GENM is a good stock for trading purpose.
Breakout #1 : After 7 months, with 5 times of price hitting resistance level of RM3.73, the price broke out. 5% profit could be generated from the price breakout, after 3 weeks.
Breakout #2 : Since price hit RM4 on the 1st of July 2013, and another 2 episodes of price reaching resistance level, opportunity knocks again. Price pierced through RM4 to close at RM4.01. Anyone bought at closing time, would have been smiling all the way to the bank as a long white candlestick appeared the next day. Profit was a cool 5% in 24 hours!
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