Wednesday, 8 November 2017
Genting Singapore: 8 November 2017, Wednesday, 11.50pm Singapore Time
8 November 2017, Wednesday, 11.50pm Singapore Time
(Click on Technical Chart Above to Expand)
Attached is the technicals for Genting Singapore, a casino stock that is listed in Singapore SGX. The red circled region and before are the years of 2011 and 2012 where I gave live analyses and live forewarnings calling for short-sells and sells on Genting at $2.20, $2.10 and $2.00 respectively. The year 2014 (red circled region) is where I gave calculations, analyses, and live forewarnings calling for Genting to plunge severely to 86cents region to end its downwave (refer to past time-stamped track records on analysis site).
The yellow boxed region is where Genting made a bottom and huge accumulation at below 86cents support line (hiding under support line for re-accumulation using fear), true to my forewarnings of year 2011-2012 and year 2014. Genting consolidated in year 2015 and 2016.
The 2 green circled regions are my live warnings on 8 September 2016 and 24 January 2017 calling for big maximum bullish reversal and to do massive buys on Genting at 76.5cents and 94.5cents respectively (refer to these 2 analyses in my analysis site). This was in tune to my live forewarnings back in 1H-2016 and 2H-2016 that worldwide markets will suddenly negate bear market technical price structures and execute massive bullishness from 2016 on, despite public sentiments being very negative.
Genting has currently executed a very high volume gap-up, holding of the gap-up and continuing to rally strongly after this gap-up. This is a strong show of bullish intention to rally a lot more. $2.00 would be the next psychological target, and I will expect Genting to rally much above $2.00 easily, like a hot knife through hard butter (at least more than +200% profits from this safe stock by then).
Past Genting Analysis Reference (Track Records):