Wednesday, April 18, 2018

Genting Sing: A rebound caught after the sell down... price 1.19, watching..


We have seen Genting Sing selling down in most of Feb and March 2018 however…


Over the past week, we managed to see some good reversal actions in Genting Sing above the 1.10 level…


Some upside reversal targets were drawn and seems like we have already hit the 1.20 resistance level over the past few days..


See what I mean.





We are seeing some profit taking for now near 1.20 which is normal given the rebound caught where some may want to take profits…


However, would not rule out the upside reversal continuing on more firm actions above 1.20 now…


Targets may be revised higher if that happens….  to 1.30 probably…


Watching..







No comments:

Post a Comment