Thursday, June 11, 2020

Genting SP - Supply Zone and Sell Down




Happy to receive a record from my student today where she shorted Genting based on my blog analysis. As Genting SP touched the supply zone as shared and blog 2 times on my blog, the stock today suffered the same fate as the rest as it gap down.

http://stockmarketmindgames.blogspot.com/2020/06/genting-sp-spotted-some-sellers.html

http://stockmarketmindgames.blogspot.com/2020/06/genting-sp-broke-down-at-supply-zone.html



Profits were made as the stock suffered some more selling today. Genting continue to slumber down and touched a small demand area where I think it was wise to take profits and that's what my student did. Using the analysis on my blog, it's profits after profits so far and combined with the Capitaland trade which I gave, it was double profits. Looking forward to the next trade if possible as I put my focus in the US market now.

Ronald K - Market Psychologist - A Stock Market Opportunist