A quick review of those previous chart I plotted.
As i mentioned earlier, GLP have to cross $2.95 in order to see the $3/$3.03. However $2.95 resistance is way too strong and currently STI break below 3120. To be safe than sorry. I will suggest no action to be taken till STI find it support area or once $2.95 break through.
Noble pointed out earlier too. Bull & Bear have been fighting past few days till it finally break down and successfully formed H&S. Congrats those who shorted @ $1.04. Current target $0.97 & $0.92 (final, mirror image).
Kepland on the weekly chart i pointed out to target $2.88. Of course is hard to have one way trip in a stock market unless financial crisis or company bad news. So for those who still believed there is room for kepland to continue to plunge, they may wish to short it @ the current price (since STI drop below 3120) or wait for it to pullback $3.37/$3.4.
Congrats those who shorted Genting SP @ $1.47 or those who shorted once STI 3120 give way. Now with the current high volume, let continue to hold on and shall see whether it able to reach the first target $1.42 follow by $1.37
Please take note next week due to CNY. Trading days will be reduce and volume may not be that strong.
You are remind to trade base on your own risk. Plan and Trade well :)
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