Sunday, July 11, 2021

Technical Analysis July 2021: GENTING (BURSA: 3182)



GENTING BERHAD 

Observation from Chart:- 

GENTING forming symmetrical triangle pattern.. 

Will it breakout support or resistance level ? 

Other indicator:- 
MACD at negative region, downtrend itinerary. 
Stochastic %K trigger BUY call.

Immediate resistance @ RM5.00 level. 
Subsequent resistance @ RM5.15 level.

Immediate support @ RM4.76 level. 
Subsequent support @ RM4.50 level. 

Let's watch closely Dsiclaimer

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