On Monday, Genting SP re-tests the resistance at $1.57 and closed at $1.565 with LOW volume of 27.56 million shares traded.

A black candle stick with long upper/lower shadow affirms that investors are hesitant on the direction ahead.

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

Immediate Resistance of Genting SP: $1.57

Immediate Support of Genting: $1.465

Currently prices are resisted by 20/50 days MA at $1.57.

Since Aug 2011, prices have been consolidation between the key support of $1.465 and key resistance at $1.79.

On 25/Nov, prices rebound strongly against the support at $1.465 and trend higher.

However the buying pressure is weak for the past week and prices have problem breaking the minor resistance at $1.465.

Watch out for any pullback to $1.465/$1.42 if vested.

On Monday, STX OSV re-tests the minor ...