Genting SP: UOBK technical analysis points toward GENS trading higher, following a short-term consolidation during late Nov. Says the stock is now gaining momentum on the upside after it closed above the 12-day, 26-day moving avgs. The moving avgs are on the verge of a positive cross over, while the MACD line has already crossed over the signal line, providing a Buy indication.
Next resistance is the previous peak of $2.35 with support at $1.92.
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