Tuesday, March 7, 2017

Technical Analysis Mar 2017: GENM (4715)


GENTING MALAYSIA BERHAD 

Observation from Chart:

GENM forming higher high & higher low...

How high will it go?

Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on BUY call.

Immediate support @ RM5.20 level.
Subsequent support @ RM5.07 level.

Immediate resistance @ RM5.50 level.
Subsequent resistance @ RM6.00 psychology level.

Let's watch closely...

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