Technical Analysis Aug 2017: GENM (4715)
GENTING MALAYSIA BERHAD
Observation from Chart:
GENM retrace down from RM6.20 resistance level.
Will it rebound @ strong support level, RM5.50 ?
Other indicator:-
MACD at positive region, uptrend sign.
Stochastic %K on SELL call itinerary.
Immediate support @ RM5.50 level.
Subsequent support @ RM5.45 level.
Immediate resistance @ RM5.80 level.
Subsequent resistance @ RM6.00 psychology level.
Let's watch closely.
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