Genting SP (technical)

Genting SP: Trading Central notes the stock posted some rebounds recently, and remains strongly supported by a key horizontal level at $1.41. Both the 20-day and 50-day moving averages are still positive. Furthermore, the RSI indicator is heading upward, backed by a rising trend line. As long as $1.41 (a MT key support) is not broken, the house sees a likely advance to $1.55, and $1.59 in extension.