Shares & Derivatives
Stock Chart: Informatics, Genting HK!
By Dou  •  January 27, 2011

On Thursday, Informatics re-tests the support at $0.13 and closed at $0.13 with LOW volume of 1.85 million shares traded.

A black candle stick with no upper/lower shadow indicates that investors have no hesitant in selling down the stocks although the selling volume is relatively low.

Both RSI & MACD are neutral as RSI trend sideway.

Important Resistance of Informatics: $0.14

Immediate Support of Informatics: $0.13

Currently prices are resisted by 20/50 day MA.

From the charts, we could see that the prices are consolidating along the key support of $0.13/0.125 and key resistance of $0.145.

The support at $0.125 is expected to be very strong.

If interested in the fundamental of Informatics, do consider buying at $0.125 support level.

On Thursday, Genting HK re-tests the support at $0.455 and closed at $0.46 with LOW volume of 10....

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By Dou
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