Wednesday, March 23, 2011

Genting Sp

Genting Sp: Latest notification just in show that its parent Genting Overseas Holdings has bought shares on 1 Mar (11m @ $1.93 & 15 Mar (16m @ $1.90). Stock has broken above its 20-day MA at $1.94 & penetration of its $2.03 resistance would negative its recent downtrend. Momentum indicators, Stochastics turnng positive while MACD & ADX poised to trigger buy signals.

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