Can the 0.85 clear out or should we take some profits?
Sent: Wednesday, March 30, 2016 9:18 AM
Subject: ****************** Genting Sing: Supported above 0.800 for now, still positive for rebound above, price 0.82
Subject: ****************** Genting Sing: Supported above 0.800 for now, still positive for rebound above, price 0.82
Genting has headed back down to the 0.800 support again over the past week after touching a high of 0.85 and unable to cross above. It can rebound from this level back to 0.85 to attempt a further breakout where any push above can see it trade to 0.900. Those looking for any rebound opportunity can consider accumulating some near 0.800 as long as support holds with stop loss at 0.785.
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