Tuesday, February 18, 2014

Genting HK (technical)

Genting HK: Share price appears to be consolidating in a symmetrical triangle chart pattern, with resistance around US$0.44, and support ~US$0.40. Watch out for breakout in either side for an indication of the price’s next directional movement. RSI at above neutral zone indicates it is more likely to test the US$0.44 resistance.

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