Wednesday, February 23, 2011

GENTING SP CHART - Volatile price action on release of 4Q results....

Support at 1.98 was broken today when Genting SP opened at 1.93. Range possible from 1.85 to 1.98.... Psychological support at 1.90 which is broke today on high volume but recovered.... next support at 1,85 which is the low in Sept 2010. Traders have to be nimble while trading this range... Stop loss on breaks below 1.85.


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