Technical Analysis May 2017: GENTING (3182)
GENTING BERHAD
Observation from Chart:-
GENTING forming ascending triangle pattern.
Will it breakout the resistance & go higher?
Other indicator:-
MACD trade at positive region, uptrend sign.
Stochastic %K on BUY call itinerary.
Immediate resistance @ RM10.00 level.
Subsequent resistance @ RM10.16 level.
Immediate support @ RM9.80 level.
Subsequent support @ RM9.70 level.
Let's watch closely for breakout opportunity.
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