Genting testing its uptrend line support at RM6.15

Genting has dropped back to its medium-term uptrend line again. This uptrend line should provide support at the RM6.15 level. Its immediate horizontal support is at its recent low of RM6.00, while immediate horizontal resistance is at RM6.25 (thereafter, RM6.40 & then RM6.80).


Chart: Genting's weekly chart as at May 9, 2008 (courtesy of Quickcharts)