Since our previous call last Thursday 31st Jan 2013 when Genting has broken above the 1.50 resistance level(We called for a buy at 1.51), it has managed to stay above this new 1.50 support level. Currently consolidating from 1.51 to 1.55 range for the past week. More upside on any breakout above 1.60 level. Currently at TOP 20 volume. Possible to head higher due to Seasonal CNY gambling sentiment.
Stop loss at 1.485.
No comments:
Post a Comment