Heading towards the 0.900 level ?
Sent: Thursday, October 22, 2015 9:36 AM
Subject: ******** Genting Sing: Breakout seen above 0.81 clearly, short term bullish, price 0.82
Subject: ******** Genting Sing: Breakout seen above 0.81 clearly, short term bullish, price 0.82
Genting Sing has finally stage a clear breakout above the 0.81 resistance level after failing to cross above more than 5 times since Aug. This can open the way out of the sideways consolidation phase and see it head towards the 0.85, 0.90 then 0.97 level. Strong top 5 volume seen on this move which definitely adds support. AS LONG AS 0.80 – 0.81 is a support now, we are short term bullish with more upside likely. Stop loss at 0.79 for now. MACD above zero mark and turning higher on today’s price action.
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