Genworth Financial Inc (NYSE: GNW) Chart 1:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 1: New Wave of Uptrend
Genworth Financial Inc (NYSE: GNW) Chart 2:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 2: 50 MA and 200 MA are acting as supports now, no longer as resistances.
Genworth Financial Inc (NYSE: GNW) Chart 3:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 3: Cup and Handle: Bullish
Genworth Financial Inc (NYSE: GNW) Chart 4:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 4: Powerful gap up support: bullish
Genworth Financial Inc (NYSE: GNW) Chart 5:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 5: Island Reversal to Bullishness
Genworth Financial Inc (NYSE: GNW) Chart 6:
26 October 2016, Wednesday, 11.01am Singapore Time
Chart 6: Likelihood of a backtest to $4.00 region to confirm change in direction and to confirm the $4 new-found support before launching a new-found rally up in 2017.
Additional Note:
【All financial sector stocks worldwide will rebound and rally in 2017】
Genworth Financial Inc (insurance and financial) is plucked out from the sector and used as an illustrative example of the sector
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