Technical Analysis Mar 2011: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

As today 11 Mar 2011, GENTING closed at RM10.00 phicology level & strong support level.

If able rebound, RM10.40 & RM10.64 would be near term resistant level.

However,

1. NO reversal candlestick been formed.

2. MACD at negative region.

3. Stochastic %K NO trigger any buy call.

If break down RM10 support level, it might retest MA200 support level which is RM9.50 level.

Let watch closely.


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