Weekly market analysis covering Singapore, US, Hong Kong and China — stocks, REITs, ETFs and trading perspectives.

Wednesday, December 16, 2009

Case Study: Genting



Genting forming a beautiful text-book example for symmetric triangle breakout.

Timeframe: 2~3 mth
prior trend: up
Volume: diminishing towards apex
breakout: high volume and 2/3 rule
Price target projection: 1.27

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