Bullish Sign In Genting SP

Genting SP had broken the bullish triangles after a long accumulative process. Base on the chart the share may likely to go up more but however it will drop back below 1.25 before continues the rally. The share price also may rally up due to the opening hotel on 20 Jan 2010 so I think may profit taking before the date and buy back after the opening.

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My investment with RM5,000 initial capital have been growing since 2005.I found the stock market appears confusing and complicated, but it is most definitely based on logic "supply and demand". However, the laws of supply and demand as observed in the markets do not behave as one would expect. To be an effective trader, there is a great need to understand how supply and demand can be interpreted under different market conditions and how to take advantage of this Off Market Transactions in KLSE.

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