Friday, October 9, 2015

Genting Sing: A Reversal above 0.800 now?

Let’s see if 0.81 sellers clear out as well  ;)

Sent: Thursday, 8 October, 2015 9:13 AM
Subject: ******** Genting Sing: Breakout seen above 0.785 reistance yesterday, further upside above 0.800 now.....
Genting Sing has staged an incredible recovery along with the market and has headed back to its 0.800 psychological resistance level. May start to consolidate from 0.77 to 0.80 for now before more upside. A further move above 0.80 can pave the way to 0.85 then 0.90 in the short term with indicators starting to reverse and looking positive. 0.85 also coincides with the 100 day MA line which would serve as a resistance to cap more upside.

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