Tuesday, June 25, 2013

Genting is testing its intermediate uptrend line

Genting has corrected substantially to its intermediate uptrend line at RM9.95. If it can hold at this level (preferably above RM10.00), the stock may stage a decent rebound. For those with a need to trade, Genting could be an interesting trading BUY.

Chart 4: Genting's daily chart as at June 25, 2013 (Source: quickcharts)

In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, Genting.

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