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.

Technical Analysis Oct 2020: GENM (Bursa: 4715)

GENTING MALAYSIA BERHAD 

Observation from Chart: 

GENM (4715) moving toward RM1.82 support level. 

Will it forming double bottom @ RM1.82 ? 

Other indicator:- 

MACD at negative region, downtrend sign. 

Stochastic %K on BUY call itinerary. 

Immediate support @ RM1.82 level. 

If break this support, lower low is confirm. May have another wave of downtrend. 

Immediate resistance @ MA20 level. 

Subsequent resistance @ RM2.19 level. 

Let's watch closely Disclaimer.