Sunday, November 18, 2012

Technical Analysis Nov 2012: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest MA20 / MA100 support level.

Will it rebound?

Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on SELL call itinerary.

If rebound, RM9.50 would be immediate resistance level.
If break down, next support would be RM9 psychology support.

Let's watch closely.

0 comments:

Post a Comment