Shares & Derivatives
Stock Chart: Genting SP, Noble Grp!
By Dou  •  July 28, 2011

On Thursday, Genting SP re-test the resistance at $1.95 and closed at $1.925 with HIGH volume of 0.135 billion shares traded.

A white candle stick with short upper shadow indicates that investors taking profit as prices approaches the critical resistance.

RSI & MACD are bullish as RSI trend upwards.

Immediate Resistance of Genting SP: $1.95

Immediate Support of Genting: $1.91

Currently prices are supported by 50 days MA.

Today is the 2nd day of breakout with high volume but yet prices have failed to break the critical resistance at $1.95.

The resistance at $1.95 is expected to be very strong and will not give way easily.

Too late to buy now but do consider taking profit at $1.95 if vested since profit taking are well expected now.

On Thursday, Noble continue to trend upwards and closed at $1.90 with LOW ...

...
Read the full article
By Dou
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance