𝐆𝐞𝐧𝐭𝐢𝐧𝐠 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞 – 𝐈𝐬 𝐭𝐡𝐞 𝐖𝐨𝐫𝐬𝐭 𝐑𝐞𝐚𝐥𝐥𝐲 𝐎𝐯𝐞𝐫? (𝐓𝐡𝐢𝐬 𝐋𝐞𝐯𝐞𝐥 𝐊𝐞𝐲!)

by michaelg August 9, 2020

Author: Trading Impossible | Joey Choy
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When the Covid-19 situation escalated in Feb, we saw Genting Sing selling down by close to 40% to a low of 0.50 in less than a month..

then it staged quite an impressive 𝐑𝐄𝐁𝐎𝐔𝐍𝐃 in April and May.. 😅

rebounding by more than 50%,

But it seems like 𝐒𝐄𝐋𝐋𝐄𝐑𝐒 are regaining back control again over the past few weeks.😨

On Friday, we saw it tanked down by close to 5% as it reported its 𝐰𝐨𝐫𝐬𝐭 𝐪𝐮𝐚𝐫𝐭𝐞𝐫𝐥𝐲 𝐩𝐞𝐫𝐟𝐨𝐫𝐦𝐚𝐧𝐜𝐞 𝐬𝐢𝐧𝐜𝐞 𝟐𝟎𝟏𝟎 amidst the current pandemic.

Some downside targets were drawn a few weeks back and it has sold down more since.. ️🎯️🎯

So the question I have been getting over the past week is:

“𝐉𝐨𝐞𝐲, 𝐢𝐬 𝐢𝐭 𝐭𝐢𝐦𝐞 𝐭𝐨 𝐁𝐔𝐘 𝐆𝐞𝐧𝐭𝐢𝐧𝐠 𝐒𝐢𝐧𝐠? 𝐂𝐚𝐧 𝐰𝐞 𝐬𝐞𝐞 𝐚 𝐑𝐞𝐛𝐨𝐮𝐧𝐝 𝐀𝐠𝐚𝐢𝐧?” 🤷

Well, watch this video Recorded 9 Aug 2020 to see if there can STILL be more downside for this counter..

and more importantly, 𝐢𝐟 𝐭𝐡𝐞 𝐰𝐨𝐫𝐬𝐭 𝐢𝐬 𝐫𝐞𝐚𝐥𝐥𝐲 𝐨𝐯𝐞𝐫…

You want to focus on this key level for now and 𝐍𝐎𝐓 𝐛𝐞 𝐭𝐨𝐨 𝐐𝐔𝐈𝐂𝐊 to try to catch the bottom imo.. 😬

See what I mean and why.