Technical Analysis Jan 2011: GENM (4715)

GENTING MALAYSIA BERHAD

Observation from Chart:-

GENM have been retrace from RM3.66 high & retest RM3.21 support level.

As today, 31 Jan 2011 formed bullish engulfing candlestick.

If rebound, may look for RM3.44, RM3.54, RM3.60 resistant.

If the rebound strong enough, it will retest RM3.66 high soon.

However, if retrace down, may retest next support level RM3.14, RM3.04

Let watch closely...

Remark:
Pls buy at your own risk & consult your broker b4 make any buy or sell order!!!