GENTING BERHAD
Observation from Chart:-
GENTING is forming symmetrical triangle pattern
Will it breakout the resistance level ? Or support level?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K still on BUY call itinerary.
If breakout the resistance, immediate resistance @ RM7.70 which is around MA100 level.
Next resistance would be RM7.90 level.
If break down, immediate support @ MA20
Next support would be MA50 level.
Let's watch closely for breakout
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Monday, October 26, 2015
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