Monday, January 28, 2013

Technical Analysis Jan 2013: GENTING (3182)

GENTING BERHAD

Observation from Chart:-

GENTING is retest MA20 support level.

Will it rebound?

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

If rebound, RM9.80 would be immediate resistance level.
If break down, next support would be MA200 support level.

Let's watch closely.

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