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Stock Chart: Genting SP!
By Dou  •  March 11, 2012
On Friday, Genting SP re-tests the support at $1.575 and closed at $1.59 with LOW volume of 23.5 million shares traded. During the past 10 bars, there have been 3 white candles and 5 black candles for a net of 2 black candles.  During the past 50 bars, there have been 18 white candles and 27 black candles for a net of 9 black candles. RSI & MACD are flat as RSI trend sideways. Currently prices are resisted by 50/100 days MA. Immediate Resistance of Genting SP: $1.65 Immediate Support of Genting: $1.575 For the past 4 trading sessions, prices have re-test the critical support at $1.575 but managed to stay above this level. The falling volume indicates that the selling pressure could be over as prices goes into consolidation mode. The support at $1.575 is expected to be strong. Watch for ......
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By Dou
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One response to “Stock Chart: Genting SP!”

  1. charts like these are truly efficient with regards to determining which is which, stock charting tool could help..

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