On Thursday, Genting SP re-test the support at $1.77 and closed at $1.795 with HIGH volume of 0.13 billion shares traded.

A white candle stick with short upper shadow indicates that investors are buying on the bargain stock after the recent fall.

RSI & MACD are bearish as RSI trend downwards.

Immediate Resistance of Genting SP: $1.84

Immediate Support of Genting: $1.77

Currently prices are well below 20/50/100/200 days MA.

On 19/July, Genting SP undergo heavy selling pressure which broke the critical support at $1.84. This is a bearish signal.

Although there are some buying pressure with the prices lying on the $1.77 support but we would see it as merely a short covering.

Due to the recent bearish sentiment, we would suggest only to buy Genting SP after $1.84 resistance is broken.

Stock Chart: Genting SP! is contributed by : Singapore ...