Well today stock market started to move up but is it time to get in. In every downtrend, allow 1 upday
to happen, if more than 1 upday consecutively occur, then there is a possibility of trend changing and
command further analysis.
In the Genting stock, volume is average with nice price closed near to day's high. In my trading system,
it is not ready to initiate a Long trade as more confirmation will be required. Price must first turns from
Red/Amber to Green Bar, and price must be above the trailing cut loss level which becomes a support
line for the price as it moves higher. Till then, just be patience and stay watching like a wolf waiting for
a good kill.
