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$Genting Sing (G13.SG)$
**Trend Analysis**
1. Short-term Trend
- The daily chart shows that the stock price (0.770) has stabilized above the MA20 (0.756), and today it surged with strong Volume (16.8387 million shares), indicating that short-term bulls are dominant, which may lead to a continuation of the rebound.
- The resistance level is at MA250 (range of 0.788-0.813). If it breaks through, it may open up upward space; if it encounters resistance and falls back, attention needs to be paid to the support strength of MA20 (0.756).
2. Long-term trend
- The weekly MA250 (0.813) is still above the current stock price, and the long-term trend has not yet reversed, so caution is needed regarding the upward pressure. If the weekly chart can stabilize above the MA250, the medium to long-term trend may turn optimistic.
3. Key signals
Volume: Today's trading amount significantly increased (12.9508 million), combined with price rises, strong short-term Call signals.
- Range: Today's high of 0.775 is close to the resistance level; if it breaks through, it may test the 0.788-0.813 range. If it pulls back, 0.760 (today's low) is the first support, and if it falls below this, it may dip to 0.732 (weekly MA20).
**Trend Analysis**
1. Short-term Trend
- The daily chart shows that the stock price (0.770) has stabilized above the MA20 (0.756), and today it surged with strong Volume (16.8387 million shares), indicating that short-term bulls are dominant, which may lead to a continuation of the rebound.
- The resistance level is at MA250 (range of 0.788-0.813). If it breaks through, it may open up upward space; if it encounters resistance and falls back, attention needs to be paid to the support strength of MA20 (0.756).
2. Long-term trend
- The weekly MA250 (0.813) is still above the current stock price, and the long-term trend has not yet reversed, so caution is needed regarding the upward pressure. If the weekly chart can stabilize above the MA250, the medium to long-term trend may turn optimistic.
3. Key signals
Volume: Today's trading amount significantly increased (12.9508 million), combined with price rises, strong short-term Call signals.
- Range: Today's high of 0.775 is close to the resistance level; if it breaks through, it may test the 0.788-0.813 range. If it pulls back, 0.760 (today's low) is the first support, and if it falls below this, it may dip to 0.732 (weekly MA20).
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$Genting Sing (G13.SG)$ Please reply quickly.
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$AEM SGD (AWX.SG)$ Unfortunately, it’s not a hammer pattern. A hammer pattern should have long tail. (Just like a hammer should have long “handle”)
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$Genting Sing (G13.SG)$ why price drop all talk, then price up nobody talk?
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Were you tuned into our "Invest with Sarge" livestream which demystifies the art of trending stocks? If not, no worries — we've got a balanced recap to keep you in the loop and ready to tackle the market trends like a pro!
Insights into Trending Stocks
In our recent session, Sarge explored the dynamics of trending stocks such as $NVIDIA (NVDA.US)$ and $Tesla (TSLA.US)$. These stocks often gain significant attention and can present opportunitie...
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$Genting Sing (G13.SG)$ this stock took ages to break through 1
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$Genting Sing (G13.SG)$
Price has broken through the 200MA on the daily, and 5 MA has crossed the 200MA with 10 and 20 MA following suit.
Think more upside to come.
Price has broken through the 200MA on the daily, and 5 MA has crossed the 200MA with 10 and 20 MA following suit.
Think more upside to come.
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