V3Go Stock Outlook: Genting SP may see support soon.
Posted by admin in Market Analysis, Stock PickGood Evening,
I mentioned that this stock, Genting SP’s support will be 86.5cents and indeed, we saw that this stock kept being supported at that price for many occassion on the 2nd and 3rd of March (Incredible right? V3Go System can see all these interesting support/resistant levels, on the charts!!) but today, it gave way and traded below it. Low was 83.5cents.
Based on our V3Go System, the next support is 81.5cents but when I observed its past movement and my V3Go Indicators, I see that despite the selling wave, there is a divergence in the patterns and this could represent some potential support on this stock soon.
So I am going to advise my grads to refrain from shorting this stock further tomorrow, which I know some been doing that, according to the V3Go Rules and made a good profit from it.
So while I am intending to do that for my grads, I think I should also give my insights here to share. Hope everyone who reads the blog can benefit from it.
NOTE: For those who paid for the Genting Signal, please check your email tomorrow morning.
Cheers!
Kelvin Han
aka Trend Master
Originator of V3Go Mentoring Program
Started: 2222hr.
Ended: 2228hr
Entries (RSS)