After breaking above the 1.47 temporary resistance level at 1.47 yesterday, Genting has surged quickly to test 1.50. Currently has broken this psychological resistance and more upside can be seen to 1.55 if it manages to stay above 1.50. Short term target to 1.55 first. A break above 1.55 can see it go to 1.50 to 1.60 fast. At this 1.505 level, you can see that it has just crossed above the 20 DAY MA (Green Line) which can signal that short term uptrend is in placed.
Stop loss at 1.485.
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