Genting Sing: A new low seen again with it not able to break upwards above 0.800 convincingly over the past 1 week.....

Now at 0.76, towards 0.700 next support?

Sent: Thursday, August 13, 2015 9:23 AM
Subject: ******* Genting Sing: Breakdown below 0.800 support spotted, price 0.795, Cautious

Seems like a breakdown below the 0.800 psychological support level today on top 10 volume. Low was at 0.785 today. Note that staying below 0.800 now would not be a good sign and can see more weakness ahead as mentioned yesterday. Cautious long position. Breaking lower on each minor consolidation indicating strong selling pressure on any slight reprieve.