24 January 2017, Tuesday, 9.20am Singapore Time
Attached above is the technicals of Genting Singapore, a Casino Stock that is listed in Singapore. Genting has broken out its mid-long term re-accumulation and even successfully executed its back-test of the rounding bottom break-out recently. Breakout volumes are high and very reliable; selling volume is meek, indicating smart monies are extremely bullish biased, holding Genting stocks tightly and not taking profits. Genting will be a money tree and a money-spinner. It will move up before Chinese New Year and after the Chinese New Year period. It will also have a generally powerful bullish rally for the whole of 2017 to come. Happy Lunar New Year to everyone.
LONG TERM:
U-SHAPE REVERSAL TOWARDS BULLISHNESS
SELLING HAS ENDED
SELLING HAS ENDED
MID TERM:
UPTREND
SHORT TERM:
UPTREND
Technicals:
Immediate/short term target = $1.15
Mid-long term target will be way beyond $1.15
Mid-long term target will be way beyond $1.15
DNA Technical Rating:
Very Bullish with more upsides to come in 2017
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