Sunday, 19 January 2014

Market Update: 19 Jan 2014



Currently STI is drifting sideways since past 2 week. However sideways also mean there are counters going either way. So I will update 2 counters such as GLP & GentingSP. Let take a look. 

 GLP on the bull trend. Break $2.95 will see $3/$3.03. If STI going bullish, perhaps you can consider to long this counter. Plus in weekly chart. The last candlestick closed on 20MA. 

Genting SP inside the symmetrical triangle. I draw the symmetrical triangle base on the closing price. (Change it to line chart to see it clearly). Short @ current price (or you can wait till STI break 3120). Cut @ $1.525. 3 different target to aim. 


You are remind to trade base on your own risk. Plan and Trade well :)

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