On Tuesday, Genting SP re-tests the resistance at $2 and closed at $1.99 with LOW volume of 35.49 million shares traded.

A white candle stick with little upper shadow indicates investors took profit as it approaches the critical resistance.

RSI & MACD are flat as RSI trend sideway.

Immediate Resistance of Genting SP: $2

Immediate Support of Genting: $1.91

Currently prices are resisted by 20 days MA.

It seems that Genting SP is having issues in breaking the resistance at $2 for the past 4 trading days.

Moreover the buying volume for past few days is low which demonstrate the low interest from the market.

Since prices yet to break out of falling trend, we would urge investors to at least wait for resistance at $2 to break before entry.

On Tuesday, Cosco re-test the support at $2 and closed at $2.03 with LOW volume of ...