GENTING BERHAD
Observation from Chart:-
4 Nov 2011, GENTING retest current resistant level RM10.82.
Will it break through or retrace down?
Other indicator:-
1. NO reversal candlestick have been formed.
2. MACD at positive region, uptrend itinerary.
3. Stochastic %K already trigger BUY call.
If market sentiment positive, high probably GENTING will break through RM10.82 resistant & retest subsequent resistant RM11.32 level.
However, if retrace down, RM10.16 is strong support level, which is MA100 level.
Let watch closely.
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