On Wednesday, Genting SP broke the minor resistance at $1.63 and closed at $1.665 with HIGH volume of 0.161 billion shares traded.

A long white candle sticks with little upper shadow affirms on the slight profit taking.

RSI & MACD are bullish as MACD lines perform a “golden cross”

Immediate Resistance of Genting SP: $1.77

Immediate Support of Genting: $1.63

Currently prices are resisted by 20 days MA.

Today prices broke the resistance at $1.63 with high volume which affirms on the bullishness of the investors. This give a strong reversal signal.

The resistance at $1.77 is expected to be very strong.

Buy at support at $1.63 if interested and avoid the resistance at $1.77.

On Wednesday, DBS trend upwards and closed at $13.25 with HIGH volume of 10.3 million shares traded.

Three white candles occurred in the last ...