Thursday, August 25, 2011

Technical Analysis Aug 2011: GENM (4715)



GENTING MALAYSIA BERHAD

Observation from Chart:

As today, 25 August 2011 GENM is retest RM3.39 support level.

Will it rebound or further retrace down?

Other indicator:-
1. MACD at negative region, downtrend sign.
2. No reversal candlestick been formed.
3. Stochastic %K NO trigger buy call yet

Subsequent support level, RM3.21

Let watch closely for rebound opportunity...

Disclaimer:

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

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