Monday, January 6, 2014

Genting SP (technical)

Genting SP: Trading Central notes the stock stands firmly above its key support base around $1.41, and is likely to post further advance. In addition, the RSI indicator is still supported by an ascending trend line, confirming a positive outlook. As long as $1.41 is supported, the house prefers a new up move to challenge $1.55. On a breakout, look for $1.59 in extension.

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