On Thursday, Genting SP trend upwards and closed at $1.93 with regular volume of 63.91 million shares traded.

A white candle stick with long upper shadow similar to “shooting star” affirms that investors are beginning to take profit off the table.

RSI & MACD are bullish as RSI trend upwards.

Immediate Resistance of Genting SP: $1.98

Immediate Support of Genting: $1.91

Currently prices are supported by 20 days MA at $1.91.

For the past week, Genting SP has been rising under low buying pressure which affirms that the rally is lack of conviction.

In fact, the past 3 candle sticks indicates weakness as investors attempted to take profit from this stock.

We would advise to hold on your buying for time being since Genting SP likely to under selling once STI pullback. Watch for the support at $1.91

Stock Chart: Genting SP! is contributed ...