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)
Note:
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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