Genting SP (technical)

Genting SP: Trading Central says the counter could see a further decline, as it still remaGenting SP: Trading Central says the counter could see a further decline, as it still remains caped by a medium term declining trend line since early May '12. Both the short term and medium term moving avgs are heading downwards. In addition, the daily RSI is now oversold and has plummeted below the 30% mark, which is confirming the selling pressure on the stock. The house tips a new pullback towards $1.22 and $1.165 in extension. ins caped by a medium term declining trend line since early May '12. Both the short term and medium term moving avgs are heading downwards. In addition, the daily RSI is now oversold and has plummeted below the 30% mark, which is confirming the selling pressure on the stock. The house tips a new pullback towards $1.22 and $1.165 in extension.