On Thursday, Genting SP re-tests the resistance at $1.625 and closed at $1.61 with HIGH volume of 0.132 billion shares traded.
RSI & MACD are bullish as RSI trend upwards.
Currently prices are well above the 20/50/100/200 days MA.
Immediate Resistance of Genting SP: $1.625
Immediate Support of Genting: $1.545
Today prices have gap up and re-test the resistance at $1.625 with HIGH buying selling pressure but failed to break out.
The resistance at $1.625 is expected to be strong.
Genting SP did not managed to break the resistance today as investors caught glimpse of the coming poor earnings report after 5pm today. Be alert tomorrow morning if vested once the market opens at 9am as the impact is expected to be huge.
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