System. This stock been trading actively, with around averge 130million shares, daily, since 22nd of Feb 2010. With such heavy volume, it is going to work for both sides of the market.
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Yesterday it was hovering at around 90-91cents levels. Today, it seem to lose the 90cents region and most likely going to test 86.5cents soon.
At the moment, we are asking people who shorted Genting or intending to long Genting, to pay more attention when 86.5cents is trade. This is a critical support level. If the stock cannot hold this level, the next level could be all the way down to 81.5cents.
My latest update to my fellow grads:
[10:26:18 AM] 00 KH-Trend Master: HK recovered to OP then come back down and this time brought NIKKEI and SIMSCI even lower to new DL levels, I really recommend traders to stay OUT from the LONG SIDE
Disclaimer apply as usual.
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Started: 1043hr.
Ended: 1052hr
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