Divergence Trader

How I Handled My Pick - Genting Sing (Long)

Francis Chua
Publish date: Tue, 18 Nov 2014, 05:33 PM
Francis Chua
0 10,453
To find the truth, look below the surface

It was a hectic week, I have been busy blogging and also trading at the same time.

Before I started to blog, I don’t have to bother writing my trade in details but now i think i have to be responsible to reader who has been following my story.

So here we go:

Genting Sing has been beaten down from $1.30 to 1.01. However after earning result announcement, I observed that price was quite stable at $1.02

So I keep Genting Sing in my watchlist.

As Dr. Alexandra Elder say “You analysis the chart, don’t just throw away”.

It is the same as you manage to get the mobile number from a pretty lady(chio bu) in a pub, you need to follow up. “Call her and keep the follow up”

How i picked my ‘A’ trade Genting Sing, you can read from this link.

To my surprise, Genting start to move up and it was fast, It hit my target of 1.085/1.09. As I have stated before, there will be a lot of sellers at 1.085/1.09 (trade secret). True enough, 1.085 is a big road block. And I sold 100 lots at 1.08.

I am pleased to take profit even I feel that Genting Sing still have room to move up.

Best wishes,

Divergent Trader Francis

Genting SOLD

Statement

 

Disclaimer: This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the internet. All analysis are based on my own personal view and years of experience. It should not be used as a decision to solicit buy/sell activity. Use all information at your own discretion and practice due diligence.

 

 

 

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