Monday, August 13, 2012
Genting SP (technical)
Genting SP: Technical Sell Call by UOB Kay Hian with Potential 10.9% return. and $1.14 TP. House note that the stock appears to be resisted by its trend line and a break below $1.22 is likely to
see lower prices. Stochastics indicator has formed a bearish crossover. Stops could be placed at above $1.35. House institutional research has a fundamental BUY with TP of $1.60.
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