Tuesday, August 3, 2021

Technical Analysis Aug 2021: GENM (Bursa: 4715)



GENTING MALAYSIA BERHAD 

Observation from Chart: 

GENM (4715) forming symmetrical triangle pattern.

Will it breakout the support or resistance level ? 

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

Immediate support @ triangle level. 
Subsequent support @ RM2.55 level.

Immediate resistance @ triangle level. 
Subsequent resistance @ RM2.98 level. 

Let's watch closely Disclaimer.

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