Genting SP: Support broken can lead to more downside.....

Have broke the support today on strong volume, where to now ?

Sent: Thursday, March 05, 2015 9:58 AM
Subject: ***************** Genting SP: Still a negative below 1.00, CFD SELL, becareful long below 0.95 support , price 0.96

Since breaking below the CRITICAL 1.00 SUPPORT more than a week ago, Genting SP has continued to trade below it and has formed a new low over the past few days. Immediate support would be at 0.95 – 0.955 for now and any breakdown can see it trade lower to 0.90. CFD SELL positions can be used to ride any downside further on a breakdown. As long as 1.00 is the immediate resistance, short term trend is still a negative with all  3 MOVING AVERAGES sloping downwards and 20 day MA accelerating downwards on recent price action.