![](http://1.bp.blogspot.com/-G3WU7R7SoBA/UD4qb0fhOwI/AAAAAAAACVo/Y_Or-6bcPho/s320/2012Aug-GENM.png)
GENTING MALAYSIA BERHAD
Observation from Chart:
GENM forming double bottoms?
Will it rebound?
Other indicator:-
1. MACD at negative region, downtrend sign
2. Stochastic %K NO tigger BUY call yet.
If rebound, immediate resistance @ MA20 / MA50 level.
If retrace down, RM3.28 would be immediate support level.
Let's watch closely...
Observation from Chart:
GENM forming double bottoms?
Will it rebound?
Other indicator:-
1. MACD at negative region, downtrend sign
2. Stochastic %K NO tigger BUY call yet.
If rebound, immediate resistance @ MA20 / MA50 level.
If retrace down, RM3.28 would be immediate support level.
Let's watch closely...
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