Genting HK has cleared the psychological 0.500 resistance level which it has consolidated below for about 2 weeks. Currently at 0.505. Top 30 Volume seen currently. Almost reaching the high set in September 2010 which was at 0.55 level. Possible for it to test this critical level again if it managed to stay above 0.500. Resistance has turned support at 0.500. As long as 0.500 holds well, short term upside to 0.55 can be possible. A break above 0.55 can see it find a new high at 0.60
Stop loss at 0.485
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