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Genting Singapore PLC
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Publish date: Sat, 26 Mar 2011, 06:12 PM
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- Genting Singapore PLC took support @ its 1.86 levels and now crossed its 50 day MA level of 2.021 and closed on week high of 2.04.\
- Genting Singapore PLC making a Falling wedge pattern, as it was trading in a bearish consolidation trend and now it can move to bullish zone as it took support @ lower support line and reverse, so if it
will give breakout above 2.04 it can turn to be bullish.
- Genting Singapore PLC having a Resistance level @ 2.04 and it can move towards and crossed its upper trend line which is connecting with lower high and go for 2.16-2.25 and above.
- Genting Singapore Ltd having Support @ 2.00 levels and below this level 1.96-1.86 will be the major support zone for Genting.
- Technical Indicator MACD gave its bullish Crossover and seems more bullish and RSI trading above centreline of 50 @
59.18.
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