Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. This blog is created for the sole purpose of education, discussion and knowledge sharing. All charts and information can be obtained freely from the public 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.
The 200 lots short sell in Genting SP yesterday may not be the best price but as of now, I haven't seen much buyers coming in to sweep up the shares yet. I am not sure where the buyers are but the chart looks bearish to me and hence I am waiting for the real buyers to come before covering the shorts. Buyers don't normally do their support at the top. They accumulate at the bottom and sell at the top. Let's see.