GENM trade ideas
GENM, do you make the right move?Especially intraday trades, should minimize their loss when price drop below 2.76.
So far yet has any signal of recovery. Just wait next trading day and see how what's the market maker's next move.
Note : It's often easier to make profits when you're in sync with the overall direction of the market.
Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
GENM - protect the downside It might reach the peak for this round.
>> Need to break the long term downtrend line (pink) but seems it's quite hard to do so.
>> Two road blocks are the top there.
>> Protect the downside.
Let the bull rest / go for holiday.....
When the market moves where, and how, and if - these are all unknown. The only thing which we can control is our risk. Focus on risk management!
Keep the long term vision.
PDisclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
GENM (Genting Malaysia). We need "Patience" to buy/hold. 30/6/23Genting Malaysia has gone many years of "honey moon" time for "more bedding time" BEFORE...A "Huge/Giant" ""Tringale" " abcde (green)"running" for "many years" = To Test Our "waiting skills" waiting for 5-10 years.. "Buy and Hold" "Patience" on "BLUE cheap" stock.
GENM | Bottom formingToday's price down with high volume are mainly created during the day bottom price. High volume with price stays the same is a sign of bottoming for our analysis.
However, do take note that this is just a sign of price bottoming. It is not a sign of rebound yet. To catch the rebound, we will need to monitor the upcoming trading days price & volume for any sign of big boys have intention to mark the price higher.
GENM - Pullback Completed ?Sign of Strength in the chart:
1. Shakeout Completed
2. Pullback with NS
3. Bullish signal is back
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
GENM IN HARMONIC PATTERNGENM spotted with bearish bat harmonic pattern rebounding at fib0886 (Point C) where a potential trade can be taken up to fibo886 extension or Point D. The harmonic pattern happens to be inside a bullish pennant. Proposed trade as per chart where the CL is below a yearly pivot (not shown).
GENM VCP SETUPRecovery stocks recently got movement since travel restriction will soon lifted after nationwide achieve 90% vaccination.
GENM observed contraction below:
C1: -21%
C2: -11%
C3: -3% (earliest signal low cheat)
C4: -6%
C5: -4%
Let's monitor its movement. GENTING also has the similar setup.
Disclaimer:
Not any buy call suggestion. Sharing on chart pattern for education purpose. Trade with your own risk.
<TradeVSA> Re-Accumulation with Potential VCP SetupCase Study:
1. Genting
2. Genm
Sign of Strength in the chart:
1. Re-accumulation
2. Potential VCP Setup
3. Strong background
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
<TradeVSA> Strong Accumulation. Low Risk Now ?Case Studies:
1. WCT
2. SPSETIA
3. GENM
Focus in this video:
1. How to combine weekly and daily chart
2. Sign of Strength with Green Pentagon in both timeframe
3. Background in the Accumulation stage
4. What is a successful Accumulation / Reversal ?
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Genting Malaysia waves updated 26 May 2021Due to the lock-down, with "very serious" of covid 19 climbing up cases.. Genting Malaysia's Casino and its Newly Theme Park still waiting for its post pandemic "recovery business".. Genting Malaysia Monthly maybe is forming a wedge pattern.. Possible bottom around Rm1.00
GENM STOCK PICK FROM EXPERT 03012021
2021 STOCK PICK FROM EXPERTS
PURPLE LINE = STRONGER SUPPORT
RED LINE = MINOR SUPPORT
Disclaimer:
Please be informed that above analysis are solely for education purpose; it is neither a trading advice nor an invitation to trade. For trading advice, please speak to your remisier or dealer representative.
You are responsible for your own risk management Do Your Own Due Diligence
GENM - Wave 2 AwaitingGENM
Rst: 2.78
Spp: 2.33
Candlesticks continued to form above upper BB, and even breakout from MA200 the critical resistance trendline means the stock can expect another upside wave, there’s a say gap created will always be filled up but I think not for this case, it will not always happen.