On Monday, Genting SP re-tests the resistance at $1.53 and closed at $1.515 with LOW volume of 10.36 million shares traded.

RSI & MACD are bullish though RSI in overbought region.

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

Immediate Resistance of Genting SP: $1.53

Immediate Support of Genting: $1.485

For the past 8 trading sessions, prices have been trying to break the critical resistance at $1.53 but failed.

The resistance at $1.53 is expected to be strong.

We would not suggest to buy now as pullback is likely specially on RSI overbought. Sell at $1.53 if possible.

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