Tuesday, September 13, 2011

Genting

Buy Genting at $1.67 on 6th Sept

Trade decision conditions:
  1. STI was hit down heavily yesterday but a higher low is seen
  2. Successfully defend it's 10DMA of $1.64, expect the short-term 10DMA to hold
  3. Broke out of 30DMA of $1.66
Stop: $1.61

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