Wednesday, February 9, 2011

Technical Analysis Feb 2011: GENTING (3182)


GENTING BERHAD

Observation from Chart:-


GENTING have been retrace down from RM11.98 high.

As today 9 Feb 2011, it closed at RM10.40 level which is below MA100.

Next support would be RM10.34 & RM10 phicology level.

If rebound, RM10.62 & RM10.80 would be near term resistant level.

MACD indicator, already break down negative region.

Meantime, Stochastic %K NO trigger any buy call.

Let watch closely.


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

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